Filing Flows › Porch Group (PRCH) › Q3 2026 › vs Q3 2025
Porch Group (PRCH) Q3 2026 vs Q3 2025 (year over year)
Porch Group's revenue rose $16.6M (+13%) from $127M in Q3 2025 to $144M in Q3 2026. The biggest changes: Reciprocal Segment +$15.7M (+20%); Insurance Services +$4.1M (+54%); Software & Data −$2.2M (-10%). Gross margin 75.0% against 75.5% (-0.6 pts).
Porch Group, Q3 2026: revenue $144M (+13% year over year), operating margin 12.6%, net earnings $12.2M, operating cash flow $59.5M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 75.0% | 75.5% | -0.6 pts |
| Operating margin | 12.6% | 12.8% | -0.3 pts |
| Net margin | 8.5% | -8.5% | +17.0 pts |
| Free cash flow margin | 41.1% | 32.0% | +9.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Reciprocal Segment | $94.2M | $78.4M | $15.7M | +20% |
| Software & Data | $19.7M | $21.9M | −$2.2M | -10% |
| Consumer Services | $18.3M | $19.4M | −$1.1M | -5% |
| Insurance Services | $11.7M | $7.6M | $4.1M | +54% |
| Revenue | $144M | $127M | $16.6M | +13% |
| Gross profit | $108M | $96.2M | $11.7M | +12% |
| Cost of revenue | $36.0M | $31.1M | $4.9M | +16% |
| Operating profit | $18.1M | $16.3M | $1.8M | +11% |
| Operating expenses | $89.8M | $79.8M | $10.0M | +12% |
| Pre-tax earnings | $8.0M | $3.3M | $4.7M | +140% |
| Other expense, net | $10.1M | $13.0M | −$2.9M | -22% |
| Sales & marketing | $43.5M | $39.4M | $4.1M | +10% |
| General & admin | $30.4M | $27.1M | $3.4M | +12% |
| Other operating costs | $15.9M | $13.4M | $2.5M | +19% |
| Income tax benefit | $995K | −$4.3M | $5.3M | — |
| Loss borne by minority interests | $3.2M | −$9.9M | $13.0M | — |
| Net earnings | $12.2M | −$10.9M | $23.0M | — |
| Depreciation & amortization | $5.2M | $5.9M | −$631K | -11% |
| Share-based compensation | $11.4M | $7.2M | $4.2M | +58% |
| Working capital & other | $30.7M | $38.6M | −$7.9M | -20% |
| Operating cash flow | $59.5M | $40.8M | $18.7M | +46% |
| Free cash flow (OCF − capex) | $59.2M | $40.7M | $18.4M | +45% |
| Capital expenditures | $367K | $91K | $276K | +303% |
Questions
How much did Porch Group's revenue grow year over year in Q3 2026?
Porch Group's revenue rose $16.6M (+13%) from $127M in Q3 2025 to $144M in Q3 2026.
What drove Porch Group's revenue change in Q3 2026?
Reciprocal Segment +$15.7M (+20%); Insurance Services +$4.1M (+54%); Software & Data −$2.2M (-10%).