Filing Flows › Porch Group (PRCH) › Q3 2026
Porch Group (PRCH) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Porch Group (PRCH) reported revenue of $144M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +2% from the quarter before. Operating margin was 12.6%, net earnings $12.2M (8.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $144M | +2% | +13% |
| Gross profit | $108M | +23% | +12% |
| Operating profit | $18.1M | — | +11% |
| Net earnings | $12.2M | +117% | — |
| Operating cash flow | $59.5M | +44% | +46% |
| Free cash flow | $59.2M | +45% | +45% |
What changed
Revenue was $143.9M in Q3 2026, up 13% year over year and up 2% from the previous quarter. Reciprocal Segment was the largest line at 65% of revenue. Reciprocal Segment added $15.7M year over year (up 20%), 95% of the total change. Software & Data declined 10%.
Gross margin was 75.0%, down 0.6 points from Q3 2025. Operating profit was $18.1M, a 12.6% margin (down 0.3 points year over year). Of the extra revenue versus Q3 2025, 11% reached operating profit, below the 13% margin then. Operating expenses grew 12% against revenue growth of 13%. The fastest-growing cost line was Other operating costs (+19%). Net earnings were $12.2M ($9.0M including minority interests, which bore $3.2M of losses). The effective tax rate was -12.4%.
Operating cash flow was $59.5M (up 46% year over year), 660% of net income including minority interests. Non-cash charges added back $5.2M of depreciation and amortization and $11.4M of share-based compensation. Working capital and other items added $33.9M. Capital expenditures of $367K left free cash flow of $59.2M.
Questions
What was Porch Group's revenue in the third quarter 2026?
Porch Group (PRCH) reported revenue of $144M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +2% from the quarter before.
Was Porch Group profitable in the third quarter 2026?
Operating profit was $18.1M (12.6% of revenue) and net earnings $12.2M.
Source: Porch Group 10-Q on SEC EDGAR.