Filing Flows › Porch Group (PRCH) › How it makes money
How Porch Group (PRCH) makes money
Porch Group (PRCH) made $144M of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. Reciprocal Segment brought in $94.2M (65%); Software & Data brought in $19.7M (14%); Consumer Services brought in $18.3M (13%). Of every dollar of revenue, 75¢ was left as gross profit, 13¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Reciprocal Segment | $94.2M | 65.5% | +2% | +20% |
| Software & Data | $19.7M | 13.7% | -5% | -10% |
| Consumer Services | $18.3M | 12.7% | +1% | -5% |
| Insurance Services | $11.7M | 8.2% | +17% | +54% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $144M | 100.0% |
| Cost of revenue | $36.0M | 25.0% |
| Gross profit | $108M | 75.0% |
| Operating expenses | $89.8M | 62.4% |
| Operating profit | $18.1M | 12.6% |
| Net earnings | $12.2M | 8.5% |
| Operating cash flow | $59.5M | 41.4% |
| Free cash flow | $59.2M | 41.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $144M | +13% |
| Q2 2026 | $141M | +12% |
| Q1 2026 | $121M | +16% |
| Q4 2025 | $124M | +24% |
| Q3 2025 | $118M | +6% |
| Q2 2025 | $119M | +8% |
| Q1 2025 | $105M | -9% |
From Porch Group's 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Porch Group make money?
Porch Group (PRCH) made $144M of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. Reciprocal Segment brought in $94.2M (65%); Software & Data brought in $19.7M (14%); Consumer Services brought in $18.3M (13%). Of every dollar of revenue, 75¢ was left as gross profit, 13¢ was left as operating profit, 8¢ was left as net earnings.
What is Porch Group's biggest business?
Reciprocal Segment: $94.2M in the third quarter 2026, 65% of revenue, +20% from a year earlier.
What is Porch Group's profit margin?
Net earnings were $12.2M, 8.5% of revenue, in the third quarter 2026; the operating margin was 12.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.