For the quarter ending 2026-03-31, PRCH made $121,123K in revenue. -$4,713K in net income. Net profit margin of -3.89%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 121,123 | 140,292 | 118,082 | 119,295 |
| Cost of revenue | 30,275 | 28,570 | 31,135 | 43,422 |
| Gross profit | 90,848 | 111,722 | 86,947 | 75,873 |
| Selling and marketing | 40,064 | 53,024 | 30,180 | 26,858 |
| Product and technology | 13,031 | 13,661 | 13,379 | 13,076 |
| General and administrative | 25,938 | 23,260 | 27,053 | 30,890 |
| Provision for doubtful accounts | - | 5,325* | - | - |
| Impairment loss on intangible assets and goodwill | - | 0* | - | - |
| Operating income (loss) | 11,815 | 16,452 | 16,335 | 5,049 |
| Loss on extinguishment of debt | 0 | 0* | 361 | 34 |
| Interest expense | 14,606 | 14,307 | 13,963 | 12,056 |
| Change in fair value of earnout liability | - | 0* | - | - |
| Change in fair value of private warrant liability | 0 | -5,299 | 5,702 | 2,878 |
| Change in fair value of derivatives | 1,767 | -1,676 | 1,785 | 12,853 |
| Investment income and realized gains and losses, net of investment expenses | 3,398 | 3,207 | 2,989 | 2,665 |
| Other income, net | 1,367 | 2,621 | 1,535 | 1,493 |
| Total other income (expense) | -8,074 | -4,856 | -12,995 | 2,111 |
| Income (loss) before income taxes | 3,741 | 11,596 | 3,340 | 7,160 |
| Income tax benefit (provision) | 1,805 | 7,279 | 4,322 | -1,087 |
| Net income (loss) | 1,936 | 4,317 | -982 | 8,247 |
| Less net income attributable to the reciprocal | 6,649 | 7,795 | 9,875 | 5,668 |
| Net income (loss) attributable to porch | -4,713 | -3,478 | -10,857 | 2,579 |
| Basic EPS | -0.04 | -0.033 | -0.1 | 0.03 |
| Diluted EPS | -0.04 | -0.053 | -0.1 | 0 |
| Basic Average Shares | 106,073,000 | 105,588,000 | 104,301,000 | 103,160,000 |
| Diluted Average Shares | 106,073,000 | 65,468,000 | 104,301,000 | 131,679,000 |