Porch Group, Inc.PRCH

NasdaqFinanceAccident & Health Insurance
Price (close)
$16.47
Market cap
$2.2B
P/E
—
Revenue (TTM)
$520.4M
Net income
-$13.4M
Dividend yield
—
1-year total return
-5.3%
Net margin
-2.6%
Revenue growth
17.6%
Debt / equity
—

What Porch Group, Inc. does.

Porch Group, Inc., together with its consolidated subsidiaries, (“Porch,” the “Company,” “we,” “our,” “us”) is a new kind of homeowners insurance company—one designed to stand out in a massive and growing market of more than $100 billion. Our strategy is built on three differentiators that set us apart.

Leveraging unique property insights, we can assess risk with greater precision, enabling competitive pricing for low-risk customers and avoiding high-risk customers, while delivering superior underwriting performance.

We are committed to being the go-to partner during one of life’s most significant transitions—buying a home—by offering services that simplify moving and home setup.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$72.3M$192.4M$275.9M$430.3M$437.8M$482.4M
Net income-$54.0M-$106.6M-$156.6M-$133.9M-$32.8M-$3.4M
Free cash flow-$48.9M-$35.7M-$20.1M$33.1M-$32.2M$66.0M

More on PRCH.

Figures from Porch Group, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.