Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Porch Group, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
77.6
72.3
192
276
430
438
482
Cost of revenue
21.5
17.6
58.7
108
229
236
142
Gross profit
56.1
54.7
134
168
201
202
340
Selling and marketing
56.2
41.7
84.3
114
144
123
140
General and administrative
52
28.2
84.7
110
101
95.2
105
Operating income
-88.1
-42.2
-83.4
-177
-190
-64.6
36.6
Interest expense
7.13
14.7
5.76
8.72
31.8
42.5
51.6
Interest income
0.03
0.72
3.9
1.75
1.65
Other non-operating income
-15.1
-13.5
-33.5
21.3
57
33.9
-9.84
Pre-tax income
-103
-55.7
-117
-156
-133
-30.7
26.7
Income tax
0.1
-1.69
-10.3
0.84
0.62
2.12
11.4
Net income to minority interests
0
18.7
Net income
-103
-54
-107
-157
-134
-32.8
-3.36
EBITDA
-80.7
-35.6
-67
-149
-166
-39
61
EPS, basic
-3.31
-1.96
-1.14
-1.61
-1.39
-0.33
-0.03
EPS, diluted
-3.31
-2.03
-1.14
-1.61
-1.39
-0.33
-0.03
Shares, basic (weighted)
31.2
36.3
93.9
97.4
96.1
99.6
104
Shares, diluted (weighted)
31.2
36.4
93.9
97.4
96.1
99.6
104
Balance sheet
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
4.18
196
316
215
258
168
44.7
Short-term investments
9.25
36.5
35.6
24.1
12.6
Receivables
4.71
4.27
28.8
26.4
24.3
19.1
11.3
Other current assets
1.29
4.08
14.3
11.3
13.2
6.9
4.67
Total current assets
10.2
216
605
611
481
365
88.2
Property, plant and equipment
6.66
4.59
6.67
12.2
16.9
22.5
27.6
Lease right-of-use assets
4.5
4.2
3.21
2.21
1.78
Goodwill
18.3
28.3
226
245
192
192
192
Intangible assets
9.83
16
130
108
87.2
68.7
30.5
Long-term investments
58.3
55.1
104
159
55.4
Other non-current assets
0.53
0.38
0.68
5.85
18.7
6.99
6.54
Total assets
48.5
268
1,039
1,049
899
814
797
Accounts payable
4.81
9.2
6.97
6.27
8.76
4.54
4.05
Accrued liabilities
0.03
15.3
15.1
Deferred revenue
3.33
5.21
201
271
249
249
4.55
Short-term debt
20.5
4.75
0.15
16.5
0.24
0.15
7.77
Total current liabilities
57.5
31.7
363
516
462
414
67.8
Long-term debt
40.7
43.2
415
425
435
404
385
Lease liabilities
2.69
2.54
1.63
1.41
1.15
Other non-current liabilities
7.22
3.8
12.2
28.8
37.4
39.2
15
Total liabilities
108
161
822
970
935
857
775
Total debt
49.5
48
415
442
436
404
393
Paid-in capital
203
425
641
671
690
717
623
Retained earnings
-263
-318
-424
-585
-722
-755
-648
Other comprehensive income
-0.26
-6.17
-3.86
-5.45
0.64
Shareholders' equity
-60
107
217
79.4
-35.7
-43.2
-24.6
Minority interests
0
47
Total equity
-60
107
217
79.4
-35.7
-43.2
22.4
Total liabilities and equity
48.5
268
1,039
1,049
899
814
797
Shares outstanding
34.2
81.7
98
98.5
97.1
120
124
Cash flow statement
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-103
-54
-107
-157
-134
-32.8
15.3
Depreciation and amortization
7.38
6.64
16.4
27.9
24.4
25.5
24.5
Stock-based compensation
36
11.3
38.6
27
20.7
27.2
29
Deferred income tax
0.03
-0.03
0.22
1.34
0.63
Change in receivables
-1.84
0.2
-2.91
-4.89
1.03
-0.16
-5.49
Change in payables
2.36
4.09
-11.8
-0.7
2.49
-4.22
-0.16
Cash from operations
-29.3
-48.7
-34.8
-17.7
33.9
-31.7
66.4
Capital expenditures
-0.48
-0.28
-0.97
-2.35
-0.85
-0.52
-0.45
Acquisitions
0.12
-7.79
-256
-38.6
-1.97
0
0
Purchases of investments
-24
-52.5
-91
-111
Sales and maturities of investments
21.7
21.9
46.8
67.8
89.6
Cash from investing
-5.21
-10.7
-263
-79.7
-56.3
-45.1
-71.9
Debt issued
31.3
66.2
414
10
117
0
51
Debt repaid
-0.2
-81.6
-47
-5.15
-10.2
-23.4
-68.2
Stock issued
0.11
0.91
4.29
Share buybacks
-0.04
0
-1.81
-5.61
0
0
Dividends paid
-30
Cash from financing
34.5
260
416
1.23
91
-23.7
-22.2
Net change in cash
-0.06
200
117
-96.2
68.6
-100
-27.7
Free cash flow
-29.8
-48.9
-35.7
-20.1
33.1
-32.2
66
Interest paid
3.47
9.1
2.66
3.51
12.2
23.8
29
Income taxes paid
0
-0.67
-2.29
0.62
0.56
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2026; growth uses fiscal years. Valuation uses the share price of $20.93 on November 10, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
72.1%
Gross profit / revenue.
Operating margin
8.0%
Operating income / revenue.
EBITDA margin
13.3%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
1.8%
Pre-tax income / revenue.
Net margin
1.8%
Net income / revenue.
FCF margin
21.5%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
21.7%
Cash from operations / revenue.
Effective tax rate
88.6%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
127.2%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
1.1%
Net income / average total assets.
Return on invested capital (ROIC)
18.4%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue
6.7%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.2%
Capital expenditures / revenue.
D&A / revenue
5.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
10.2%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
20.5%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
46.2%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
68.4%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
26.4%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y
44.1%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-2.0%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-8.7%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
24.3%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
4.1%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
2.1%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
23.3%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.46x
Current assets / current liabilities.
Quick ratio
2.86x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
2.86x
(Cash + short-term investments) / current liabilities.
Debt / equity
53.6x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
46.7%
Total debt / total assets.
Liabilities / assets
96.6%
Total liabilities / total assets.
Net debt
$173.7M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA
2.47x
Net debt / EBITDA (twelve months), when EBITDA is positive.
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
0.9%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.08
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$4.20
Revenue / diluted weighted shares.
FCF per share
$0.90
Free cash flow / diluted weighted shares.
Operating cash flow per share
$0.91
Cash from operations / diluted weighted shares.
Book value per share
$0.06
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Share buybacks / free cash flow, when free cash flow is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$2.76B
Share price x shares outstanding.
Enterprise value
$2.93B
Market cap + total debt - cash - short-term investments.
P/E
287x
Market cap / net income. Only when net income is positive.
P/S
5.20x
Market cap / revenue.
P/B
366x
Market cap / shareholders' equity. Only when equity is positive.
P/FCF
24.2x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
24.0x
Market cap / cash from operations, when positive.
EV/Sales
5.53x
Enterprise value / revenue.
EV/EBIT
69.4x
Enterprise value / operating income, when both are positive.
EV/EBITDA
41.7x
Enterprise value / EBITDA, when both are positive.
EV/FCF
25.7x
Enterprise value / free cash flow, when both are positive.
FCF yield
4.1%
Free cash flow / market cap.
Earnings yield
0.3%
Net income / market cap (the inverse of P/E).
Shareholder yield
0.1%
(Dividends paid + share buybacks) / market cap.
What was Porch Group, Inc.'s revenue in fiscal 2025?
Porch Group, Inc. reported revenue of $482.4M for fiscal 2025, 10.2% higher than the year before.
Was Porch Group, Inc. profitable in fiscal 2025?
No. It reported a net loss of $3.4M.
How much free cash flow did Porch Group, Inc. generate in fiscal 2025?
Cash from operations of $66.4M minus capital expenditures of $454.0K left free cash flow of $66.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.