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Porch Group (PRCH) Revenue & Revenue Breakdown

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Porch Group Revenue Highlights

Latest Revenue (Y)

$430.30M

Latest Revenue (Q)

$111.20M

Main Segment (Y)

Insurance

Porch Group Revenue by Period

Porch Group Revenue by Year

DateRevenueChange
2023-12-31-55.94%
2022-12-31-43.40%
2021-12-31-162.83%
2020-12-31--5.64%
2019-12-31--

Porch Group generated $430.30M in revenue during NA 2023, up 55.94% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Porch Group Revenue by Quarter

DateRevenueChange
2024-09-30-0.32%
2024-06-30--3.98%
2024-03-31-0.73%
2023-12-31--11.53%
2023-09-30-31.18%
2023-06-30-13.04%
2023-03-31-36.27%
2022-12-31--17.12%
2022-09-30-9.30%
2022-06-30-13.12%
2022-03-31-21.29%
2021-12-31--17.82%
2021-09-30-22.26%
2021-06-30-91.98%
2021-03-31-37.05%
2020-12-31--9.27%
2020-09-30-25.61%
2020-06-30-13.59%
2020-03-31--17.82%
2019-12-31--15.46%
2019-09-30-15.54%
2019-06-30--
2019-03-31--

Porch Group generated $111.20M in revenue during Q3 2024, up 0.32% compared to the previous quarter, and up 112.59% compared to the same period a year ago.

Porch Group Revenue Breakdown

Porch Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Vertical Software----
Insurance----
Software subscription revenue----
Core services revenue----
Managed services revenue----
Software Subscription----
Referral Network----
Management Service----

Porch Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Insurance (70.92%), and Vertical Software (29.08%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Insurance--------------
Vertical Software--------------
Software and service subscriptions--------------
Move-related transactions (excluding insurance)--------------
Post-move transactions--------------
Core services revenue--------------
Managed services revenue--------------
Software and service subscription revenue--------------
Service--------------
Software And Service Subscription--------------
Management Service--------------
Referral Network--------------

Porch Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Insurance (71.90%), and Vertical Software (28.10%).

Porch Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PCORProcore--
PYCRPaycor HCM--
PRCHPorch Group--
MLMoneyLion--
CWANClearwater Analytics--
ALKTAlkami--
GRNDGrindr--
SMRTSmartRent--
VTEXVTEX--
NRDYNerdy--
ENFNEnfusion--
ONTFON24--
BLNDBlend Labs--
EXFYExpensify--
LAWCS Disco--
PETWag! Group--

PRCH Revenue FAQ

What is Porch Group’s yearly revenue?

Porch Group's yearly revenue for 2023 was $430.3M, representing an increase of 55.94% compared to 2022. The company's yearly revenue for 2022 was $275.95M, representing an increase of 43.40% compared to 2021. PRCH's yearly revenue for 2021 was $192.43M, representing an increase of 162.83% compared to 2020.

What is Porch Group’s quarterly revenue?

Porch Group's quarterly revenue for Q3 2024 was $111.2M, a 0.32% increase from the previous quarter (Q2 2024), and a -14.17% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $110.84M, a -3.98% decrease from the previous quarter (Q1 2024), and a 12.23% increase year-over-year (Q2 2023). PRCH's quarterly revenue for Q1 2024 was $115.44M, a 0.73% increase from the previous quarter (Q4 2023), and a 32.13% increase year-over-year (Q1 2023).

What is Porch Group’s revenue growth rate?

Porch Group's revenue growth rate for the last 3 years (2021-2023) was 123.61%, and for the last 5 years (2019-2023) was 454.55%.

What are Porch Group’s revenue streams?

Porch Group's revenue streams in c 23 are Vertical Software, and Insurance. Vertical Software generated $125.12M in revenue, accounting 29.08% of the company's total revenue, down -19.24% year-over-year. Insurance generated $305.19M in revenue, accounting 70.92% of the company's total revenue, up 152.15% year-over-year.

What is Porch Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Porch Group was Insurance. This segment made a revenue of $305.19M, representing 70.92% of the company's total revenue.