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Porch Group (PRCH) Revenue & Revenue Breakdown

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Porch Group Revenue Highlights

Latest Revenue (Y)

$437.85M

Latest Revenue (Q)

$111.20M

Main Segment (Y)

Insurance

Porch Group Revenue by Period

Porch Group Revenue by Year

DateRevenueChange
2024-12-31$437.85M1.75%
2023-12-31$430.30M55.94%
2022-12-31$275.95M43.40%
2021-12-31$192.43M162.83%
2020-12-31$73.22M-5.64%
2019-12-31$77.59M43.33%
2018-12-31$54.14M-

Porch Group generated $437.85M in revenue during NA 2024, up 1.75% compared to the previous quarter, and up 564.27% compared to the same period a year ago.

Porch Group Revenue by Quarter

DateRevenueChange
2024-09-30$111.20M0.32%
2024-06-30$110.84M-3.98%
2024-03-31$115.44M0.73%
2023-12-31$114.61M-11.53%
2023-09-30$129.56M31.18%
2023-06-30$98.77M13.04%
2023-03-31$87.37M36.27%
2022-12-31$64.11M-17.12%
2022-09-30$77.35M9.30%
2022-06-30$70.77M13.12%
2022-03-31$62.56M21.29%
2021-12-31$51.58M-17.82%
2021-09-30$62.77M22.26%
2021-06-30$51.34M91.98%
2021-03-31$26.74M37.05%
2020-12-31$19.51M-9.27%
2020-09-30$21.51M25.61%
2020-06-30$17.12M13.59%
2020-03-31$15.07M-17.82%
2019-12-31$18.34M-15.46%
2019-09-30$21.70M15.54%
2019-06-30$18.78M-
2019-03-31$18.78M-

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 24Dec 23Dec 22Dec 21Dec 20
Vertical Software$120.61M$125.12M$154.91M--
Insurance$318.19M$305.19M$121.03M--
Core services revenue---$98.28M-
Managed services revenue---$37.15M-
Software subscription revenue---$57.00M-
Management Service----$11.77M
Referral Network----$53.44M
Software Subscription----$8.01M

Porch Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Insurance (72.51%), and Vertical Software (27.49%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Vertical Software$61.86M$31.25M$27.50M$27.73M$34.33M$34.44M$28.63M$32.95M$44.46M------
Insurance$150.29M$79.95M$87.95M$86.89M$95.23M$64.33M$58.74M$34.30M$30.90M------
Software and service subscriptions---------$20.54M$17.96M----
Post-move transactions---------$4.73M$4.53M----
Move-related transactions (excluding insurance)---------$17.54M$12.19M----
Core services revenue-----------$25.61M$32.95M--
Managed services revenue-----------$8.59M$14.25M--
Software and service subscription revenue------------$15.57M--
Service-------------$28.68M-
Management Service-------------$9.67M$4.64M
Software And Service Subscription-------------$12.99M$11.07M
Referral Network--------------$11.02M

Porch Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Insurance (70.84%), and Vertical Software (29.16%).

Porch Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PCORProcore$1.15B$295.88M
PYCRPaycor HCM$654.95M$180.44M
MLMoneyLion$545.90M$130.85M
CWANClearwater Analytics$451.80M$115.83M
PRCHPorch Group$437.85M$111.20M
GRNDGrindr$344.64M$89.33M
ALKTAlkami$333.85M$85.91M
ENFNEnfusion$201.61M$51.17M
VTEXVTEX$201.52M$52.65M
NRDYNerdy$190.23M$37.53M
SMRTSmartRent$174.88M$40.51M
BLNDBlend Labs$162.02M$40.48M
ONTFON24$148.08M$37.35M
LAWCS Disco$144.84M$36.27M
EXFYExpensify$139.24M$35.41M
PETWag! Group$70.51M$13.20M

PRCH Revenue FAQ

What is Porch Group’s yearly revenue?

Porch Group's yearly revenue for 2024 was $437.85M, representing an increase of 1.75% compared to 2023. The company's yearly revenue for 2023 was $430.3M, representing an increase of 55.94% compared to 2022. PRCH's yearly revenue for 2022 was $275.95M, representing an increase of 43.40% compared to 2021.

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 (2022-2024) was 58.67%, and for the last 5 years (2020-2024) was 498.02%.

What are Porch Group’s revenue streams?

Porch Group's revenue streams in c 24 are Vertical Software, and Insurance. Vertical Software generated $120.61M in revenue, accounting 27.49% of the company's total revenue, down -3.60% year-over-year. Insurance generated $318.19M in revenue, accounting 72.51% of the company's total revenue, up 4.26% year-over-year.

What is Porch Group’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Porch Group was Insurance. This segment made a revenue of $318.19M, representing 72.51% of the company's total revenue.