Porch Group (Porch Group) Net Margin % : -11.57% (As of Mar. 2024)

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What is Porch Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Porch Group's Net Income for the three months ended in Mar. 2024 was $-13.4 Mil. Porch Group's Revenue for the three months ended in Mar. 2024 was $115.4 Mil. Therefore, Porch Group's net margin for the quarter that ended in Mar. 2024 was -11.57%.

The historical rank and industry rank for Porch Group's Net Margin % or its related term are showing as below:

PRCH' s Net Margin % Range Over the Past 10 Years
Min: -133.15 Med: -56.73 Max: -31.13
Current: -31.13

PRCH's Net Margin % is ranked worse than
78.42% of 2762 companies
in the Software industry
Industry Median: 1.715 vs PRCH: -31.13

Porch Group Net Margin % Historical Data

The historical data trend for Porch Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Porch Group Net Margin % Chart

Porch Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-133.15

-74.73

-55.40

-56.73

-31.13

Porch Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial													-44.34	-88.05	-4.43	-2.17	-11.57

Competitive Comparison of Porch Group's Net Margin %

For the Software - Application subindustry, Porch Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Porch Group's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Porch Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Porch Group's Net Margin % falls into.

Porch Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Porch Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-133.933	/	430.302
	=	-31.13 %

Porch Group's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-13.362	/	115.443
	=	-11.57 %

Porch Group (NAS:PRCH) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Porch Group Net Margin % Related Terms

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Porch Group (Porch Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Porch Group Inc (NAS:PRCH) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

32RD:Germany

Address

411 1st Avenue South, Suite 501, Seattle, WA, USA, 98104

Website

https://porch.com

Porch Group Inc is a vertical software company reinventing the home services and insurance industries. It has two reportable segments: The vertical Software segment provides software and services to home services companies. The Vertical Software segment has three types of customers: home services companies, such as home inspectors, mortgage companies, and loan officers, consumers, such as homebuyers and homeowners, and service providers, such as moving companies, security companies, and title companies, and The insurance segment offers various property-related insurance policies through its risk-bearing carrier, independent agency, and risk-bearing home warranty companies.

Executives

Camilla Velasquez	director	C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Rachel Lam	director	C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
Matt Ehrlichman	director, 10 percent owner, officer: CEO, Chairman and Founder	411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Park West Asset Management Llc	10 percent owner	1 LETTERMAN DRIVE, SUITE C5-900, SAN FRANCISCO CA 94129
Sean Davis Kell	director	411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Matthew Neagle	officer: Chief Operating Officer	411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Shawn Tabak	officer: Chief Financial Officer	23 BERENS DRIVE, KENTFIELD CA 94904
Amanda L Reierson	director	C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Martin L. Heimbigner	officer: Chief Financial Officer	110 - 110TH AVE., NE, SUITE 300, BELLEVUE WA 98004
Asha Sharma	director	2201 1ST AVENUE SOUTH, SUITE 300, SEATTLE WA 98134
Maurice Tulloch	director	411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Thomas D Hennessy	director	3485 N. PINES WAY SUITE 110, WILSON WY 83014
Regi Vengalil	director	411 1ST AVENUE SOUTH, SUITE 501, SEATTLE WA 98104
Javier Saade	director	2201 1ST AVENUE SOUTH, SUITE 300, SEATTLE WA 98134
Alan R Pickerill	director	C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104