Porch (PRCH) revenue breakdown
By segment, Reciprocal Segment is the largest at 37% of fiscal 2024 revenue; Insurance Services grew fastest, 25% a year over 1 years.
By product, Core services revenue is the largest at 51% of fiscal 2021 revenue; Software subscription revenue grew fastest, 202% a year over 2 years.
Revenue by segment
Fiscal years, as Porch reports them in its 10-K filings; fiscal 2024 total $497M.
| Segments | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Share |
|---|---|---|---|---|---|---|---|
| Reciprocal Segment | — | — | — | — | $156M | $182M | 37% |
| Insurance Services | — | — | — | — | $126M | $157M | 32% |
| Software & Data | — | — | — | — | $85M | $89M | 18% |
| Consumer Services | — | — | — | — | $78M | $69M | 14% |
| Vertical Software Segment Deferred Revenue | $59M | $64M | $137M | $155M | — | — | — |
| Insurance segment | — | $4M | $55M | $121M | — | — | — |
| Divested Businesses | $18M | — | — | — | — | — | — |
| Divested Businesses | — | $4M | — | — | — | — | — |
Revenue by product
Fiscal years, as Porch reports them in its 10-K filings; fiscal 2021 total $192M.
| Products | 2019 | 2020 | 2021 | Share |
|---|---|---|---|---|
| Core services revenue | $49M | $53M | $98M | 51% |
| Software subscription revenue | $6M | $8M | $57M | 30% |
| Managed services revenue | $22M | $12M | $37M | 19% |
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Where does Porch make its money?
In fiscal 2024, by segment: Reciprocal Segment $182M, Insurance Services $157M, Software & Data $89M, Consumer Services $69M.
From Porch's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.