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Porch (PRCH) Operating Leases (2021 - 2023)

Porch (PRCH) has disclosed Operating Leases for 3 consecutive years, with $1.9 million as the latest value for Q3 2023.

  • Quarterly Operating Leases fell 36.08% to $1.9 million in Q3 2023 from the year-ago period, while the trailing twelve-month figure was $1.9 million through Sep 2023, down 36.08% year-over-year, with the annual reading at $2.5 million for FY2022, 5.86% down from the prior year.
  • Operating Leases for Q3 2023 was $1.9 million at Porch, down from $2.1 million in the prior quarter.
  • The five-year high for Operating Leases was $3.6 million in Q2 2022, with the low at $1.9 million in Q3 2023.
  • Average Operating Leases over 3 years is $2.6 million, with a median of $2.6 million recorded in 2022.
  • Peak annual rise in Operating Leases hit 14.03% in 2023, while the deepest fall reached 41.0% in 2023.
  • Over 3 years, Operating Leases stood at $2.7 million in 2021, then decreased by 5.86% to $2.5 million in 2022, then fell by 25.2% to $1.9 million in 2023.
  • According to Business Quant data, Operating Leases over the past three periods came in at $1.9 million, $2.1 million, and $2.6 million for Q3 2023, Q2 2023, and Q1 2023 respectively.