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Porch (PRCH) Operating Leases (2021 - 2023)

Porch filings provide 3 years of Operating Leases readings, the most recent being $1.9 million for Q3 2023.

  • For the quarter ending Q3 2023, Operating Leases fell 36.08% year-over-year to $1.9 million, compared with a TTM value of $1.9 million through Sep 2023, down 36.08%, and an annual FY2022 reading of $2.5 million, down 5.86% over the prior year.
  • Operating Leases hit $1.9 million in Q3 2023 for 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.
  • Median Operating Leases over the past 3 years was $2.6 million (2022), compared with a mean of $2.6 million.
  • The largest YoY upside for Operating Leases was 14.03% in 2023 against a maximum downside of 41.0% in 2023.
  • Year by year, Operating Leases stood at $2.7 million in 2021, then dropped by 5.86% to $2.5 million in 2022, then decreased 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.