Growth Metrics

Porch (PRCH) Operating Leases (2021 - 2023)

Porch (PRCH) reported Operating Leases of $1.9 million for Q3 2023, down 36.08% year-over-year from $3.0 million in Q3 2022, and down 11.23% on a QoQ basis from $2.1 million in Q2 2023.

Porch (PRCH) has 3 years of Operating Leases data on file, last reported at $1.9 million in Q3 2023.

  • Quarterly Operating Leases fell 36.08% year-over-year to $1.9 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $1.9 million (down 36.08% YoY) and the FY2022 annual result came in at $2.5 million, down 5.86% from the prior year.
  • Operating Leases fell to $1.9 million in Q3 2023 per PRCH's latest filing, from $2.1 million in the prior quarter.
  • Across five years, Operating Leases topped out at $3.6 million in Q2 2022 and bottomed at $1.9 million in Q3 2023.
  • The 3-year median for Operating Leases is $2.6 million (2022), against an average of $2.6 million.
  • Peak annual rise in Operating Leases reached 14.03% in 2023, while the deepest fall reached 41.0% in 2023.
  • Tracing PRCH's Operating Leases over 3 years: stood at $2.7 million in 2021, then retreated by 5.86% to $2.5 million in 2022, then decreased by 25.2% to $1.9 million in 2023.
  • Per Business Quant, the three latest PRCH Operating Leases figures stand at $1.9 million (Q3 2023), $2.1 million (Q2 2023), and $2.6 million (Q1 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn
10 Porch 1.01 Bn 882.19 Mn 90.85 Mn

Historic Data

Download Data 🔒
DateValue
Sep 30, 2023 1.90 Mn
Jun 30, 2023 2.14 Mn
Mar 31, 2023 2.59 Mn
Dec 31, 2022 2.54 Mn
Sep 30, 2022 2.97 Mn
Jun 30, 2022 3.62 Mn
Mar 31, 2022 2.27 Mn
Dec 31, 2021 2.69 Mn