Porch (PRCH) Operating Leases (2021 - 2023)

Porch has disclosed Operating Leases across 3 years of filings, most recently posting $1.9 million for Q3 2023.

• In Q3 2023, Operating Leases fell 36.08% year-over-year to $1.9 million; the TTM figure through Sep 2023 stood at $1.9 million (down 36.08% YoY), while the FY2022 annual figure was $2.5 million, down 5.86% from the prior year.
• Operating Leases retreated to $1.9 million in Q3 2023, from $2.1 million in the prior quarter.
• Over the last five years, Operating Leases for PRCH reached as high as $3.6 million in Q2 2022 and fell as low as $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.
• The widest YoY moves for Operating Leases: up 14.03% in 2023, down 41.0% in 2023.
• A 3-year view of Operating Leases shows it stood at $2.7 million in 2021, then slipped by 5.86% to $2.5 million in 2022, then dropped by 25.2% to $1.9 million in 2023.
• According to Business Quant data, Operating Leases over the past three periods registered $1.9 million, $2.1 million, and $2.6 million for Q3 2023, Q2 2023, and Q1 2023 respectively.