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| Date | Value |
|---|---|
| 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 |