Porch (PRCH) Operating Leases (2021 - 2023)

Porch (PRCH) has reported Operating Leases for 3 consecutive years, with $1.9 million the latest figure, recorded in 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 slipped 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.
• Historically, Operating Leases has averaged $2.6 million across 3 years, with a median of $2.6 million in 2022.
• On a YoY basis, Operating Leases climbed as much as 14.03% in 2023 and fell as far as 41.0% in 2023.
• Porch's Operating Leases stood at $2.7 million in 2021, then dropped by 5.86% to $2.5 million in 2022, then declined by 25.2% to $1.9 million in 2023.
• Business Quant data shows PRCH's Operating Leases at $1.9 million in Q3 2023, $2.1 million in Q2 2023, and $2.6 million in Q1 2023.