NASDAQ$PRCH
Porch Group Inc. · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported revenue of $62.8 million, a 192% increase year-over-year, and positive quarterly adjusted EBITDA for the first time as a public company.
Porch Group reported strong Q3 2021 financial results, with a 192% increase in revenue to $62.8 million and positive adjusted EBITDA of $873 thousand. The company increased its full-year 2021 revenue guidance to $195 million, representing 170% year-over-year growth.
- Total revenue for Q3 2021 was $62.8 million, up 192% from $21.5 million in Q3 2020.
- GAAP net loss for Q3 2021 totaled $5.1 million.
- Adjusted EBITDA for Q3 2021 totaled $873 thousand (1% of total revenue).
- Cash, cash equivalents, and restricted cash totaled $416 million as of September 30, 2021.
Headline financials
Revenue & EPS history
Porch · Revenue · Quarterly
$62.8M
Forward guidance
Porch increased its full year 2021 revenue guidance to $195 million, which would be 170% growth year-over-year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+8.3%
Avg return
Earnings day
+11.8%
Avg return
5 days after
+18.4%
Avg return
30 days after
67%
16 / 24 earnings
Positive
+74.1%
Q4 2024
Best reaction
-36.5%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.4% | +20.7% | +21.3% | |
| Q3 2025 | +1.0% | -4.3% | -11.9% | |
| Q1 2025 | +67.4% | +67.0% | +71.3% | |
| Q4 2024 | +74.1% | +82.6% | +95.0% | |
| Q3 2024 | +58.8% | +47.8% | +141.7% | |
| Q2 2024 | -32.4% | -26.0% | -26.0% | |
| Q1 2024 | +4.3% | -14.8% | -41.2% | |
| Q4 2023 | +22.0% | +26.3% | +44.7% | |
| Q3 2023 | +37.4% | +50.7% | +211.6% | |
| Q2 2023 | -9.5% | -12.7% | -36.3% | |
| Q1 2023 | +26.8% | +22.4% | +37.6% | |
| Q4 2022 | -25.5% | -32.6% | -27.2% | |
| Q3 2022 | -36.5% | -31.5% | +18.8% | |
| Q2 2022 | +9.9% | +21.8% | -3.1% | |
| Q1 2022 | +2.0% | +30.3% | -2.0% | |
| Q4 2021 | -20.9% | +15.8% | -19.9% | |
| Q3 2021 | +8.0% | +2.9% | -29.8% | |
| Q2 2021 | -9.9% | -17.1% | -0.2% | |
| Q1 2021 | +6.5% | +16.3% | +20.8% | |
| Q2 2020 | +7.3% | +5.0% | -20.7% | |
| Q4 2020 | +5.2% | +7.0% | -20.5% | |
| Q3 2020 | +0.9% | +0.2% | +11.3% | |
| Q1 2020 | +0.0% | +0.0% | -0.6% | |
| Q4 2019 | +1.5% | +4.2% | +6.4% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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