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Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and Porch Group, Inc. (PRCH). Click either name above to swap in a different company.
AMERICAN STATES WATER CO is the larger business by last-quarter revenue ($164.3M vs $121.1M, roughly 1.4× Porch Group, Inc.). AMERICAN STATES WATER CO runs the higher net margin — 17.5% vs -3.9%, a 21.4% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs 14.8%). Over the past eight quarters, Porch Group, Inc.'s revenue compounded faster (26.4% CAGR vs 10.2%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
Porch is a website that tries to connect homeowners with local home improvement contractors. The site features advice articles, cost guide, and online booking for over 160 home projects.
AWR vs PRCH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $121.1M |
| Net Profit | $28.7M | $-4.7M |
| Gross Margin | 88.9% | 52.7% |
| Operating Margin | 27.4% | 34.7% |
| Net Margin | 17.5% | -3.9% |
| Revenue YoY | 14.8% | 100.0% |
| Net Profit YoY | 1.1% | 2.0% |
| EPS (diluted) | $0.74 | $-0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $121.1M | ||
| Q4 25 | $164.3M | $112.3M | ||
| Q3 25 | $182.7M | $115.1M | ||
| Q2 25 | $163.1M | $107.0M | ||
| Q1 25 | $148.0M | $84.5M | ||
| Q4 24 | $143.1M | $75.3M | ||
| Q3 24 | $161.8M | $77.7M | ||
| Q2 24 | $155.3M | $75.9M |
| Q1 26 | — | $-4.7M | ||
| Q4 25 | $28.7M | $-3.5M | ||
| Q3 25 | $41.2M | $-10.9M | ||
| Q2 25 | $33.7M | $2.6M | ||
| Q1 25 | $26.8M | $8.4M | ||
| Q4 24 | $28.4M | $30.5M | ||
| Q3 24 | $35.8M | $14.4M | ||
| Q2 24 | $31.9M | $-64.3M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | 88.9% | 99.5% | ||
| Q3 25 | 91.0% | 75.6% | ||
| Q2 25 | 92.1% | 70.9% | ||
| Q1 25 | 91.3% | 77.4% | ||
| Q4 24 | 92.4% | — | ||
| Q3 24 | 92.7% | 79.4% | ||
| Q2 24 | 89.6% | 22.1% |
| Q1 26 | — | 34.7% | ||
| Q4 25 | 27.4% | 14.7% | ||
| Q3 25 | 33.8% | 14.2% | ||
| Q2 25 | 31.3% | 4.7% | ||
| Q1 25 | 30.8% | -1.5% | ||
| Q4 24 | 27.0% | 33.3% | ||
| Q3 24 | 34.0% | -3.2% | ||
| Q2 24 | 33.3% | -69.2% |
| Q1 26 | — | -3.9% | ||
| Q4 25 | 17.5% | -3.1% | ||
| Q3 25 | 22.5% | -9.4% | ||
| Q2 25 | 20.7% | 2.4% | ||
| Q1 25 | 18.1% | 9.9% | ||
| Q4 24 | 19.9% | 40.5% | ||
| Q3 24 | 22.1% | 18.5% | ||
| Q2 24 | 20.5% | -84.8% |
| Q1 26 | — | $-0.04 | ||
| Q4 25 | $0.74 | $0.00 | ||
| Q3 25 | $1.06 | $-0.10 | ||
| Q2 25 | $0.87 | $0.00 | ||
| Q1 25 | $0.70 | $0.07 | ||
| Q4 24 | $0.75 | $0.34 | ||
| Q3 24 | $0.95 | $0.12 | ||
| Q2 24 | $0.85 | $-0.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.8M | $68.4M |
| Total DebtLower is stronger | $782.7M | $391.3M |
| Stockholders' EquityBook value | $1.0B | $26.3M |
| Total Assets | $2.7B | $806.6M |
| Debt / EquityLower = less leverage | 0.75× | 14.87× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $68.4M | ||
| Q4 25 | $18.8M | $57.3M | ||
| Q3 25 | $26.1M | $85.0M | ||
| Q2 25 | $20.2M | $79.8M | ||
| Q1 25 | $21.2M | $70.4M | ||
| Q4 24 | $26.7M | $191.7M | ||
| Q3 24 | $16.5M | $238.6M | ||
| Q2 24 | $3.6M | $308.4M |
| Q1 26 | — | $391.3M | ||
| Q4 25 | $782.7M | $392.8M | ||
| Q3 25 | — | $387.1M | ||
| Q2 25 | — | $394.1M | ||
| Q1 25 | — | $409.2M | ||
| Q4 24 | $640.4M | $403.9M | ||
| Q3 24 | — | $399.0M | ||
| Q2 24 | — | $436.8M |
| Q1 26 | — | $26.3M | ||
| Q4 25 | $1.0B | $-24.6M | ||
| Q3 25 | $1.0B | $-27.9M | ||
| Q2 25 | $972.5M | $-29.3M | ||
| Q1 25 | $956.4M | $-52.4M | ||
| Q4 24 | $920.1M | $-43.2M | ||
| Q3 24 | $879.5M | $-77.0M | ||
| Q2 24 | $833.5M | $-101.9M |
| Q1 26 | — | $806.6M | ||
| Q4 25 | $2.7B | $797.4M | ||
| Q3 25 | $2.7B | $787.7M | ||
| Q2 25 | $2.6B | $770.7M | ||
| Q1 25 | $2.5B | $802.3M | ||
| Q4 24 | $2.5B | $814.0M | ||
| Q3 24 | $2.4B | $867.3M | ||
| Q2 24 | $2.3B | $876.1M |
| Q1 26 | — | 14.87× | ||
| Q4 25 | 0.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.7M | — |
| Free Cash FlowOCF − Capex | $-36.0M | — |
| FCF MarginFCF / Revenue | -21.9% | — |
| Capex IntensityCapex / Revenue | 38.8% | — |
| Cash ConversionOCF / Net Profit | 0.96× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-7.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $27.7M | $1.2M | ||
| Q3 25 | $92.4M | $40.8M | ||
| Q2 25 | $64.6M | $35.6M | ||
| Q1 25 | $45.1M | $-11.2M | ||
| Q4 24 | $64.5M | $-26.6M | ||
| Q3 24 | $63.7M | $12.4M | ||
| Q2 24 | $24.7M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-36.0M | $1.1M | ||
| Q3 25 | $37.7M | $40.7M | ||
| Q2 25 | $13.7M | $35.4M | ||
| Q1 25 | $-22.5M | $-11.2M | ||
| Q4 24 | $6.0M | $-26.8M | ||
| Q3 24 | $-478.0K | $12.2M | ||
| Q2 24 | $-37.0M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | -21.9% | 1.0% | ||
| Q3 25 | 20.7% | 35.4% | ||
| Q2 25 | 8.4% | 33.0% | ||
| Q1 25 | -15.2% | -13.3% | ||
| Q4 24 | 4.2% | -35.6% | ||
| Q3 24 | -0.3% | 15.7% | ||
| Q2 24 | -23.8% | -34.3% |
| Q1 26 | — | — | ||
| Q4 25 | 38.8% | 0.1% | ||
| Q3 25 | 29.9% | 0.1% | ||
| Q2 25 | 31.2% | 0.2% | ||
| Q1 25 | 45.6% | 0.1% | ||
| Q4 24 | 40.9% | 0.3% | ||
| Q3 24 | 39.7% | 0.3% | ||
| Q2 24 | 39.8% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | — | ||
| Q3 25 | 2.24× | — | ||
| Q2 25 | 1.92× | 13.79× | ||
| Q1 25 | 1.68× | -1.33× | ||
| Q4 24 | 2.27× | -0.87× | ||
| Q3 24 | 1.78× | 0.86× | ||
| Q2 24 | 0.78× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AWR
| Water Service Utility Operations | $110.0M | 67% |
| Public Utilities Inventory Water | $22.3M | 14% |
| Wastewater | $15.9M | 10% |
| Electric Service Utility Operations | $15.2M | 9% |
PRCH
Segment breakdown not available.
