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Side-by-side financial comparison of iRhythm Holdings, Inc. (IRTC) and Porch Group, Inc. (PRCH). Click either name above to swap in a different company.
iRhythm Holdings, Inc. is the larger business by last-quarter revenue ($208.9M vs $121.1M, roughly 1.7× Porch Group, Inc.). iRhythm Holdings, Inc. runs the higher net margin — 2.7% vs -3.9%, a 6.6% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs 27.1%). Over the past eight quarters, Porch Group, Inc.'s revenue compounded faster (26.4% CAGR vs 25.8%).
iRhythm Holdings is a digital healthcare company focused on cardiac care, developing and commercializing wearable ambulatory heart monitoring devices paired with AI-powered analytical tools. It primarily serves healthcare providers and patients across the United States, helping to detect undiagnosed arrhythmias such as atrial fibrillation through convenient long-term heart rhythm tracking that delivers actionable clinical insights.
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.
IRTC vs PRCH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $208.9M | $121.1M |
| Net Profit | $5.6M | $-4.7M |
| Gross Margin | 70.9% | 52.7% |
| Operating Margin | 1.1% | 34.7% |
| Net Margin | 2.7% | -3.9% |
| Revenue YoY | 27.1% | 100.0% |
| Net Profit YoY | 518.5% | 2.0% |
| EPS (diluted) | $0.18 | $-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 | $208.9M | $112.3M | ||
| Q3 25 | $192.9M | $115.1M | ||
| Q2 25 | $186.7M | $107.0M | ||
| Q1 25 | $158.7M | $84.5M | ||
| Q4 24 | $164.3M | $75.3M | ||
| Q3 24 | $147.5M | $77.7M | ||
| Q2 24 | $148.0M | $75.9M |
| Q1 26 | — | $-4.7M | ||
| Q4 25 | $5.6M | $-3.5M | ||
| Q3 25 | $-5.2M | $-10.9M | ||
| Q2 25 | $-14.2M | $2.6M | ||
| Q1 25 | $-30.7M | $8.4M | ||
| Q4 24 | $-1.3M | $30.5M | ||
| Q3 24 | $-46.2M | $14.4M | ||
| Q2 24 | $-20.1M | $-64.3M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | 70.9% | 99.5% | ||
| Q3 25 | 71.1% | 75.6% | ||
| Q2 25 | 71.2% | 70.9% | ||
| Q1 25 | 68.8% | 77.4% | ||
| Q4 24 | 70.0% | — | ||
| Q3 24 | 68.8% | 79.4% | ||
| Q2 24 | 69.9% | 22.1% |
| Q1 26 | — | 34.7% | ||
| Q4 25 | 1.1% | 14.7% | ||
| Q3 25 | -4.4% | 14.2% | ||
| Q2 25 | -10.0% | 4.7% | ||
| Q1 25 | -20.5% | -1.5% | ||
| Q4 24 | -2.5% | 33.3% | ||
| Q3 24 | -34.1% | -3.2% | ||
| Q2 24 | -15.5% | -69.2% |
| Q1 26 | — | -3.9% | ||
| Q4 25 | 2.7% | -3.1% | ||
| Q3 25 | -2.7% | -9.4% | ||
| Q2 25 | -7.6% | 2.4% | ||
| Q1 25 | -19.3% | 9.9% | ||
| Q4 24 | -0.8% | 40.5% | ||
| Q3 24 | -31.3% | 18.5% | ||
| Q2 24 | -13.6% | -84.8% |
| Q1 26 | — | $-0.04 | ||
| Q4 25 | $0.18 | $0.00 | ||
| Q3 25 | $-0.16 | $-0.10 | ||
| Q2 25 | $-0.44 | $0.00 | ||
| Q1 25 | $-0.97 | $0.07 | ||
| Q4 24 | $-0.03 | $0.34 | ||
| Q3 24 | $-1.48 | $0.12 | ||
| Q2 24 | $-0.65 | $-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 | $583.8M | $68.4M |
| Total DebtLower is stronger | — | $391.3M |
| Stockholders' EquityBook value | $152.7M | $26.3M |
| Total Assets | $1.0B | $806.6M |
| Debt / EquityLower = less leverage | — | 14.87× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $68.4M | ||
| Q4 25 | $583.8M | $57.3M | ||
| Q3 25 | $565.2M | $85.0M | ||
| Q2 25 | $545.5M | $79.8M | ||
| Q1 25 | $520.6M | $70.4M | ||
| Q4 24 | $535.6M | $191.7M | ||
| Q3 24 | $522.0M | $238.6M | ||
| Q2 24 | $561.5M | $308.4M |
| Q1 26 | — | $391.3M | ||
| Q4 25 | — | $392.8M | ||
| Q3 25 | — | $387.1M | ||
| Q2 25 | — | $394.1M | ||
| Q1 25 | — | $409.2M | ||
| Q4 24 | — | $403.9M | ||
| Q3 24 | — | $399.0M | ||
| Q2 24 | — | $436.8M |
| Q1 26 | — | $26.3M | ||
| Q4 25 | $152.7M | $-24.6M | ||
| Q3 25 | $121.9M | $-27.9M | ||
| Q2 25 | $103.7M | $-29.3M | ||
| Q1 25 | $86.7M | $-52.4M | ||
| Q4 24 | $90.9M | $-43.2M | ||
| Q3 24 | $71.8M | $-77.0M | ||
| Q2 24 | $99.2M | $-101.9M |
| Q1 26 | — | $806.6M | ||
| Q4 25 | $1.0B | $797.4M | ||
| Q3 25 | $995.2M | $787.7M | ||
| Q2 25 | $964.0M | $770.7M | ||
| Q1 25 | $926.1M | $802.3M | ||
| Q4 24 | $931.4M | $814.0M | ||
| Q3 24 | $909.7M | $867.3M | ||
| Q2 24 | $919.2M | $876.1M |
| Q1 26 | — | 14.87× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $26.2M | — |
| Free Cash FlowOCF − Capex | $14.5M | — |
| FCF MarginFCF / Revenue | 6.9% | — |
| Capex IntensityCapex / Revenue | 5.6% | — |
| Cash ConversionOCF / Net Profit | 4.70× | — |
| TTM Free Cash FlowTrailing 4 quarters | $34.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $26.2M | $1.2M | ||
| Q3 25 | $34.9M | $40.8M | ||
| Q2 25 | $27.7M | $35.6M | ||
| Q1 25 | $-7.9M | $-11.2M | ||
| Q4 24 | $19.2M | $-26.6M | ||
| Q3 24 | $24.3M | $12.4M | ||
| Q2 24 | $11.8M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | $14.5M | $1.1M | ||
| Q3 25 | $20.1M | $40.7M | ||
| Q2 25 | $17.3M | $35.4M | ||
| Q1 25 | $-17.3M | $-11.2M | ||
| Q4 24 | $12.4M | $-26.8M | ||
| Q3 24 | $15.5M | $12.2M | ||
| Q2 24 | $3.4M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | 6.9% | 1.0% | ||
| Q3 25 | 10.4% | 35.4% | ||
| Q2 25 | 9.3% | 33.0% | ||
| Q1 25 | -10.9% | -13.3% | ||
| Q4 24 | 7.5% | -35.6% | ||
| Q3 24 | 10.5% | 15.7% | ||
| Q2 24 | 2.3% | -34.3% |
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 0.1% | ||
| Q3 25 | 7.7% | 0.1% | ||
| Q2 25 | 5.6% | 0.2% | ||
| Q1 25 | 5.9% | 0.1% | ||
| Q4 24 | 4.2% | 0.3% | ||
| Q3 24 | 6.0% | 0.3% | ||
| Q2 24 | 5.7% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 4.70× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 13.79× | ||
| Q1 25 | — | -1.33× | ||
| Q4 24 | — | -0.87× | ||
| Q3 24 | — | 0.86× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IRTC
| Commercial Payors | $111.7M | 53% |
| Centers For Medicare And Medicaid | $49.2M | 24% |
| Healthcare Institutions | $34.3M | 16% |
| Non Contracted Third Party Payors | $13.7M | 7% |
PRCH
Segment breakdown not available.
