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Side-by-side financial comparison of Leslie's, Inc. (LESL) and Porch Group, Inc. (PRCH). Click either name above to swap in a different company.
Leslie's, Inc. is the larger business by last-quarter revenue ($147.1M vs $121.1M, roughly 1.2× Porch Group, Inc.). Porch Group, Inc. runs the higher net margin — -3.9% vs -56.4%, a 52.5% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs -16.0%). Over the past eight quarters, Porch Group, Inc.'s revenue compounded faster (26.4% CAGR vs -11.7%).
Leslie's, Inc., operating as Leslie's Swimming Pool Supplies, is the largest retailer of swimming pool supplies and related products. The company is headquartered in Phoenix, Arizona, and has a particularly strong retail presence in Arizona, California, Florida, Georgia and Texas.
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.
LESL vs PRCH — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $147.1M | $121.1M |
| Net Profit | $-83.0M | $-4.7M |
| Gross Margin | 18.4% | 52.7% |
| Operating Margin | -46.7% | 34.7% |
| Net Margin | -56.4% | -3.9% |
| Revenue YoY | -16.0% | 100.0% |
| Net Profit YoY | -86.2% | 2.0% |
| EPS (diluted) | $-8.92 | $-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 | $147.1M | $121.1M | ||
| Q4 25 | $389.2M | $112.3M | ||
| Q3 25 | — | $115.1M | ||
| Q2 25 | $500.3M | $107.0M | ||
| Q1 25 | $177.1M | $84.5M | ||
| Q4 24 | $175.2M | $75.3M | ||
| Q3 24 | $397.9M | $77.7M | ||
| Q2 24 | $569.6M | $75.9M |
| Q1 26 | $-83.0M | $-4.7M | ||
| Q4 25 | $-162.8M | $-3.5M | ||
| Q3 25 | — | $-10.9M | ||
| Q2 25 | $21.7M | $2.6M | ||
| Q1 25 | $-51.3M | $8.4M | ||
| Q4 24 | $-44.6M | $30.5M | ||
| Q3 24 | $-9.9M | $14.4M | ||
| Q2 24 | $60.6M | $-64.3M |
| Q1 26 | 18.4% | 52.7% | ||
| Q4 25 | 38.6% | 99.5% | ||
| Q3 25 | — | 75.6% | ||
| Q2 25 | 39.6% | 70.9% | ||
| Q1 25 | 24.8% | 77.4% | ||
| Q4 24 | 27.2% | — | ||
| Q3 24 | 36.0% | 79.4% | ||
| Q2 24 | 40.2% | 22.1% |
| Q1 26 | -46.7% | 34.7% | ||
| Q4 25 | -38.6% | 14.7% | ||
| Q3 25 | — | 14.2% | ||
| Q2 25 | 13.7% | 4.7% | ||
| Q1 25 | -27.3% | -1.5% | ||
| Q4 24 | -22.7% | 33.3% | ||
| Q3 24 | 6.6% | -3.2% | ||
| Q2 24 | 17.2% | -69.2% |
| Q1 26 | -56.4% | -3.9% | ||
| Q4 25 | -41.8% | -3.1% | ||
| Q3 25 | — | -9.4% | ||
| Q2 25 | 4.3% | 2.4% | ||
| Q1 25 | -29.0% | 9.9% | ||
| Q4 24 | -25.4% | 40.5% | ||
| Q3 24 | -2.5% | 18.5% | ||
| Q2 24 | 10.6% | -84.8% |
| Q1 26 | $-8.92 | $-0.04 | ||
| Q4 25 | $-20.59 | $0.00 | ||
| Q3 25 | — | $-0.10 | ||
| Q2 25 | $0.12 | $0.00 | ||
| Q1 25 | $-0.28 | $0.07 | ||
| Q4 24 | $-4.82 | $0.34 | ||
| Q3 24 | $-2.46 | $0.12 | ||
| Q2 24 | $0.33 | $-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 | $3.6M | $68.4M |
| Total DebtLower is stronger | $781.6M | $391.3M |
| Stockholders' EquityBook value | $-489.9M | $26.3M |
| Total Assets | $649.4M | $806.6M |
| Debt / EquityLower = less leverage | — | 14.87× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.6M | $68.4M | ||
| Q4 25 | $64.3M | $57.3M | ||
| Q3 25 | — | $85.0M | ||
| Q2 25 | $42.7M | $79.8M | ||
| Q1 25 | $17.3M | $70.4M | ||
| Q4 24 | $11.6M | $191.7M | ||
| Q3 24 | $108.5M | $238.6M | ||
| Q2 24 | $74.4M | $308.4M |
| Q1 26 | $781.6M | $391.3M | ||
| Q4 25 | $756.6M | $392.8M | ||
| Q3 25 | — | $387.1M | ||
| Q2 25 | $776.6M | $394.1M | ||
| Q1 25 | $858.1M | $409.2M | ||
| Q4 24 | $796.6M | $403.9M | ||
| Q3 24 | $783.7M | $399.0M | ||
| Q2 24 | $783.7M | $436.8M |
| Q1 26 | $-489.9M | $26.3M | ||
| Q4 25 | $-408.0M | $-24.6M | ||
| Q3 25 | — | $-27.9M | ||
| Q2 25 | $-246.2M | $-29.3M | ||
| Q1 25 | $-269.5M | $-52.4M | ||
| Q4 24 | $-220.0M | $-43.2M | ||
| Q3 24 | $-177.1M | $-77.0M | ||
| Q2 24 | $-168.2M | $-101.9M |
| Q1 26 | $649.4M | $806.6M | ||
| Q4 25 | $741.5M | $797.4M | ||
| Q3 25 | — | $787.7M | ||
| Q2 25 | $989.5M | $770.7M | ||
| Q1 25 | $1.0B | $802.3M | ||
| Q4 24 | $967.0M | $814.0M | ||
| Q3 24 | $1.1B | $867.3M | ||
| Q2 24 | $1.1B | $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 | $-81.1M | — |
| Free Cash FlowOCF − Capex | $-85.5M | — |
| FCF MarginFCF / Revenue | -58.1% | — |
| Capex IntensityCapex / Revenue | 2.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $7.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-81.1M | — | ||
| Q4 25 | $48.2M | $1.2M | ||
| Q3 25 | — | $40.8M | ||
| Q2 25 | $114.9M | $35.6M | ||
| Q1 25 | $-49.2M | $-11.2M | ||
| Q4 24 | $-105.1M | $-26.6M | ||
| Q3 24 | $47.1M | $12.4M | ||
| Q2 24 | $175.5M | $-26.0M |
| Q1 26 | $-85.5M | — | ||
| Q4 25 | $41.8M | $1.1M | ||
| Q3 25 | — | $40.7M | ||
| Q2 25 | $107.1M | $35.4M | ||
| Q1 25 | $-55.8M | $-11.2M | ||
| Q4 24 | $-109.8M | $-26.8M | ||
| Q3 24 | $34.1M | $12.2M | ||
| Q2 24 | $165.2M | $-26.0M |
| Q1 26 | -58.1% | — | ||
| Q4 25 | 10.7% | 1.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | 21.4% | 33.0% | ||
| Q1 25 | -31.5% | -13.3% | ||
| Q4 24 | -62.6% | -35.6% | ||
| Q3 24 | 8.6% | 15.7% | ||
| Q2 24 | 29.0% | -34.3% |
| Q1 26 | 2.9% | — | ||
| Q4 25 | 1.7% | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | 1.6% | 0.2% | ||
| Q1 25 | 3.7% | 0.1% | ||
| Q4 24 | 2.7% | 0.3% | ||
| Q3 24 | 3.2% | 0.3% | ||
| Q2 24 | 1.8% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | 13.79× | ||
| Q1 25 | — | -1.33× | ||
| Q4 24 | — | -0.87× | ||
| Q3 24 | — | 0.86× | ||
| Q2 24 | 2.89× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
