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Side-by-side financial comparison of National Healthcare Properties, Inc. (NHPAP) and Porch Group, Inc. (PRCH). Click either name above to swap in a different company.

Porch Group, Inc. is the larger business by last-quarter revenue ($121.1M vs $84.5M, roughly 1.4× National Healthcare Properties, Inc.). Porch Group, Inc. runs the higher net margin — -3.9% vs -27.0%, a 23.1% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs -3.7%). Over the past eight quarters, Porch Group, Inc.'s revenue compounded faster (26.4% CAGR vs -2.2%).

Primary Health Properties plc is a British real estate investment company headquartered in London, England. As of June 2025, the company owns and operates more than 500 primary healthcare facilities within the United Kingdom and Ireland. It is listed on the London Stock Exchange and is also a constituent of the FTSE 250 Index.

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.

NHPAP vs PRCH — Head-to-Head

Bigger by revenue
PRCH
PRCH
1.4× larger
PRCH
$121.1M
$84.5M
NHPAP
Growing faster (revenue YoY)
PRCH
PRCH
+103.7% gap
PRCH
100.0%
-3.7%
NHPAP
Higher net margin
PRCH
PRCH
23.1% more per $
PRCH
-3.9%
-27.0%
NHPAP
Faster 2-yr revenue CAGR
PRCH
PRCH
Annualised
PRCH
26.4%
-2.2%
NHPAP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NHPAP
NHPAP
PRCH
PRCH
Revenue
$84.5M
$121.1M
Net Profit
$-22.8M
$-4.7M
Gross Margin
36.5%
52.7%
Operating Margin
-7.8%
34.7%
Net Margin
-27.0%
-3.9%
Revenue YoY
-3.7%
100.0%
Net Profit YoY
-33.9%
2.0%
EPS (diluted)
$-0.92
$-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.

Revenue
NHPAP
NHPAP
PRCH
PRCH
Q1 26
$121.1M
Q4 25
$84.5M
$112.3M
Q3 25
$86.0M
$115.1M
Q2 25
$85.3M
$107.0M
Q1 25
$86.4M
$84.5M
Q4 24
$87.7M
$75.3M
Q3 24
$88.9M
$77.7M
Q2 24
$88.8M
$75.9M
Net Profit
NHPAP
NHPAP
PRCH
PRCH
Q1 26
$-4.7M
Q4 25
$-22.8M
$-3.5M
Q3 25
$-12.5M
$-10.9M
Q2 25
$-20.8M
$2.6M
Q1 25
$-1.5M
$8.4M
Q4 24
$-17.0M
$30.5M
Q3 24
$-40.8M
$14.4M
Q2 24
$-116.9M
$-64.3M
Gross Margin
NHPAP
NHPAP
PRCH
PRCH
Q1 26
52.7%
Q4 25
36.5%
99.5%
Q3 25
37.4%
75.6%
Q2 25
36.9%
70.9%
Q1 25
33.4%
77.4%
Q4 24
37.4%
Q3 24
36.6%
79.4%
Q2 24
38.1%
22.1%
Operating Margin
NHPAP
NHPAP
PRCH
PRCH
Q1 26
34.7%
Q4 25
-7.8%
14.7%
Q3 25
2.8%
14.2%
Q2 25
-6.5%
4.7%
Q1 25
15.1%
-1.5%
Q4 24
-1.2%
33.3%
Q3 24
-23.5%
-3.2%
Q2 24
-113.1%
-69.2%
Net Margin
NHPAP
NHPAP
PRCH
PRCH
Q1 26
-3.9%
Q4 25
-27.0%
-3.1%
Q3 25
-14.6%
-9.4%
Q2 25
-24.4%
2.4%
Q1 25
-1.8%
9.9%
Q4 24
-19.4%
40.5%
Q3 24
-45.8%
18.5%
Q2 24
-131.6%
-84.8%
EPS (diluted)
NHPAP
NHPAP
PRCH
PRCH
Q1 26
$-0.04
Q4 25
$-0.92
$0.00
Q3 25
$-0.56
$-0.10
Q2 25
$-0.85
$0.00
Q1 25
$-0.18
$0.07
Q4 24
$-0.72
$0.34
Q3 24
$-1.56
$0.12
Q2 24
$-4.24
$-0.65

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NHPAP
NHPAP
PRCH
PRCH
Cash + ST InvestmentsLiquidity on hand
$57.6M
$68.4M
Total DebtLower is stronger
$391.3M
Stockholders' EquityBook value
$600.1M
$26.3M
Total Assets
$1.7B
$806.6M
Debt / EquityLower = less leverage
14.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NHPAP
NHPAP
PRCH
PRCH
Q1 26
$68.4M
Q4 25
$57.6M
$57.3M
Q3 25
$47.1M
$85.0M
Q2 25
$47.1M
$79.8M
Q1 25
$71.4M
$70.4M
Q4 24
$21.7M
$191.7M
Q3 24
$32.9M
$238.6M
Q2 24
$29.5M
$308.4M
Total Debt
NHPAP
NHPAP
PRCH
PRCH
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
Stockholders' Equity
NHPAP
NHPAP
PRCH
PRCH
Q1 26
$26.3M
Q4 25
$600.1M
$-24.6M
Q3 25
$627.2M
$-27.9M
Q2 25
$647.0M
$-29.3M
Q1 25
$674.6M
$-52.4M
Q4 24
$684.6M
$-43.2M
Q3 24
$702.6M
$-77.0M
Q2 24
$756.7M
$-101.9M
Total Assets
NHPAP
NHPAP
PRCH
PRCH
Q1 26
$806.6M
Q4 25
$1.7B
$797.4M
Q3 25
$1.7B
$787.7M
Q2 25
$1.8B
$770.7M
Q1 25
$1.8B
$802.3M
Q4 24
$1.9B
$814.0M
Q3 24
$2.0B
$867.3M
Q2 24
$2.1B
$876.1M
Debt / Equity
NHPAP
NHPAP
PRCH
PRCH
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
NHPAP
NHPAP
PRCH
PRCH
Operating Cash FlowLast quarter
$7.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NHPAP
NHPAP
PRCH
PRCH
Q1 26
Q4 25
$7.0M
$1.2M
Q3 25
$10.2M
$40.8M
Q2 25
$8.1M
$35.6M
Q1 25
$-21.2M
$-11.2M
Q4 24
$-79.8M
$-26.6M
Q3 24
$-95.2M
$12.4M
Q2 24
$6.4M
$-26.0M
Free Cash Flow
NHPAP
NHPAP
PRCH
PRCH
Q1 26
Q4 25
$1.1M
Q3 25
$40.7M
Q2 25
$35.4M
Q1 25
$-11.2M
Q4 24
$-26.8M
Q3 24
$12.2M
Q2 24
$-26.0M
FCF Margin
NHPAP
NHPAP
PRCH
PRCH
Q1 26
Q4 25
1.0%
Q3 25
35.4%
Q2 25
33.0%
Q1 25
-13.3%
Q4 24
-35.6%
Q3 24
15.7%
Q2 24
-34.3%
Capex Intensity
NHPAP
NHPAP
PRCH
PRCH
Q1 26
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.2%
Q1 25
0.1%
Q4 24
0.3%
Q3 24
0.3%
Q2 24
0.1%
Cash Conversion
NHPAP
NHPAP
PRCH
PRCH
Q1 26
Q4 25
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

NHPAP
NHPAP

Seniors Housing Communities$56.3M67%
Outpatient Medical Facilities$28.1M33%

PRCH
PRCH

Segment breakdown not available.

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