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Side-by-side financial comparison of Offerpad Solutions Inc. (OPAD) 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 $114.1M, roughly 1.1× Offerpad Solutions Inc.). On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs -34.5%). Over the past eight quarters, Porch Group, Inc.'s revenue compounded faster (26.4% CAGR vs -36.8%).

Offerpad Solutions Inc is a prominent U.S. proptech firm focused on simplifying residential real estate transactions. Operating under the iBuyer model, it purchases homes directly from sellers, conducts required renovations, and resells properties to buyers. It also provides supporting services including mortgage assistance, title services, and flexible moving options for clients across dozens of U.S. 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.

OPAD vs PRCH — Head-to-Head

Bigger by revenue
PRCH
PRCH
1.1× larger
PRCH
$121.1M
$114.1M
OPAD
Growing faster (revenue YoY)
PRCH
PRCH
+134.5% gap
PRCH
100.0%
-34.5%
OPAD
Faster 2-yr revenue CAGR
PRCH
PRCH
Annualised
PRCH
26.4%
-36.8%
OPAD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OPAD
OPAD
PRCH
PRCH
Revenue
$114.1M
$121.1M
Net Profit
$-4.7M
Gross Margin
7.0%
52.7%
Operating Margin
34.7%
Net Margin
-3.9%
Revenue YoY
-34.5%
100.0%
Net Profit YoY
49.1%
2.0%
EPS (diluted)
$-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
OPAD
OPAD
PRCH
PRCH
Q1 26
$121.1M
Q4 25
$114.1M
$112.3M
Q3 25
$132.7M
$115.1M
Q2 25
$160.3M
$107.0M
Q1 25
$160.7M
$84.5M
Q4 24
$174.3M
$75.3M
Q3 24
$208.1M
$77.7M
Q2 24
$251.1M
$75.9M
Net Profit
OPAD
OPAD
PRCH
PRCH
Q1 26
$-4.7M
Q4 25
$-3.5M
Q3 25
$-11.6M
$-10.9M
Q2 25
$-10.9M
$2.6M
Q1 25
$-15.1M
$8.4M
Q4 24
$-17.3M
$30.5M
Q3 24
$-13.5M
$14.4M
Q2 24
$-13.8M
$-64.3M
Gross Margin
OPAD
OPAD
PRCH
PRCH
Q1 26
52.7%
Q4 25
7.0%
99.5%
Q3 25
7.0%
75.6%
Q2 25
8.9%
70.9%
Q1 25
6.5%
77.4%
Q4 24
6.1%
Q3 24
8.2%
79.4%
Q2 24
8.7%
22.1%
Operating Margin
OPAD
OPAD
PRCH
PRCH
Q1 26
34.7%
Q4 25
14.7%
Q3 25
-5.1%
14.2%
Q2 25
-4.9%
4.7%
Q1 25
-7.2%
-1.5%
Q4 24
-7.8%
33.3%
Q3 24
-4.3%
-3.2%
Q2 24
-3.9%
-69.2%
Net Margin
OPAD
OPAD
PRCH
PRCH
Q1 26
-3.9%
Q4 25
-3.1%
Q3 25
-8.7%
-9.4%
Q2 25
-6.8%
2.4%
Q1 25
-9.4%
9.9%
Q4 24
-9.9%
40.5%
Q3 24
-6.5%
18.5%
Q2 24
-5.5%
-84.8%
EPS (diluted)
OPAD
OPAD
PRCH
PRCH
Q1 26
$-0.04
Q4 25
$0.00
Q3 25
$-0.37
$-0.10
Q2 25
$-0.39
$0.00
Q1 25
$-0.55
$0.07
Q4 24
$-0.64
$0.34
Q3 24
$-0.49
$0.12
Q2 24
$-0.50
$-0.65

Balance Sheet & Financial Strength

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

Metric
OPAD
OPAD
PRCH
PRCH
Cash + ST InvestmentsLiquidity on hand
$26.5M
$68.4M
Total DebtLower is stronger
$391.3M
Stockholders' EquityBook value
$38.2M
$26.3M
Total Assets
$154.8M
$806.6M
Debt / EquityLower = less leverage
14.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPAD
OPAD
PRCH
PRCH
Q1 26
$68.4M
Q4 25
$26.5M
$57.3M
Q3 25
$31.0M
$85.0M
Q2 25
$22.6M
$79.8M
Q1 25
$30.8M
$70.4M
Q4 24
$43.0M
$191.7M
Q3 24
$48.5M
$238.6M
Q2 24
$56.9M
$308.4M
Total Debt
OPAD
OPAD
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
OPAD
OPAD
PRCH
PRCH
Q1 26
$26.3M
Q4 25
$38.2M
$-24.6M
Q3 25
$39.9M
$-27.9M
Q2 25
$24.5M
$-29.3M
Q1 25
$34.2M
$-52.4M
Q4 24
$47.7M
$-43.2M
Q3 24
$64.7M
$-77.0M
Q2 24
$77.6M
$-101.9M
Total Assets
OPAD
OPAD
PRCH
PRCH
Q1 26
$806.6M
Q4 25
$154.8M
$797.4M
Q3 25
$223.5M
$787.7M
Q2 25
$268.0M
$770.7M
Q1 25
$274.5M
$802.3M
Q4 24
$313.1M
$814.0M
Q3 24
$338.5M
$867.3M
Q2 24
$406.6M
$876.1M
Debt / Equity
OPAD
OPAD
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
OPAD
OPAD
PRCH
PRCH
Operating Cash FlowLast quarter
$66.8M
Free Cash FlowOCF − Capex
$65.7M
FCF MarginFCF / Revenue
57.6%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPAD
OPAD
PRCH
PRCH
Q1 26
Q4 25
$66.8M
$1.2M
Q3 25
$40.0M
$40.8M
Q2 25
$-13.5M
$35.6M
Q1 25
$-10.2M
$-11.2M
Q4 24
$20.8M
$-26.6M
Q3 24
$39.6M
$12.4M
Q2 24
$-54.4M
$-26.0M
Free Cash Flow
OPAD
OPAD
PRCH
PRCH
Q1 26
Q4 25
$65.7M
$1.1M
Q3 25
$40.7M
Q2 25
$-13.6M
$35.4M
Q1 25
$-11.2M
$-11.2M
Q4 24
$15.4M
$-26.8M
Q3 24
$38.7M
$12.2M
Q2 24
$-54.4M
$-26.0M
FCF Margin
OPAD
OPAD
PRCH
PRCH
Q1 26
Q4 25
57.6%
1.0%
Q3 25
35.4%
Q2 25
-8.5%
33.0%
Q1 25
-7.0%
-13.3%
Q4 24
8.9%
-35.6%
Q3 24
18.6%
15.7%
Q2 24
-21.7%
-34.3%
Capex Intensity
OPAD
OPAD
PRCH
PRCH
Q1 26
Q4 25
0.9%
0.1%
Q3 25
0.0%
0.1%
Q2 25
0.1%
0.2%
Q1 25
0.6%
0.1%
Q4 24
3.1%
0.3%
Q3 24
0.4%
0.3%
Q2 24
0.0%
0.1%
Cash Conversion
OPAD
OPAD
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.

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