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Side-by-side financial comparison of Ranpak Holdings Corp. (PACK) 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 $93.7M, roughly 1.3× Ranpak Holdings Corp.). On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs 2.3%). Over the past eight quarters, Porch Group, Inc.'s revenue compounded faster (26.4% CAGR vs 13.7%).

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...

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.

PACK vs PRCH — Head-to-Head

Bigger by revenue
PRCH
PRCH
1.3× larger
PRCH
$121.1M
$93.7M
PACK
Growing faster (revenue YoY)
PRCH
PRCH
+97.7% gap
PRCH
100.0%
2.3%
PACK
Faster 2-yr revenue CAGR
PRCH
PRCH
Annualised
PRCH
26.4%
13.7%
PACK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PACK
PACK
PRCH
PRCH
Revenue
$93.7M
$121.1M
Net Profit
$-4.7M
Gross Margin
39.0%
52.7%
Operating Margin
-1.0%
34.7%
Net Margin
-3.9%
Revenue YoY
2.3%
100.0%
Net Profit YoY
2.0%
EPS (diluted)
$-0.11
$-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
PACK
PACK
PRCH
PRCH
Q1 26
$121.1M
Q4 25
$93.7M
$112.3M
Q3 25
$83.6M
$115.1M
Q2 25
$77.8M
$107.0M
Q1 25
$77.6M
$84.5M
Q4 24
$91.6M
$75.3M
Q3 24
$78.6M
$77.7M
Q2 24
$72.8M
$75.9M
Net Profit
PACK
PACK
PRCH
PRCH
Q1 26
$-4.7M
Q4 25
$-3.5M
Q3 25
$-10.4M
$-10.9M
Q2 25
$-7.5M
$2.6M
Q1 25
$-10.9M
$8.4M
Q4 24
$30.5M
Q3 24
$-8.1M
$14.4M
Q2 24
$5.5M
$-64.3M
Gross Margin
PACK
PACK
PRCH
PRCH
Q1 26
52.7%
Q4 25
39.0%
99.5%
Q3 25
41.1%
75.6%
Q2 25
37.1%
70.9%
Q1 25
39.8%
77.4%
Q4 24
45.2%
Q3 24
43.8%
79.4%
Q2 24
43.5%
22.1%
Operating Margin
PACK
PACK
PRCH
PRCH
Q1 26
34.7%
Q4 25
-1.0%
14.7%
Q3 25
-6.8%
14.2%
Q2 25
-12.5%
4.7%
Q1 25
-10.3%
-1.5%
Q4 24
1.5%
33.3%
Q3 24
-5.3%
-3.2%
Q2 24
-7.1%
-69.2%
Net Margin
PACK
PACK
PRCH
PRCH
Q1 26
-3.9%
Q4 25
-3.1%
Q3 25
-12.4%
-9.4%
Q2 25
-9.6%
2.4%
Q1 25
-14.0%
9.9%
Q4 24
40.5%
Q3 24
-10.3%
18.5%
Q2 24
7.6%
-84.8%
EPS (diluted)
PACK
PACK
PRCH
PRCH
Q1 26
$-0.04
Q4 25
$-0.11
$0.00
Q3 25
$-0.12
$-0.10
Q2 25
$-0.09
$0.00
Q1 25
$-0.13
$0.07
Q4 24
$-0.13
$0.34
Q3 24
$-0.10
$0.12
Q2 24
$0.07
$-0.65

Balance Sheet & Financial Strength

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

Metric
PACK
PACK
PRCH
PRCH
Cash + ST InvestmentsLiquidity on hand
$63.0M
$68.4M
Total DebtLower is stronger
$401.9M
$391.3M
Stockholders' EquityBook value
$534.9M
$26.3M
Total Assets
$1.1B
$806.6M
Debt / EquityLower = less leverage
0.75×
14.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACK
PACK
PRCH
PRCH
Q1 26
$68.4M
Q4 25
$63.0M
$57.3M
Q3 25
$49.9M
$85.0M
Q2 25
$49.2M
$79.8M
Q1 25
$65.5M
$70.4M
Q4 24
$76.1M
$191.7M
Q3 24
$69.5M
$238.6M
Q2 24
$65.1M
$308.4M
Total Debt
PACK
PACK
PRCH
PRCH
Q1 26
$391.3M
Q4 25
$401.9M
$392.8M
Q3 25
$403.1M
$387.1M
Q2 25
$403.1M
$394.1M
Q1 25
$405.2M
$409.2M
Q4 24
$406.4M
$403.9M
Q3 24
$403.2M
$399.0M
Q2 24
$396.1M
$436.8M
Stockholders' Equity
PACK
PACK
PRCH
PRCH
Q1 26
$26.3M
Q4 25
$534.9M
$-24.6M
Q3 25
$537.8M
$-27.9M
Q2 25
$539.0M
$-29.3M
Q1 25
$544.1M
$-52.4M
Q4 24
$548.1M
$-43.2M
Q3 24
$564.3M
$-77.0M
Q2 24
$566.2M
$-101.9M
Total Assets
PACK
PACK
PRCH
PRCH
Q1 26
$806.6M
Q4 25
$1.1B
$797.4M
Q3 25
$1.1B
$787.7M
Q2 25
$1.1B
$770.7M
Q1 25
$1.1B
$802.3M
Q4 24
$1.1B
$814.0M
Q3 24
$1.1B
$867.3M
Q2 24
$1.1B
$876.1M
Debt / Equity
PACK
PACK
PRCH
PRCH
Q1 26
14.87×
Q4 25
0.75×
Q3 25
0.75×
Q2 25
0.75×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.71×
Q2 24
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PACK
PACK
PRCH
PRCH
Operating Cash FlowLast quarter
$19.5M
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
PACK
PACK
PRCH
PRCH
Q1 26
Q4 25
$19.5M
$1.2M
Q3 25
$8.5M
$40.8M
Q2 25
$-3.6M
$35.6M
Q1 25
$-1.3M
$-11.2M
Q4 24
$6.5M
$-26.6M
Q3 24
$10.1M
$12.4M
Q2 24
$19.6M
$-26.0M
Free Cash Flow
PACK
PACK
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
PACK
PACK
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
PACK
PACK
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
PACK
PACK
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
3.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PACK
PACK

Other$47.9M51%
Europe And Asia Segment$45.8M49%

PRCH
PRCH

Segment breakdown not available.

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