vs
Side-by-side financial comparison of Porch Group, Inc. (PRCH) and Perella Weinberg Partners (PWP). Click either name above to swap in a different company.
Perella Weinberg Partners is the larger business by last-quarter revenue ($219.2M vs $121.1M, roughly 1.8× Porch Group, Inc.). Perella Weinberg Partners runs the higher net margin — 6.3% vs -3.9%, a 10.2% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs -2.9%). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs 26.4%).
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.
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
PRCH vs PWP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $121.1M | $219.2M |
| Net Profit | $-4.7M | $13.8M |
| Gross Margin | 52.7% | — |
| Operating Margin | 34.7% | 8.5% |
| Net Margin | -3.9% | 6.3% |
| Revenue YoY | 100.0% | -2.9% |
| Net Profit YoY | 2.0% | — |
| EPS (diluted) | $-0.04 | $0.11 |
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 | $112.3M | $219.2M | ||
| Q3 25 | $115.1M | $164.6M | ||
| Q2 25 | $107.0M | $155.3M | ||
| Q1 25 | $84.5M | $211.8M | ||
| Q4 24 | $75.3M | $225.7M | ||
| Q3 24 | $77.7M | $278.2M | ||
| Q2 24 | $75.9M | $272.0M |
| Q1 26 | $-4.7M | — | ||
| Q4 25 | $-3.5M | $13.8M | ||
| Q3 25 | $-10.9M | $6.0M | ||
| Q2 25 | $2.6M | $2.7M | ||
| Q1 25 | $8.4M | $17.3M | ||
| Q4 24 | $30.5M | — | ||
| Q3 24 | $14.4M | $16.4M | ||
| Q2 24 | $-64.3M | $-66.0M |
| Q1 26 | 52.7% | — | ||
| Q4 25 | 99.5% | — | ||
| Q3 25 | 75.6% | — | ||
| Q2 25 | 70.9% | — | ||
| Q1 25 | 77.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 79.4% | — | ||
| Q2 24 | 22.1% | — |
| Q1 26 | 34.7% | — | ||
| Q4 25 | 14.7% | 8.5% | ||
| Q3 25 | 14.2% | 5.4% | ||
| Q2 25 | 4.7% | 5.8% | ||
| Q1 25 | -1.5% | 5.5% | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | -3.2% | 12.9% | ||
| Q2 24 | -69.2% | -30.2% |
| Q1 26 | -3.9% | — | ||
| Q4 25 | -3.1% | 6.3% | ||
| Q3 25 | -9.4% | 3.6% | ||
| Q2 25 | 2.4% | 1.8% | ||
| Q1 25 | 9.9% | 8.2% | ||
| Q4 24 | 40.5% | — | ||
| Q3 24 | 18.5% | 5.9% | ||
| Q2 24 | -84.8% | -24.3% |
| Q1 26 | $-0.04 | — | ||
| Q4 25 | $0.00 | $0.11 | ||
| Q3 25 | $-0.10 | $0.08 | ||
| Q2 25 | $0.00 | $0.04 | ||
| Q1 25 | $0.07 | $0.24 | ||
| Q4 24 | $0.34 | — | ||
| Q3 24 | $0.12 | $0.24 | ||
| Q2 24 | $-0.65 | $-1.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $68.4M | $255.9M |
| Total DebtLower is stronger | $391.3M | — |
| Stockholders' EquityBook value | $26.3M | $-127.4M |
| Total Assets | $806.6M | $797.6M |
| Debt / EquityLower = less leverage | 14.87× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $68.4M | — | ||
| Q4 25 | $57.3M | $255.9M | ||
| Q3 25 | $85.0M | $185.5M | ||
| Q2 25 | $79.8M | $145.0M | ||
| Q1 25 | $70.4M | $111.2M | ||
| Q4 24 | $191.7M | $407.4M | ||
| Q3 24 | $238.6M | $335.1M | ||
| Q2 24 | $308.4M | $185.3M |
| 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 | $-24.6M | $-127.4M | ||
| Q3 25 | $-27.9M | $-302.4M | ||
| Q2 25 | $-29.3M | $-318.4M | ||
| Q1 25 | $-52.4M | $-323.1M | ||
| Q4 24 | $-43.2M | $-421.4M | ||
| Q3 24 | $-77.0M | $-360.8M | ||
| Q2 24 | $-101.9M | $-283.0M |
| Q1 26 | $806.6M | — | ||
| Q4 25 | $797.4M | $797.6M | ||
| Q3 25 | $787.7M | $650.2M | ||
| Q2 25 | $770.7M | $606.7M | ||
| Q1 25 | $802.3M | $570.5M | ||
| Q4 24 | $814.0M | $876.8M | ||
| Q3 24 | $867.3M | $810.9M | ||
| Q2 24 | $876.1M | $645.5M |
| 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 | — | $34.8M |
| Free Cash FlowOCF − Capex | — | $30.5M |
| FCF MarginFCF / Revenue | — | 13.9% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | — | 2.52× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.2M | $34.8M | ||
| Q3 25 | $40.8M | $59.2M | ||
| Q2 25 | $35.6M | $56.1M | ||
| Q1 25 | $-11.2M | $-176.5M | ||
| Q4 24 | $-26.6M | $223.4M | ||
| Q3 24 | $12.4M | $200.3M | ||
| Q2 24 | $-26.0M | $90.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.1M | $30.5M | ||
| Q3 25 | $40.7M | $57.6M | ||
| Q2 25 | $35.4M | $55.3M | ||
| Q1 25 | $-11.2M | $-177.6M | ||
| Q4 24 | $-26.8M | $207.0M | ||
| Q3 24 | $12.2M | $199.3M | ||
| Q2 24 | $-26.0M | $83.7M |
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 13.9% | ||
| Q3 25 | 35.4% | 35.0% | ||
| Q2 25 | 33.0% | 35.6% | ||
| Q1 25 | -13.3% | -83.8% | ||
| Q4 24 | -35.6% | 91.7% | ||
| Q3 24 | 15.7% | 71.6% | ||
| Q2 24 | -34.3% | 30.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 2.0% | ||
| Q3 25 | 0.1% | 0.9% | ||
| Q2 25 | 0.2% | 0.5% | ||
| Q1 25 | 0.1% | 0.5% | ||
| Q4 24 | 0.3% | 7.3% | ||
| Q3 24 | 0.3% | 0.4% | ||
| Q2 24 | 0.1% | 2.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.52× | ||
| Q3 25 | — | 9.85× | ||
| Q2 25 | 13.79× | 20.50× | ||
| Q1 25 | -1.33× | -10.18× | ||
| Q4 24 | -0.87× | — | ||
| Q3 24 | 0.86× | 12.23× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
