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Side-by-side financial comparison of Porch Group, Inc. (PRCH) and Riot Platforms, Inc. (RIOT). Click either name above to swap in a different company.
Riot Platforms, Inc. is the larger business by last-quarter revenue ($152.8M vs $121.1M, roughly 1.3× Porch Group, Inc.). Porch Group, Inc. runs the higher net margin — -3.9% vs -452.0%, a 448.1% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs 7.2%). Over the past eight quarters, Riot Platforms, Inc.'s revenue compounded faster (38.8% 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.
Riot Platforms, Inc. is a leading U.S.-based enterprise focused on Bitcoin mining, operating multiple large-scale, energy-efficient data centers across North America. It also invests in blockchain infrastructure development and holds Bitcoin as a core long-term reserve asset, centering its business strategy around the digital asset ecosystem.
PRCH vs RIOT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $121.1M | $152.8M |
| Net Profit | $-4.7M | $-690.7M |
| Gross Margin | 52.7% | — |
| Operating Margin | 34.7% | -447.9% |
| Net Margin | -3.9% | -452.0% |
| Revenue YoY | 100.0% | 7.2% |
| Net Profit YoY | 2.0% | -606.3% |
| EPS (diluted) | $-0.04 | $-1.89 |
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 | $152.8M | ||
| Q3 25 | $115.1M | $180.2M | ||
| Q2 25 | $107.0M | $153.0M | ||
| Q1 25 | $84.5M | $161.4M | ||
| Q4 24 | $75.3M | $142.6M | ||
| Q3 24 | $77.7M | $84.8M | ||
| Q2 24 | $75.9M | $70.0M |
| Q1 26 | $-4.7M | — | ||
| Q4 25 | $-3.5M | $-690.7M | ||
| Q3 25 | $-10.9M | $104.5M | ||
| Q2 25 | $2.6M | $219.5M | ||
| Q1 25 | $8.4M | $-296.4M | ||
| Q4 24 | $30.5M | $136.4M | ||
| Q3 24 | $14.4M | $-154.4M | ||
| Q2 24 | $-64.3M | $-84.4M |
| 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% | -447.9% | ||
| Q3 25 | 14.2% | 44.4% | ||
| Q2 25 | 4.7% | — | ||
| Q1 25 | -1.5% | -144.9% | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | -3.2% | -143.3% | ||
| Q2 24 | -69.2% | -167.2% |
| Q1 26 | -3.9% | — | ||
| Q4 25 | -3.1% | -452.0% | ||
| Q3 25 | -9.4% | 58.0% | ||
| Q2 25 | 2.4% | 143.4% | ||
| Q1 25 | 9.9% | -183.6% | ||
| Q4 24 | 40.5% | 95.7% | ||
| Q3 24 | 18.5% | -182.1% | ||
| Q2 24 | -84.8% | -120.6% |
| Q1 26 | $-0.04 | — | ||
| Q4 25 | $0.00 | $-1.89 | ||
| Q3 25 | $-0.10 | $0.26 | ||
| Q2 25 | $0.00 | $0.58 | ||
| Q1 25 | $0.07 | $-0.90 | ||
| Q4 24 | $0.34 | $0.39 | ||
| Q3 24 | $0.12 | $-0.54 | ||
| Q2 24 | $-0.65 | $-0.32 |
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 | $233.5M |
| Total DebtLower is stronger | $391.3M | $840.8M |
| Stockholders' EquityBook value | $26.3M | $2.9B |
| Total Assets | $806.6M | $3.9B |
| Debt / EquityLower = less leverage | 14.87× | 0.29× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $68.4M | — | ||
| Q4 25 | $57.3M | $233.5M | ||
| Q3 25 | $85.0M | $330.7M | ||
| Q2 25 | $79.8M | $255.4M | ||
| Q1 25 | $70.4M | $163.7M | ||
| Q4 24 | $191.7M | $277.9M | ||
| Q3 24 | $238.6M | $355.7M | ||
| Q2 24 | $308.4M | $481.2M |
| Q1 26 | $391.3M | — | ||
| Q4 25 | $392.8M | $840.8M | ||
| Q3 25 | $387.1M | $5.3M | ||
| Q2 25 | $394.1M | $5.3M | ||
| Q1 25 | $409.2M | $5.3M | ||
| Q4 24 | $403.9M | $584.6M | ||
| Q3 24 | $399.0M | $5.7M | ||
| Q2 24 | $436.8M | — |
| Q1 26 | $26.3M | — | ||
| Q4 25 | $-24.6M | $2.9B | ||
| Q3 25 | $-27.9M | $3.5B | ||
| Q2 25 | $-29.3M | $3.3B | ||
| Q1 25 | $-52.4M | $2.9B | ||
| Q4 24 | $-43.2M | $3.1B | ||
| Q3 24 | $-77.0M | $2.7B | ||
| Q2 24 | $-101.9M | $2.6B |
| Q1 26 | $806.6M | — | ||
| Q4 25 | $797.4M | $3.9B | ||
| Q3 25 | $787.7M | $4.5B | ||
| Q2 25 | $770.7M | $4.3B | ||
| Q1 25 | $802.3M | $3.7B | ||
| Q4 24 | $814.0M | $3.9B | ||
| Q3 24 | $867.3M | $2.9B | ||
| Q2 24 | $876.1M | $2.7B |
| Q1 26 | 14.87× | — | ||
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | 0.00× | ||
| 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 | — | $-572.9M |
| Free Cash FlowOCF − Capex | — | $-774.3M |
| FCF MarginFCF / Revenue | — | -506.6% |
| Capex IntensityCapex / Revenue | — | 131.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.2M | $-572.9M | ||
| Q3 25 | $40.8M | $-114.0M | ||
| Q2 25 | $35.6M | $-231.3M | ||
| Q1 25 | $-11.2M | $-122.1M | ||
| Q4 24 | $-26.6M | $-255.1M | ||
| Q3 24 | $12.4M | $-56.3M | ||
| Q2 24 | $-26.0M | $-42.5M |
| Q1 26 | — | — | ||
| Q4 25 | $1.1M | $-774.3M | ||
| Q3 25 | $40.7M | $-139.7M | ||
| Q2 25 | $35.4M | $-291.7M | ||
| Q1 25 | $-11.2M | $-154.9M | ||
| Q4 24 | $-26.8M | $-495.4M | ||
| Q3 24 | $12.2M | $-127.6M | ||
| Q2 24 | $-26.0M | $-96.1M |
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | -506.6% | ||
| Q3 25 | 35.4% | -77.5% | ||
| Q2 25 | 33.0% | -190.7% | ||
| Q1 25 | -13.3% | -96.0% | ||
| Q4 24 | -35.6% | -347.5% | ||
| Q3 24 | 15.7% | -150.5% | ||
| Q2 24 | -34.3% | -137.2% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 131.8% | ||
| Q3 25 | 0.1% | 14.3% | ||
| Q2 25 | 0.2% | 39.5% | ||
| Q1 25 | 0.1% | 20.4% | ||
| Q4 24 | 0.3% | 168.6% | ||
| Q3 24 | 0.3% | 84.1% | ||
| Q2 24 | 0.1% | 76.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | -1.09× | ||
| Q2 25 | 13.79× | -1.05× | ||
| Q1 25 | -1.33× | — | ||
| Q4 24 | -0.87× | -1.87× | ||
| Q3 24 | 0.86× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRCH
Segment breakdown not available.
RIOT
| Bitcoin Mining Segment | $131.7M | 86% |
| Engineering Segment | $21.1M | 14% |
