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Side-by-side financial comparison of Porch Group, Inc. (PRCH) and Vericel Corp (VCEL). Click either name above to swap in a different company.

Porch Group, Inc. is the larger business by last-quarter revenue ($121.1M vs $92.9M, roughly 1.3× Vericel Corp). Vericel Corp runs the higher net margin — 25.0% vs -3.9%, a 28.9% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs 23.3%). Over the past eight quarters, Vericel Corp's revenue compounded faster (34.6% 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.

Vericel Corporation is a publicly traded American biopharmaceutical company which was known prior to October 2014 as Aastrom Bio. Aastrom Bio was formed in 1989 in Ann Arbor, Michigan.

PRCH vs VCEL — Head-to-Head

Bigger by revenue
PRCH
PRCH
1.3× larger
PRCH
$121.1M
$92.9M
VCEL
Growing faster (revenue YoY)
PRCH
PRCH
+76.7% gap
PRCH
100.0%
23.3%
VCEL
Higher net margin
VCEL
VCEL
28.9% more per $
VCEL
25.0%
-3.9%
PRCH
Faster 2-yr revenue CAGR
VCEL
VCEL
Annualised
VCEL
34.6%
26.4%
PRCH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PRCH
PRCH
VCEL
VCEL
Revenue
$121.1M
$92.9M
Net Profit
$-4.7M
$23.2M
Gross Margin
52.7%
78.7%
Operating Margin
34.7%
24.1%
Net Margin
-3.9%
25.0%
Revenue YoY
100.0%
23.3%
Net Profit YoY
2.0%
17.3%
EPS (diluted)
$-0.04
$0.46

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
PRCH
PRCH
VCEL
VCEL
Q1 26
$121.1M
Q4 25
$112.3M
$92.9M
Q3 25
$115.1M
$67.5M
Q2 25
$107.0M
$63.2M
Q1 25
$84.5M
$52.6M
Q4 24
$75.3M
$75.4M
Q3 24
$77.7M
$57.9M
Q2 24
$75.9M
$52.7M
Net Profit
PRCH
PRCH
VCEL
VCEL
Q1 26
$-4.7M
Q4 25
$-3.5M
$23.2M
Q3 25
$-10.9M
$5.1M
Q2 25
$2.6M
$-553.0K
Q1 25
$8.4M
$-11.2M
Q4 24
$30.5M
$19.8M
Q3 24
$14.4M
$-901.0K
Q2 24
$-64.3M
$-4.7M
Gross Margin
PRCH
PRCH
VCEL
VCEL
Q1 26
52.7%
Q4 25
99.5%
78.7%
Q3 25
75.6%
73.5%
Q2 25
70.9%
73.7%
Q1 25
77.4%
69.0%
Q4 24
77.6%
Q3 24
79.4%
71.9%
Q2 24
22.1%
69.5%
Operating Margin
PRCH
PRCH
VCEL
VCEL
Q1 26
34.7%
Q4 25
14.7%
24.1%
Q3 25
14.2%
5.1%
Q2 25
4.7%
-3.2%
Q1 25
-1.5%
-24.3%
Q4 24
33.3%
24.5%
Q3 24
-3.2%
-4.3%
Q2 24
-69.2%
-11.5%
Net Margin
PRCH
PRCH
VCEL
VCEL
Q1 26
-3.9%
Q4 25
-3.1%
25.0%
Q3 25
-9.4%
7.5%
Q2 25
2.4%
-0.9%
Q1 25
9.9%
-21.4%
Q4 24
40.5%
26.3%
Q3 24
18.5%
-1.6%
Q2 24
-84.8%
-8.9%
EPS (diluted)
PRCH
PRCH
VCEL
VCEL
Q1 26
$-0.04
Q4 25
$0.00
$0.46
Q3 25
$-0.10
$0.10
Q2 25
$0.00
$-0.01
Q1 25
$0.07
$-0.23
Q4 24
$0.34
$0.40
Q3 24
$0.12
$-0.02
Q2 24
$-0.65
$-0.10

Balance Sheet & Financial Strength

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

Metric
PRCH
PRCH
VCEL
VCEL
Cash + ST InvestmentsLiquidity on hand
$68.4M
$137.5M
Total DebtLower is stronger
$391.3M
Stockholders' EquityBook value
$26.3M
$354.6M
Total Assets
$806.6M
$488.0M
Debt / EquityLower = less leverage
14.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRCH
PRCH
VCEL
VCEL
Q1 26
$68.4M
Q4 25
$57.3M
$137.5M
Q3 25
$85.0M
$135.4M
Q2 25
$79.8M
$116.9M
Q1 25
$70.4M
$112.9M
Q4 24
$191.7M
$116.2M
Q3 24
$238.6M
$101.7M
Q2 24
$308.4M
$102.5M
Total Debt
PRCH
PRCH
VCEL
VCEL
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
PRCH
PRCH
VCEL
VCEL
Q1 26
$26.3M
Q4 25
$-24.6M
$354.6M
Q3 25
$-27.9M
$321.9M
Q2 25
$-29.3M
$306.8M
Q1 25
$-52.4M
$295.5M
Q4 24
$-43.2M
$292.0M
Q3 24
$-77.0M
$257.5M
Q2 24
$-101.9M
$243.0M
Total Assets
PRCH
PRCH
VCEL
VCEL
Q1 26
$806.6M
Q4 25
$797.4M
$488.0M
Q3 25
$787.7M
$453.3M
Q2 25
$770.7M
$435.6M
Q1 25
$802.3M
$424.6M
Q4 24
$814.0M
$432.7M
Q3 24
$867.3M
$390.4M
Q2 24
$876.1M
$376.8M
Debt / Equity
PRCH
PRCH
VCEL
VCEL
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
PRCH
PRCH
VCEL
VCEL
Operating Cash FlowLast quarter
$15.0M
Free Cash FlowOCF − Capex
$12.8M
FCF MarginFCF / Revenue
13.8%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
0.65×
TTM Free Cash FlowTrailing 4 quarters
$24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRCH
PRCH
VCEL
VCEL
Q1 26
Q4 25
$1.2M
$15.0M
Q3 25
$40.8M
$22.1M
Q2 25
$35.6M
$8.2M
Q1 25
$-11.2M
$6.6M
Q4 24
$-26.6M
$22.2M
Q3 24
$12.4M
$10.2M
Q2 24
$-26.0M
$18.5M
Free Cash Flow
PRCH
PRCH
VCEL
VCEL
Q1 26
Q4 25
$1.1M
$12.8M
Q3 25
$40.7M
$19.5M
Q2 25
$35.4M
$81.0K
Q1 25
$-11.2M
$-7.6M
Q4 24
$-26.8M
$8.5M
Q3 24
$12.2M
$-9.2M
Q2 24
$-26.0M
$1.8M
FCF Margin
PRCH
PRCH
VCEL
VCEL
Q1 26
Q4 25
1.0%
13.8%
Q3 25
35.4%
28.8%
Q2 25
33.0%
0.1%
Q1 25
-13.3%
-14.5%
Q4 24
-35.6%
11.2%
Q3 24
15.7%
-15.9%
Q2 24
-34.3%
3.4%
Capex Intensity
PRCH
PRCH
VCEL
VCEL
Q1 26
Q4 25
0.1%
2.4%
Q3 25
0.1%
3.9%
Q2 25
0.2%
12.9%
Q1 25
0.1%
27.0%
Q4 24
0.3%
18.3%
Q3 24
0.3%
33.5%
Q2 24
0.1%
31.8%
Cash Conversion
PRCH
PRCH
VCEL
VCEL
Q1 26
Q4 25
0.65×
Q3 25
4.35×
Q2 25
13.79×
Q1 25
-1.33×
Q4 24
-0.87×
1.12×
Q3 24
0.86×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRCH
PRCH

Segment breakdown not available.

VCEL
VCEL

MACI Implants And Kits$84.1M90%
Other$8.8M10%

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