Earnings summaries and quarterly performance for Porch Group.
Executive leadership at Porch Group.
Board of directors at Porch Group.
Research analysts who have asked questions during Porch Group earnings calls.
Jason Helfstein
Oppenheimer & Co. Inc.
6 questions for PRCH
Also covers: ANGI, BLDE, CART +23 more
RT
Ryan Tomasello
Keefe, Bruyette & Woods
5 questions for PRCH
Also covers: BLND, CSGP, FIGR +6 more
Jason Kreyer
Craig-Hallum Capital Group LLC
4 questions for PRCH
Also covers: CDLX, CREX, DSP +17 more
DK
Daniel Kurnos
The Benchmark Company, LLC
3 questions for PRCH
Also covers: ANGI, CNVS, DRCT +12 more
John Campbell
Stephens Inc.
3 questions for PRCH
Also covers: CNNE, CSGP, DSGX +10 more
Cal Bartyzal
Craig-Hallum Capital Group LLC
2 questions for PRCH
Also covers: CDLX, CREX, DSP +5 more
TG
Tim Grubbs
Loop Capital Markets LLC
2 questions for PRCH
TD
Timothy D'Agostino
B. Riley Securities Inc.
2 questions for PRCH
TG
Timothy Greaves
Loop Capital Markets LLC
2 questions for PRCH
Also covers: ARDT, WEAV
DK
Dan Kornice
Phonyx
1 question for PRCH
DK
Dan Kurnos
The Benchmark Company
1 question for PRCH
Also covers: ANGI, CNVS, DRCT +5 more
GB
Graham Bundy Jr.
KBW
1 question for PRCH
Randy Binner
B. Riley Securities
1 question for PRCH
Also covers: ARR, BRSP, BUR +14 more
Recent press releases and 8-K filings for PRCH.
Porch Group Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Guidance
PRCH
Earnings
Guidance Update
Product Launch
- Porch Group reported full-year 2025 adjusted EBITDA of $76.6 million, an 11x increase over 2024, and Q4 2025 adjusted EBITDA of $23.5 million, exceeding expectations.
- Cash flow from operations for Porch shareholders was $65.4 million for the full year 2025.
- The reciprocal's statutory surplus grew 47% year-over-year to $155 million by the end of 2025, providing substantial capacity for future premium growth.
- The company issued 2026 guidance, projecting $600 million in organic reciprocal written premium (25% growth), revenue between $475 million and $490 million, and adjusted EBITDA between $98 million and $105 million.
- Key operational achievements included more than doubling active agencies, nearly tripling quote volumes, and the launch of Porch Insurance in Texas at the start of 2026.
Feb 11, 2026, 10:00 PM
Porch Group Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Guidance
PRCH
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Porch Group reported Q4 2025 revenue of $112.3 million and Adjusted EBITDA of $23.5 million, contributing to a full-year 2025 Adjusted EBITDA of $76.6 million, an 11x increase over 2024.
- Full-year 2025 cash flow from operations was a positive $65.4 million, reflecting the strong cash-generative nature of the model.
- The reciprocal's statutory surplus ended 2025 at $155 million, an increase of 47% or $49 million from the beginning of the year, providing significant capacity for future premium growth.
- For 2026, Porch Group targets $600 million in organic reciprocal written premium, representing an implied 25% growth rate, and $100 million in Adjusted EBITDA.
- New business premiums accelerated significantly at the end of 2025, with November up 61% and December up 104% compared to the January-October 2025 monthly average, driven by increased quote volumes and conversion rates.
Feb 11, 2026, 10:00 PM
Porch Group Reports Q4 and Full Year 2025 Results, Issues 2026 Guidance
PRCH
Earnings
Guidance Update
Share Buyback
- Porch Group reported full year 2025 adjusted EBITDA of $77 million, an 11x increase over 2024, and Q4 2025 adjusted EBITDA of $23 million. Full year cash flow from operations for Porch shareholders was $65.4 million.
- The company ended 2025 with statutory surplus of $155 million, a 47% increase from the beginning of the year, providing substantial capacity for growth.
- For 2026, Porch Group provided guidance including $600 million in organic reciprocal written premium, representing 25% year-over-year growth, and adjusted EBITDA between $98 million and $105 million.
- The board of directors authorized a $2.5 million share repurchase program.
Feb 11, 2026, 10:00 PM
Porch Group Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Outlook
PRCH
Earnings
Guidance Update
Share Buyback
- Porch Group reported Q4 2025 revenue of $112.3 million, a net loss attributable to Porch of $(3.5) million, and Adjusted EBITDA of $23.5 million for its Porch Shareholder Interest.
- For the full year ended December 31, 2025, Porch Shareholder Interest generated $418.9 million in revenue and $76.6 million in Adjusted EBITDA, with a net loss attributable to Porch of $(3.4) million.
- The company provided 2026 guidance for Porch Shareholder Interest, projecting revenue between $475 million and $490 million and Adjusted EBITDA between $98 million and $105 million. They also target $600 million in Reciprocal Written Premium, representing 25% year-over-year organic growth.
- As of December 31, 2025, Porch Shareholder Interest had $121.2 million in cash, cash equivalents, restricted cash, and investments. The Board of Directors authorized a common stock repurchase of up to $2.5 million.
- The Reciprocal, formed in January 2025, achieved a 2025 gross loss ratio of 27%, and its Q4 2025 statutory surplus increased by $49.4 million from Q4 2024 to $155.1 million.
Feb 11, 2026, 9:08 PM
Porch Group Reports Q4 2025 Results and Provides 2026 Outlook
PRCH
Earnings
Guidance Update
Share Buyback
- Porch Group reported Q4 2025 revenue of $112.3 million, a net loss attributable to Porch of $(3.5) million, and Adjusted EBITDA of $23.5 million for Porch Shareholder Interest. For the full year 2025, Porch Shareholder Interest generated $418.9 million in revenue and $76.6 million in Adjusted EBITDA.
- The company provided a 2026 outlook for Porch Shareholder Interest, projecting revenue between $475 million and $490 million and Adjusted EBITDA between $98 million and $105 million. It also targets $600 million of Reciprocal Written Premium for 2026.
- As of December 31, 2025, Porch Shareholder Interest held $121.2 million in cash, cash equivalents, restricted cash, and investments. Net cash used in operating activities for Porch shareholders was $(5.5) million in Q4 2025, while full-year 2025 cash flow from operations was $65.4 million. Outstanding principal for convertible debt was $475.1 million.
- The Board of Directors authorized a common stock repurchase program of up to $2.5 million for the current year.
Feb 11, 2026, 9:02 PM
Porch Group Discusses Data-Driven Insurance Model and Growth Strategy at Stephens Conference
PRCH
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
- Porch Group's business model integrates proprietary data from its vertical software, such as home inspection software used by over 40% of companies, to enhance its insurance underwriting, enabling better risk pricing and significantly lower loss ratios.
- Effective January 1, 2025, the company transitioned its insurance carrier to the policyholder-owned Porch Reciprocal Exchange, allowing Porch Group to generate revenue through commissions and fees without direct exposure to catastrophic weather events.
- For FY 2025, Porch Group anticipates achieving $70 million in adjusted EBITDA, with its insurance segment contributing approximately two-thirds of revenue and software businesses around 25%.
- The company plans to scale its premiums from nearly $500 million to $3 billion in the coming years, which is projected to generate over $600 million in adjusted EBITDA.
- Porch Group has increased its statutory surplus from $100 million at the beginning of the year to $152 million by the end of Q3 2025, supporting its growth objectives, and has injected 18.3 million shares of Porch stock into the reciprocal for long-term capital building.
Nov 19, 2025, 6:00 PM
Porch Group Discusses Data-Driven Insurance Model and Growth Strategy at Stephens Conference
PRCH
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
- Porch Group (PRCH) leverages its proprietary software, used by almost half of all home inspection companies and over 40% of title transactions, to collect 89 unique "home factors" on 90% of U.S. homes, enabling superior risk pricing and halving loss ratios for its insurance operations.
- Effective January 1, 2025, the company transitioned its insurance carrier into the policyholder-owned Porch Reciprocal Exchange, which insulates Porch Group from catastrophic weather volatility and contributes to 82% gross margins and an 18% adjusted EBITDA margin.
- For FY 2025, Porch Group anticipates $70 million in adjusted EBITDA and aims to expand premiums from nearly $500 million to $3 billion, potentially generating over $600 million in adjusted EBITDA.
- The reciprocal's statutory surplus increased from $100 million to $152 million by Q3 2025, bolstered by an injection of 18.3 million Porch stock shares, providing capital for organic growth and potential M&A without requiring shareholder capital.
- The company is also licensing its high-margin "Home Factors" data to other carriers, a new revenue stream anticipated to have a meaningful impact by 2027.
Nov 19, 2025, 6:00 PM
Porch Group Outlines Data-Driven Insurance Strategy and Financial Outlook for FY 2025
PRCH
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Porch Group (PRCH) operates a homeowners insurance business through a reciprocal exchange, which it manages for fees and commissions, effectively insulating shareholders from catastrophic weather risks.
- The company gains a competitive edge by utilizing proprietary data from its vertical software businesses, including over 40% market share in home inspection software, enabling superior risk pricing and industry-leading loss ratios.
- For FY 2025, PRCH projects $70 million in adjusted EBITDA for the year, with its insurance business, representing approximately two-thirds of revenue, achieving 82% gross margins.
- PRCH targets 25%+ premium growth, aiming to scale from nearly $500 million to $3 billion in premiums, which is expected to generate over $600 million in adjusted EBITDA.
- The reciprocal exchange's statutory surplus grew from $100 million at the start of the year to $152 million by the end of Q3, bolstered by an injection of 18.3 million shares of Porch stock to support future growth and potential M&A.
Nov 19, 2025, 6:00 PM
PRCH Announces Strong Q3 2025 Results and Updates 2025 Guidance
PRCH
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Porch Group reported strong Q3 2025 Porch Shareholder Interest results, with revenue of $115.1 million and Adjusted EBITDA of $20.6 million.
- The company updated its 2025 guidance for Porch Shareholder Interest, projecting revenue between $410 million and $420 million and Adjusted EBITDA of $70 million, representing a $2.5 million increase versus the prior guidance midpoint for both metrics.
- Reciprocal Written Premium (RWP) reached $137.5 million in Q3 2025, with $412 million in Reciprocal surplus combined with non-admitted assets.
- Porch generated $28.8 million in Q3 2025 Porch Shareholder Interest Cash Flow from Operations and repurchased $12.8 million of its 2026 notes, with approximately $7.8 million remaining on the principal balance.
Nov 5, 2025, 10:00 PM
PRCH Reports Strong Q3 2025 Results, Raises Full-Year Adjusted EBITDA Guidance
PRCH
Earnings
Guidance Update
Revenue Acceleration/Inflection
- PRCH reported Q3 2025 adjusted EBITDA of $21 million and cash flow from operations of $29 million.
- The company has already surpassed its initial 2025 adjusted EBITDA target, achieving $53.1 million year-to-date and now expects to deliver $70 million for the full year, representing a 10 times increase over the prior year.
- Q3 2025 revenue was $115 million, with a gross profit of $94 million and an 82% gross margin.
- Reciprocal surplus combined with non-admitted assets increased by over $100 million quarter-over-quarter to $412 million by the end of Q3 2025, providing capacity to support approximately $2 billion of premium.
Nov 5, 2025, 10:00 PM
Quarterly earnings call transcripts for Porch Group.
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