Porch Group, Inc. (PRCH) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.060 Good afternoon, and thank you for participating in Porch Group's first quarter 2026 conference 00:00:05.060 -- 00:00:10.288 call. Earlier today, we issued our earnings release and filed our related 00:00:10.288 -- 00:00:14.956 form 8K with SEC. The earnings release and today's presentation are available on our 00:00:14.956 -- 00:00:18.339 investor relations website at ir.porchgroup.com. 00:00:18.948 -- 00:00:23.194 Before we begin, I'd like to review the company's safe harbor statement within the meaning 00:00:23.194 -- 00:00:28.603 of the Private Securities Litigation Reform Act of 1995, which provides important cautions 00:00:28.603 -- 00:00:31.584 regarding forward-looking statements. 00:00:32.248 -- 00:00:37.596 Today's discussion, including responses to your questions, reflects management views 00:00:37.596 -- 00:00:40.420 as of today, April 28th, 2026. 00:00:40.420 -- 00:00:45.172 We undertake no obligation to update or revise these remarks. 00:00:45.172 -- 00:00:49.036 We will make forward-looking statements that involve risk and uncertainties, and actual 00:00:49.036 -- 00:00:51.399 results may differ materially. 00:00:51.399 -- 00:00:56.744 Please refer to the information on this slide in our SEC filings for additional detail. 00:00:56.744 -- 00:01:00.408 We will also reference certain non-GAAP financial measures. 00:01:00.408 -- 00:01:05.533 Reconciliations are included in today's earnings release, and also a replay of this 00:01:05.533 -- 00:01:11.558 webcast is going to be available shortly after the call on our investor relations site. 00:01:11.834 -- 00:01:17.662 So joining me here today are Matt Ehrlichman, Porch's CEO, Chairman and Founder, 00:01:17.662 -- 00:01:22.468 John DeBak, Porch's CFO, and Matthew Nagel, Por...