Business
Porch Group Reports Fourth Quarter 2025 Results
SEATTLE, February 11, 2026--Porch Group, Inc. ("Porch," "the Company," "we," "our," "us") (NASDAQ: PRCH), a new kind of homeowners insurance company, today reported fourth quarter and full-year results through December 31, 2025, that exceeded our expectations.
About this update from Porch Group, Inc.
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","length":16,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]}]},{"val":[{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]}]},{"val":[{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" Revenue (2) ","length":10,"tagName":"p","attribs":{}},{"type":"text","content":" $475m to $490m ","length":14,"tagName":"p","attribs":{}},{"type":"text","content":" (2025: $419m) ","length":13,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" 13% to 17% ","length":10,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]}]},{"val":[{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]}]},{"val":[{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" Gross Profit (2) ","length":15,"tagName":"p","attribs":{}},{"type":"text","content":" $385m to $400m ","length":14,"tagName":"p","attribs":{}},{"type":"text","content":" (2025: $344m) ","length":13,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" 12% to 16% ","length":10,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]}]},{"val":[{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]}]},{"val":[{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" Adjusted EBITDA (2) ","length":18,"tagName":"p","attribs":{}},{"type":"text","content":" $98m to $105m ","length":13,"tagName":"p","attribs":{}},{"type":"text","content":" (2025: $77m) ","length":12,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;width:35%;","val":[{"type":"text","content":" 28% to 37% ","length":10,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"width:15%;","val":[]}]}],"length":243},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;border-bottom:solid black 1.0pt;width:3%;text-align:center;list-style-position:inside;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;border-bottom:solid black 1.0pt;width:17%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;width:3%;text-align:center;list-style-position:inside;vertical-align:top;","val":[{"type":"text","content":"(1)","length":3,"tagName":"p","attribs":{}}]},{"colspan":"2","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;","val":[{"type":"text","content":"Results in this earnings release reference results generated for Porch shareholders ("Porch Shareholder Interest"), which includes the Insurance Services, Software & Data, and Consumer Services segments, along with corporate functions. These are the businesses which Porch owns.","length":292,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;width:3%;text-align:center;list-style-position:inside;vertical-align:top;","val":[{"type":"text","content":"(2)","length":3,"tagName":"p","attribs":{}}]},{"colspan":"2","rowspan":"1","style":"padding-left:0.0px;","val":[{"type":"text","content":"Porch Shareholder Interest Revenue, Gross Profit and Adjusted EBITDA are non-GAAP measures.","length":91,"tagName":"p","attribs":{}}]}]}],"length":389},{"type":"text","content":"Porch provides full year 2026 guidance based on current market conditions, assumptions, and expectations as of the date of this release. Actual results may vary due to a number of factors, and there is no guarantee that we will be able to achieve these results. Porch is not providing reconciliations of Porch Shareholder Interest expected Revenue, Gross Profit or Adjusted EBITDA for future periods to the most directly comparable measures prepared in accordance with GAAP because the Company is unable to provide these reconciliations without unreasonable effort because certain information necessary to calculate such measures on a GAAP basis is unavailable or dependent on the timing of future events outside of the Company’s control.","length":738,"tagName":"p"},{"type":"text","content":" Conference Call ","length":15,"tagName":"p"},{"type":"text","content":"Porch management will host a conference call today February 11, 2026, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time). The call will be accompanied by a slide presentation available on the Investor Relations section of the Company’s website at ir.porchgroup.com . A question-and-answer session will follow management’s prepared remarks.","length":338,"tagName":"p"},{"type":"text","content":"All are invited to listen to the event by registering for the webinar, a replay of the webinar will also be available. See the Investor Relations section of the Porch’s corporate website at ir.porchgroup.com .","length":208,"tagName":"p"},{"type":"text","content":" About Porch Group ","length":17,"tagName":"p"},{"type":"text","content":"Porch Group, Inc. ("Porch") is a new kind of homeowners insurance company. Porch's strategy to win in homeowners insurance is to deploy leading vertical software solutions in select home-related industries, provide the best services for homebuyers including important moving services, leverage unique data for advantaged underwriting, and provide more protection for policyholders.","length":395,"tagName":"p"},{"type":"text","content":"To learn more about Porch, visit ir.porchgroup.com.","length":51,"tagName":"p"},{"type":"text","content":" Forward-Looking Statements ","length":26,"tagName":"p"},{"type":"text","content":"Certain statements in this release are considered forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management. Although we believe that our plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning our financial outlook and guidance, possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words "believe," "estimate," "expect," "project," "forecast," "may," "will," "should," "seek," "plan," "scheduled," "anticipate," "intend," or similar expressions.","length":1150,"tagName":"p"},{"type":"text","content":"Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of the date hereof. You should understand that the following important factors, among others, could affect our future results and could cause those results or other outcomes to differ materially from those expressed or implied in our forward-looking statements:","length":397,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"expansion plans and opportunities, and managing growth, to build a consumer brand;","length":82,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"the incidence, frequency, and severity of weather events, extensive wildfires, and other catastrophes;","length":102,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"economic conditions, especially those affecting the housing, insurance, and financial markets;","length":94,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"expectations regarding revenue, cost of revenue, operating expenses, and the ability to achieve and maintain future profitability;","length":130,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"existing and developing federal and state laws and regu...