---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-106325"
form_type: "8-K"
ticker: "PRCH"
cik: "0001784535"
company_name: "Porch Group, Inc."
filed_at: "2021-08-16T23:59:59+00:00"
generated_at: "2026-06-29T10:12:42.339931+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Porch Group Q2 revenue $51.3M (+200% YoY); raises FY guidance to $184M; appoints two directors

## Summary
- Q2 2021 revenue $51.3M, up 200% YoY; GAAP net loss $16.3M; Adj. EBITDA loss $10.3M (-20% of revenue).
- Increased FY2021 revenue guidance to $184M (155% YoY); tightened Adj. EBITDA margin guidance to -13% to -16%.
- Acquired Rynoh in Q2 for $31.5M cash; Rynoh contributed $1.3M revenue in Q2 and expected $8M full-year.
- Appointed Rachel Lam and Maurice Tulloch as independent directors; Thomas Hennessy and Margaret Whelan resigned from board.
- KPI: avg. companies 17,120 (+63% YoY); avg. revenue per company $999.70/month (+80% YoY).

## SEC filing metadata
- accession: 0001104659-21-106325
- form_type: 8-K
- ticker: PRCH
- cik: 0001784535
- company_name: Porch Group, Inc.
- filed_at: 2021-08-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784535/000110465921106325/0001104659-21-106325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784535/000110465921106325/tm2124706d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-106325
- JSON: https://secwatch.observer/filing/0001104659-21-106325.json
- Plain text: https://secwatch.observer/filing/0001104659-21-106325.txt

## Key facts
- Executive change
  Rachel Lam was appointed as Director at Porch Group, Inc..
  - Action: appointed
  - Role: Director
  source text: the Company’s Board of Directors (the “Board”) approved the appointment of Rachel Lam and Maurice Tulloch, effective immediately, to fill vacancies on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784535/000110465921106325/0001104659-21-106325-index.htm
- Executive change
  Thomas D. Hennessy resigned as Director at Porch Group, Inc..
  - Action: resigned
  - Role: Director
  source text: Margaret Whelan and Thomas D. Hennessy each notified the Company of their decision to resign from the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784535/000110465921106325/0001104659-21-106325-index.htm
- Executive change
  Margaret Whelan resigned as Director at Porch Group, Inc..
  - Action: resigned
  - Role: Director
  source text: Margaret Whelan and Thomas D. Hennessy each notified the Company of their decision to resign from the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784535/000110465921106325/0001104659-21-106325-index.htm
- Executive change
  Maurice Tulloch was appointed as Director at Porch Group, Inc..
  - Action: appointed
  - Role: Director
  source text: the Company’s Board of Directors (the “Board”) approved the appointment of Rachel Lam and Maurice Tulloch, effective immediately, to fill vacancies on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784535/000110465921106325/0001104659-21-106325-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.