{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-016882","form_type":"8-K","ticker":"PRCH","cik":"0001784535","company_name":"Porch Group, Inc.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.103739+00:00","generated_at":"2026-06-22T04:16:32.671225+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Porch Group Q3 revenue $75.4M (+20% YoY); net loss $86.4M; cuts 2022 guidance","bullets":["GAAP net loss $86.4M includes $57.1M goodwill impairment vs $5.1M loss a year ago.","Adjusted EBITDA loss $13.0M (-17.2% of revenue) vs $0.9M profit in Q3 2021.","2022 revenue guidance lowered to ~$275M from ~$290M; adj. EBITDA now ~-17% vs prior ~-10%.","Insurance revenue $30.9M with $157M gross written premium; cost of revenue hurt by Hurricane Ian.","Board authorized up to $15M repurchase of common stock or convertible notes through June 30, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-016882","json":"https://secwatch.observer/filing/0001558370-22-016882.json","markdown":"https://secwatch.observer/filing/0001558370-22-016882.md","text":"https://secwatch.observer/filing/0001558370-22-016882.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784535/000155837022016882/0001558370-22-016882-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784535/000155837022016882/prch-20221108x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T04:16:32.671225+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"29d1e92dc6e9759bdda3248ec05f383065dfdcae","claim":"Porch Group, Inc. reported quarter ended September 30, 2022 results: revenue $75.4 million, net income $86.4 million net loss.","evidence_excerpt":"99.1 to this Current Report on Form 8-K and is incorporated herein by reference. ​ --- EX-99.1 (EX-99.1) --- ​ Porch Group Reports Third Quarter 2022 Results ​ - Reports $75.4 Million of Revenue, up 20% Year-Over-Year ​ - Announces Authorization of Up to $15 Million Repurchase Program ​ - Provides Updated 2022 Guidance; Reflecting Weather and Housing Market","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1784535/000155837022016882/0001558370-22-016882-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2022"},{"label":"Revenue","value":"$75.4 million"},{"label":"Net income","value":"$86.4 million net loss"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}