---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-003729"
form_type: "8-K"
ticker: "PRCH"
cik: "0001784535"
company_name: "Porch Group, Inc."
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T03:37:57.792445+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Porch Group Reports Q4 2022 Revenue of $64.1M, Up 24% YoY, but Net Loss Widens to $35.5M

## Summary
- Revenue grew 24% YoY to $64.1M; net loss widened to $35.5M from $20.1M in Q4 2021.
- Insurance segment impacted by Winter Storm Elliott, adding ~$7M in additional claims costs.
- Announced intention to file for Reciprocal Exchange to reduce direct exposure to claims and weather events.
- Repurchased ~2.4M shares for $4.4M at average price $1.82 under $15M buyback plan.
- 2023 guidance: revenue ~$330-$350M, Adjusted EBITDA loss ~$(30)-(40)M, targeting positive EBITDA in H2 2023.

## SEC filing metadata
- accession: 0001558370-23-003729
- form_type: 8-K
- ticker: PRCH
- cik: 0001784535
- company_name: Porch Group, Inc.
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784535/000155837023003729/0001558370-23-003729-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784535/000155837023003729/prch-20230314x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-003729
- JSON: https://secwatch.observer/filing/0001558370-23-003729.json
- Plain text: https://secwatch.observer/filing/0001558370-23-003729.txt

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