{"schema_version":"secwatch.filing_event.v1","accession":"0001784535-23-000046","form_type":"8-K","ticker":"PRCH","cik":"0001784535","company_name":"Porch Group, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.423440+00:00","generated_at":"2026-06-08T16:49:15.934826+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Porch Group Q3 revenue $129.6M (+67% YoY), first positive Adj. EBITDA $8.8M; HOA released from TDI supervision","bullets":["GAAP net loss narrowed to $5.7M from $84.5M YoY; Adj. EBITDA improved to +$8.8M from -$10.9M.","Insurance segment revenue $95.2M (+195% YoY); gross loss ratio 39%, combined ratio 58%.","Vertical Software revenue $34.3M (-24% YoY) due to mix shift; segment Adj. EBITDA margin 9%.","HOA released from Texas Department of Insurance supervision after $57M investment for surplus note and Vesttoo fraud claims.","Unrestricted cash plus investments $458.4M; $49M surplus note issued to HOA."],"urls":{"canonical":"https://secwatch.observer/filing/0001784535-23-000046","json":"https://secwatch.observer/filing/0001784535-23-000046.json","markdown":"https://secwatch.observer/filing/0001784535-23-000046.md","text":"https://secwatch.observer/filing/0001784535-23-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784535/000178453523000046/0001784535-23-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784535/000178453523000046/prch-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T16:49:15.934826+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":"3cc338d2d030d3dee613349da90740e6682353fa","claim":"Porch Group, Inc. reported the quarter ended September 30, 2023 results: revenue $129.6 million, net income $(5.7) million.","evidence_excerpt":"software company reinventing the home services and insurance industries, today reported third quarter results for the Company as of September 30, 2023, with total revenue of $129.6 million, which increased 67% compared to the prior year, and Adjusted EBI TDA of $8.8 million, which increased $19.7 million compared to the prior year. GAAP net loss of $(5.7) million,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1784535/000178453523000046/0001784535-23-000046-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$129.6 million"},{"label":"Net income","value":"$(5.7) million"},{"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"}