---
schema_version: "secwatch.filing_event.v1"
accession: "0001784535-24-000015"
form_type: "8-K"
ticker: "PRCH"
cik: "0001784535"
company_name: "Porch Group, Inc."
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:45:14.210809+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Porch Group Q4 revenue $114.6M (+79% YoY); swings to $11.7M Adj. EBITDA vs -$13.3M loss

## Summary
- Revenue $114.6M (+79% YoY); GAAP net loss narrowed to $2.5M from $35.5M in Q4 2022.
- Adjusted EBITDA $11.7M, a $25M improvement from -$13.3M loss in Q4 2022.
- Insurance segment: gross written premium $112M, ~310k policies; gross loss ratio 36%, combined 49%.
- Cash and investments $397.6M at year-end; approved in 13 states to use property data in pricing.
- Launched new SaaS products: title software, HVAC micro-warranty, back office software for inspectors.

## SEC filing metadata
- accession: 0001784535-24-000015
- form_type: 8-K
- ticker: PRCH
- cik: 0001784535
- company_name: Porch Group, Inc.
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784535/000178453524000015/0001784535-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784535/000178453524000015/prch-20240307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001784535-24-000015
- JSON: https://secwatch.observer/filing/0001784535-24-000015.json
- Plain text: https://secwatch.observer/filing/0001784535-24-000015.txt

## Key facts
- Earnings Releases
  Porch Group, Inc. reported fourth quarter ended December 31, 2023 results: revenue $114.6 million, net income GAAP net loss of $2.5 million.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $114.6 million
  - Net income: GAAP net loss of $2.5 million
  - Result: reported results
  source text: or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today reported fourth quarter results ended December 31, 2023, with total revenue of $114.6 million, which increased 79% compared to the prior year. GAAP net loss of $2.5 million, an improvement from $35.5 million GAAP net loss in the prior year and Adjusted EBI TDA of $11.7
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784535/000178453524000015/0001784535-24-000015-index.htm

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