{"schema_version":"secwatch.filing_event.v1","accession":"0001784535-24-000061","form_type":"8-K","ticker":"PRCH","cik":"0001784535","company_name":"Porch Group, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.087730+00:00","generated_at":"2026-06-02T12:15:48.653292+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Porch Group Q1 revenue $115.4M (+32%), net loss improves to $13.4M, raises FY Adjusted EBITDA guidance","bullets":["Revenue $115.4M (+32% YoY), driven by Insurance segment premium per policy increases.","GAAP net loss $13.4M (improvement of $25.4M vs Q1 2023); Adjusted EBITDA loss $16.8M ($5.1M improvement).","Insurance segment: 71% current accident year gross loss ratio, 97% gross combined ratio; $36M net catastrophic weather claims.","Sold EIG insurance agency for ~$12M; repurchased $8M principal of 2026 notes for $3M cash.","Raised full-year Adjusted EBITDA guidance; $413.2M cash and investments at March 31, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001784535-24-000061","json":"https://secwatch.observer/filing/0001784535-24-000061.json","markdown":"https://secwatch.observer/filing/0001784535-24-000061.md","text":"https://secwatch.observer/filing/0001784535-24-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784535/000178453524000061/0001784535-24-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784535/000178453524000061/prch-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T12:15:48.653292+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":"fbf9e021a81d4310d388f10b72ef4e295d7f78de","claim":"Porch Group, Inc. updated its first quarter ended March 31, 2024 guidance (raised).","evidence_excerpt":"On May 8, 2024, Porch Group, Inc. (the “Company”) issued an earnings release announcing financial results for its first quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1784535/000178453524000061/0001784535-24-000061-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Guidance","value":"raised"},{"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"}