{"schema_version":"secwatch.filing_event.v1","accession":"0001784535-24-000137","form_type":"8-K","ticker":"PRCH","cik":"0001784535","company_name":"Porch Group, Inc.","filed_at":"2024-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.613684+00:00","generated_at":"2026-05-30T03:43:06.789402+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Porch Group reports Q3 GAAP net income $14.4M; Reciprocal Exchange approved","bullets":["Total revenue $111.2M (down 14% YoY due to prior year Vesttoo benefit); GAAP net income $14.4M vs loss $5.7M.","Adjusted EBITDA $16.9M, up $8.1M YoY; Insurance attritional loss ratio improved to 21% from 32%.","Texas Department of Insurance approved Reciprocal Exchange formation; CEO calls it key milestone for higher margin, predictable insurance profile.","Repurchased $43M aggregate principal of 2026 unsecured notes for $20M cash; cash and investments $404.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001784535-24-000137","json":"https://secwatch.observer/filing/0001784535-24-000137.json","markdown":"https://secwatch.observer/filing/0001784535-24-000137.md","text":"https://secwatch.observer/filing/0001784535-24-000137.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784535/000178453524000137/0001784535-24-000137-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784535/000178453524000137/prch-20241107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T03:43:06.789402+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}