{"schema_version":"secwatch.filing_event.v1","accession":"0001784535-25-000009","form_type":"8-K","ticker":"PRCH","cik":"0001784535","company_name":"Porch Group, Inc.","filed_at":"2025-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.843882+00:00","generated_at":"2026-05-26T04:51:06.381825+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Porch Group beats Q4 with $30.5M net income, raises 2025 Adj. EBITDA guidance to $60M","bullets":["Q4 2024 revenue $100.4M (-12% YoY); GAAP net income $30.5M vs. net loss $2.5M a year ago.","Adjusted EBITDA $41.8M, up $30.1M YoY, beating expectations and marking record quarterly Adj. EBITDA.","Insurance segment: 206K policies in force, gross loss ratio improved to 21% (from 36%); premium per policy +31%.","Formed Porch Insurance Reciprocal Exchange in Jan 2025; sold insurance carrier into PIRE, holds $106M surplus notes at 9.75%+SOFR.","2025 Adj. EBITDA guidance raised to ~$60M midpoint; Q1 2025 new business premiums double vs. prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001784535-25-000009","json":"https://secwatch.observer/filing/0001784535-25-000009.json","markdown":"https://secwatch.observer/filing/0001784535-25-000009.md","text":"https://secwatch.observer/filing/0001784535-25-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784535/000178453525000009/0001784535-25-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784535/000178453525000009/prch-20250225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T04:51:06.381825+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"}