---
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"
generated_at: "2026-05-26T04:51:06.381825+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Porch Group beats Q4 with $30.5M net income, raises 2025 Adj. EBITDA guidance to $60M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001784535-25-000009
- JSON: https://secwatch.observer/filing/0001784535-25-000009.json
- Plain text: https://secwatch.observer/filing/0001784535-25-000009.txt

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