{"schema_version":"secwatch.filing_event.v1","accession":"0001784535-25-000046","form_type":"8-K","ticker":"PRCH","cik":"0001784535","company_name":"Porch Group, Inc.","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.706760+00:00","generated_at":"2026-05-22T13:18:12.165508+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 Q1 beats, raises full-year guidance; Adj. EBITDA $16.9M (up $33.6M YoY)","bullets":["Porch Shareholder Interest Q1 revenue $84.5M, net income $8.4M, Adj. EBITDA $16.9M vs -$16.8M a year ago.","Gross profit $69.1M, up 86% YoY; gross margin 82%.","Raised FY2025 guidance: revenue $400-420M (prev $390-410M), Adj. EBITDA $60-70M (prev $55-65M).","Sold HOA carrier to Reciprocal; holds $106M surplus notes at SOFR+9.75%; Reciprocal surplus $198M.","Porch Shareholder cash+investments $113.8M; convertible debt $507.1M outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001784535-25-000046","json":"https://secwatch.observer/filing/0001784535-25-000046.json","markdown":"https://secwatch.observer/filing/0001784535-25-000046.md","text":"https://secwatch.observer/filing/0001784535-25-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784535/000178453525000046/0001784535-25-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784535/000178453525000046/prch-20250506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T13:18:12.165508+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"}