earnings
confidence high
sentiment positive
materiality 0.85
Porch Q2 beats expectations; Adj EBITDA $15.6M, raises FY guidance
Porch Group, Inc.
2025-Q2 EPS reported
$0.10
revenue$224,040,000
- Porch Shareholder Interest revenue $107.0M; Adj EBITDA $15.6M (improved $50.4M YoY); Gross Profit $89.2M (+431% YoY).
- Raised FY2025 guidance: revenue $405M-$425M, Gross Profit $328M-$342M, Adj EBITDA $65M-$70M (mid-point up $2.5M).
- Reciprocal surplus $299.2M (up $259M YoY); Written Premium $120.7M on 42.5K policies; 24.2K software companies at $3,974 ARR.
- Repurchased $11.8M of 2026 Notes at 96.5% par; total convertible debt outstanding $487.9M; cash & investments $117.5M.
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