secwatch.observer — SEC 8-K summary
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Issuer:     Porch Group, Inc. (PRCH)
CIK:        0001784535
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001784535-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Porch Group Q4 beats, Adj EBITDA $23.5M; guides 2026 Adj EBITDA $98-105M
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- Porch Shareholder Interest Q4 revenue $112.3M; net loss $(3.5)M; Adjusted EBITDA $23.5M.
- Reciprocal Written Premium Q4 $125.7M, full year $480.9M; gross loss ratio 27% best-in-class.
- 2026 guidance: Porch Shareholder Interest Adj EBITDA $98-105M; RWP target $600M (+25% YoY).
- Q4 statutory surplus at Reciprocal $155.1M, up $49.4M YoY; surplus+non-admitted assets $289.4M.
- Active agencies and quotes each >100% YoY; new customer RWP in Nov-Dec accelerated 61% and 104% vs prior avg.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1784535/000178453526000004/0001784535-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1784535/000178453526000004/prch-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001784535-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer