earnings
confidence high
sentiment positive
materiality 0.75
Porch Group Q1 revenue $109.4M, Adj EBITDA $19.7M; raises full-year guidance
Porch Group, Inc.
2026-Q1 EPS reported
-$0.04
revenue$121,123,000
- Q1 2026 revenue $109.4M (Porch Shareholder Interest); consolidated revenue $121.1M. Net loss $(4.7)M, Adj EBITDA $19.7M.
- Insurance Services revenue up 50% YoY to $74.7M; segment Adj EBITDA $27.5M.
- Reciprocal Written Premium $114.5M (+18% YoY); Policies Written 48.0k (+33% YoY).
- Cash & investments $134.1M; convertible debt $475.1M outstanding; share repurchase completed (0.3M shares for $2.5M).
- Company raised full-year 2026 guidance after Q1 exceeded expectations; management confident in premium-scaling targets.