Porch Group Q2 revenue $140.9M (+12% YoY), net income $5.6M, raises guidance

Porch Group, Inc.

Consolidated revenue $140.9M (+12% YoY); Porch-Owned Segments Revenue $131.8M (+23% YoY).
Net income attributable to Porch $5.6M; Adjusted EBITDA (Excluding Reciprocal) $39.1M (+150% YoY).
Insurance Services revenue $92.9M (+38% YoY); Reciprocal Policies Written up 38% YoY.
Raised full-year guidance across all metrics after Q2 beat.
Reciprocal statutory surplus $169.9M (+33% YoY); capacity supports premium growth.

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