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Porch Group — Third Quarter 2026 Earnings Summary

  • Consolidated revenue rose 13% YoY to $143.9 million, driven by a 39% YoY surge in Insurance Services to $102.8 million; Adjusted EBITDA (Excluding Reciprocal) more than doubled to $44.5 million, up 116% YoY.
  • Management raised full-year 2026 guidance for Porch-Owned Segments, projecting Revenue of $518–$523 million, Gross Profit of $438–$443 million, and Adjusted EBITDA of $135–$140 million.
  • Porch Group entered a definitive agreement to acquire Allied Trust for approximately $150 million in cash and stock, with closing expected in Q1 2027 to accelerate growth and expand scale.
  • Cash and cash equivalents (excluding Reciprocal) increased to $80.1 million in Q3 2026, while $7.8 million of 2026 Notes were repaid during the quarter.
Company
PORCH GROUP INC
Sector
Technology
Industry
Software - Application