Earnings ·
Porch Group raises full-year revenue guidance to $506M-$517M after Q2 earnings beat with $140.9M in sales
PRCHPorch Group, Inc.
Porch Group, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026, announcing consolidated revenue of $140.9 million, a 12% year-over-year increase, and net income attributable to Porch of $5.6 million. Adjusted EBITDA (Excluding Reciprocal) grew 150% year-over-year to $39.1 million, driven by Insurance Services revenue of $92.9 million, which rose 38%, and Reciprocal Written Premium reaching $139.8 million. The company raised its full-year 2026 guidance for Porch-Owned Segments Revenue (Excluding Reciprocal) to a range of $506 million to $517 million, representing 21% to 23% year-over-year growth. Additionally, the filing disclosed that outstanding convertible debt stood at $475.1 million as of June 30, 2026. Porch Group operates in the homeowners insurance and technology services industry.