Porch Group, Inc. (NASDAQ: PRCH) saw its stock price surge 9.72% in Wednesday's trading session following the release of its third-quarter 2025 financial results. The company, which positions itself as a new kind of homeowners insurance company, reported earnings that exceeded market expectations, driven primarily by strong performance in its Insurance Services segment.
Key highlights from Porch Group's Q3 2025 results include: - Revenue of $115.1 million, surpassing the IBES estimate of $111.2 million - Adjusted EBITDA of $20.6 million, significantly above the IBES estimate of $16.7 million - Cash and investments totaling $132.1 million - Net income loss of $10.9 million, showing improvement in profitability
The company's Insurance Services segment played a crucial role in the strong quarterly performance. CEO Matt Ehrlichman emphasized the importance of the Porch Reciprocal Exchange, which saw its surplus combined with non-admitted assets increase to $412.0 million by the end of Q3. This substantial growth in surplus positions the company for rapid premium and profit scaling in 2026 and beyond. Additionally, Porch Group raised its full-year 2025 guidance for Gross Profit and Adjusted EBITDA, further boosting investor confidence in the company's growth trajectory.