Porch Group Inc. Raises 2025 Revenue Guidance to $405M-$425M, Boosts Gross Profit Outlook by $7.5M

Reuters
Aug 06
Porch Group Inc. Raises 2025 Revenue Guidance to $405M-$425M, Boosts Gross Profit Outlook by $7.5M

Porch Group Inc. released its financial results for the second quarter of 2025, highlighting significant growth in several key areas. For Porch Shareholder Interest, which includes Insurance Services, Software & Data, and Consumer Services segments, revenue reached $107.0 million. This figure includes contributions from the Insurance Services, Software & Data, and Consumer Services segments while accounting for corporate eliminations. The company also reported a notable increase in gross profit for the second quarter of 2025, amounting to $89.2 million. This represents a substantial rise of 431% or $72.4 million compared to the consolidated gross profit of $16.8 million in Q2 2024. For the full year 2025, Porch Group has updated its guidance for Porch Shareholder Interest, projecting revenue in the range of $405 million to $425 million, up from the previous forecast of $400 million to $420 million. Gross profit guidance has also been raised to between $328 million and $342 million, compared to the earlier range of $320 million to $335 million. Furthermore, the company has adjusted its EBITDA forecast, now anticipating between $65 million and $70 million, slightly higher at the mid-point than the previous guidance of $60 million to $70 million. These updates reflect Porch Group's optimistic outlook for its operations, driven by its core business segments and strategic initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Porch Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250805469259) on August 05, 2025, and is solely responsible for the information contained therein.

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