Porch Group Inc. released its earnings results for the fourth quarter (Q4) of 2025, reporting consolidated revenue of USD 124.3 million for the period. Revenue for Porch Shareholder Interest, which includes Insurance Services, Software & Data, and Consumer Services segments, reached USD 112.3 million in Q4 2025. Within these segments, Insurance Services contributed USD 75.7 million, Software & Data delivered USD 22.3 million, and Consumer Services reported USD 16.6 million in revenue. The Reciprocal segment added USD 53.2 million, with eliminations of USD 41.1 million at the consolidated level. The company provided updates on its financial reporting, noting revisions to previously reported quarterly financial information for the second and third quarters of 2025. These revisions relate to the elimination of certain intercompany transactions between the Reciprocal and Porch, resulting in increased revenue and selling and marketing expenses equally on a consolidated basis. The changes also grossed-up total assets and liabilities but had no impact on Porch Shareholder Interest or consolidated net income or net loss attributable to Porch. Porch continues to use non-GAAP financial measures, including Adjusted EBITDA (Loss) and Adjusted EBITDA (Loss) Margin, to provide additional insight into its operating performance. The company also reaffirmed that its guidance and targets for future periods are based on current market conditions and assumptions as of the release date.

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