Porch reported FY 2025 revenue of USD 482.41 million (+10%) and net income of USD 15.32 million, while net loss attributable to shareholders was USD 3.36 million. Operating income was USD 36.57 million, and Adjusted EBITDA was USD 76.6 million (Adjusted EBITDA margin: 16%). Interest expense totaled USD 51.57 million (+21%), and income tax provision was USD 11.42 million. The company highlighted the January 2025 formation of Porch Reciprocal Exchange and the sale of Homeowners of America into the reciprocal, with Porch continuing to manage the reciprocal and earning commissions and fees; it also held about USD 106 million of surplus notes due from the reciprocal (9.75% plus SOFR). Full-year Reciprocal Written Premium (RWP) was USD 480.9 million, with Insurance Services converting RWP to Adjusted EBITDA at 21%. Porch also completed a May 2025 debt refinancing, issuing USD 134 million of 9.00% convertible notes due 2030 and reducing outstanding principal on its 2026 notes to USD 7.8 million by year-end.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001784535-26-000008), on February 20, 2026, and is solely responsible for the information contained therein.
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