Porch Group

PRCH

Market cap $1.14B

SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a new kind of homeowners insurance company, today announced that Homeowners of America (“HOA”) has launched in Michigan, marking the 22nd state in which HOA operates. This launch supports Porch's broader strategy to expand distribution and drive premium growth and cash flow over time through its insurance platform. “We're pleased to bring HOA's homeowners insurance offering to Michigan and expand our ability.

Porch Group has transitioned to a fee-and-commission manager model, structurally mirroring Erie Indemnity, but trades at a significant valuation discount. Q1 2026 results validate the new model: RWP is up 18% YoY, Insurance Services revenue is up 50%, and Adj EBITDA margin is at 18%, with raised full-year guidance. PRCH's capital base supports substantial premium growth, with reinsurance costs declining 20% and capacity far exceeding near-term targets.

SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch”) (Nasdaq: PRCH), a new kind of homeowners insurance company, today announced its upcoming investor event attendance. Porch Management will be attending and participating in one-on-one and group investor meetings at these upcoming events: May 5, 2026: Stephens Inc. Non-Deal Roadshow (Boston) May 6, 2026: Oppenheimer Non-Deal Roadshow (New York City) May 14, 2026: 21st Annual Needham Technology & Media Conference (Virtual) May 19, 2026: KBW.

Earnings from Porch Group and Lemonade show artificial intelligence (AI) moving into core insurance functions, with measurable effects on claims handling, underwriting and distribution. As detailed in results this past week, Lemonade provides one of the clearest examples of AI applied to claims and servicing.

Porch Group, Inc. (PRCH) Q1 2026 Earnings Call Transcript

Porch Group, Inc. (PRCH) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.1. This compares to earnings of $0.02 per share a year ago.

SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch,” “the Company,” “we,” “our,” “us”) (NASDAQ: PRCH), a new kind of homeowners insurance company, today reported first quarter results through March 31, 2026, that exceeded our expectations. As a result, the Company raised guidance for the remainder of the year. Porch generated for shareholders1 first quarter 2026 revenue of $109.4 million. Net loss attributable to Porch was $(4.7) million, and Adjusted EBITDA was $19.7 million. “Porch Sharehold.

Porch Group (PRCH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch”) (Nasdaq: PRCH), a new kind of homeowners insurance company, announced today it will report financial results for the first quarter ended March 31, 2026, after markets close on Tuesday, April 28, 2026. Q1'26 Earnings Conference Call Porch management will host a live webinar on Tuesday, April 28, 2026, at 5:00 p.m. Eastern (2:00 p.m. Pacific) to discuss financial results and outlook, with a Q&A session to follow. Supporting materials, incl.

Porch Group remains a Buy with a $7.6 price target, projecting 12% upside by year-end. Insurance Services, now nearly 70% of revenue, drives high-margin growth and improved profitability; Q4 revenue grew 24% YoY. The Texas launch of Porch Insurance and data-driven pricing are expected to fuel 20% insurance business growth into 2026.