The earnings call highlighted significant financial achievements, particularly in adjusted EBITDA and surplus generation, indicating strong performance in the insurance segment and strategic positioning for future growth. However, challenges remain due to a sluggish housing market and geographic concentration risks.
Company Guidance
During Porch Group's Q3 2025 earnings call, several key metrics were highlighted to demonstrate the company's strong performance and future outlook. The company reported $21 million in adjusted EBITDA for the quarter, contributing to a year-to-date total of $53.1 million, which exceeds their initial annual target of $50 million. Porch expects to achieve $70 million in adjusted EBITDA for the full year, marking a 10x increase from the previous year. Q3 gross profit was $94 million with an 82% gross margin, while revenue reached $115 million. The insurance segment's conversion rate of reciprocal written premium (RWP) to adjusted EBITDA improved to 18%. RWP for Q3 was $138 million, and the reciprocal surplus increased by $113 million quarter-over-quarter, reaching $412 million. The company also noted a 119% year-over-year increase in year-to-date gross profit and an $88 million improvement in adjusted EBITDA compared to the prior year.
Exceeded Adjusted EBITDA Expectations
The company delivered $21 million in adjusted EBITDA and $29 million in cash flow from operations in Q3, surpassing the initial $50 million target for 2025 within the first nine months.
Significant Surplus Generation
Reciprocal surplus increased by over $100 million quarter-over-quarter to $412 million, setting up for future premium scaling and profit growth.
Strong Insurance Segment Performance
Insurance Services segment posted a 34% adjusted EBITDA margin with a conversion rate improvement from 16% to 18% in Q3.
Software and Data Growth
Software and Data segment posted a 7% revenue increase over the prior year, with a 74% gross margin, due to product innovation and price increases.
Porch Group (PRCH) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PRCH Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 05, 2025
$15.96
$10.63
-33.40%
Aug 05, 2025
$13.16
$16.04
+21.88%
May 06, 2025
$6.34
$10.65
+67.98%
Feb 25, 2025
$3.79
$6.60
+74.14%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Porch Group (PRCH) report earnings?
Porch Group (PRCH) is schdueled to report earning on Mar 03, 2026, After Close (Confirmed).
What is Porch Group (PRCH) earnings time?
Porch Group (PRCH) earnings time is at Mar 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.