Porch Group reports Q3 EPS (10c), consensus (5c)

Reports Q3 revenue $118.1M, consensus $114.42M. “We’re proud to report another strong quarter-one in which we delivered Adjusted EBITDA of $20.6 million, generated $28.8 million of Porch Shareholder Interest Cash Flow from Operations, and importantly, further increased surplus combined with non-admitted assets to $412.0 million at the Reciprocal. We will continue to prioritize Reciprocal surplus generation through Q4, creating the capacity to scale premiums and profits rapidly in 2026 and beyond,” said Matt Ehrlichman, Chief Executive Officer, Chairman and Founder.