The earnings call highlighted strong financial performance with significant increases in gross profit and adjusted EBITDA, substantial growth in reciprocal surplus, and raised guidance for 2025. While the housing market remains soft, the company's strategic focus on insurance services and capital optimization appears to be driving positive outcomes.

Company Guidance -

Q3 2025

During the Porch Group's Second Quarter 2025 Conference Call, the company announced strong financial results exceeding expectations, with key metrics including a revenue of $107 million, primarily generated from $121 million of reciprocal written premium. The Q2 gross profit stood at $89 million, marking a 431% increase over the previous year with gross margins remaining above 80%. The adjusted EBITDA for the quarter was $16 million, representing a 15% margin and a $50 million improvement from the prior year, while cash flow from operations for Porch shareholders was $15 million. The company also reported a significant increase in surplus, with the reciprocal ending the quarter with $299 million in surplus combined with non-admitted assets, a $102 million growth from the last quarter. As a result, the company raised its 2025 guidance, expecting revenue to range from $405 million to $425 million, gross profit from $328 million to $342 million, and adjusted EBITDA between $65 million and $70 million.

Surplus Growth of Reciprocal Exchange

The reciprocal ended Q2 with $299 million in surplus combined with non-admitted assets, an increase of $102 million versus last quarter and $259 million versus Q2 2024.

Significant Increase in Gross Profit

Q2 gross profit reached $89 million, a 431% increase and $72 million improvement over the prior year, maintaining gross margins north of 80%.

Record Adjusted EBITDA

Q2 adjusted EBITDA was $16 million, an improvement of $50 million versus the prior year, resulting in a 15% margin.

Strong Revenue Performance

Q2 2025 revenue for Porch shareholder interest was $107 million, with insurance services contributing 63% of the total revenue.

Raised 2025 Guidance

The company increased 2025 revenue guidance by $5 million and raised adjusted EBITDA midpoint by $2.5 million.

Successful Capital Structure Optimization

Settled all but $20.5 million of 2026 convertible notes and refinanced $153 million of 2026 unsecured convertible notes.

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

Daily Earnings Calendar >

PRCH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	-0.02 / -	0.12	―	―	―
Aug 05, 2025	2025 (Q2)	-0.09 / 0.03	-0.65	104.62% (+0.68)
May 06, 2025	2025 (Q1)	-0.11 / 0.08	-0.14	157.14% (+0.22)
Feb 25, 2025	2024 (Q4)	0.06 / 0.30	-0.03	1116.67% (+0.33)
Nov 07, 2024	2024 (Q3)	-0.31 / 0.12	-0.06	300.00% (+0.18)
Aug 06, 2024	2024 (Q2)	-0.53 / -0.65	-0.91	28.57% (+0.26)
May 08, 2024	2024 (Q1)	-0.34 / -0.14	-0.41	65.85% (+0.27)
Mar 07, 2024	2023 (Q4)	-0.21 / -0.03	-0.36	91.67% (+0.33)
Nov 07, 2023	2023 (Q3)	-0.26 / -0.06	-0.88	93.18% (+0.82)
Aug 08, 2023	2023 (Q2)	-0.48 / -0.91	-0.27	-237.04% (-0.64)

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
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%
Nov 07, 2024	$2.33	$3.62	+55.36%

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 Nov 11, 2025, After Close (Confirmed).

What is Porch Group (PRCH) earnings time?

Porch Group (PRCH) earnings time is at Nov 11, 2025, 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.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PRCH EPS forecast?

PRCH EPS forecast for the fiscal quarter 2025 (Q3) is -0.02.

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