Porch Group, Inc.

For the period ended Dec 31, 2025. Filed Feb 20, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 20, 2026

PRCH$21.95+6.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Financial Statements and Supplementary Data

Index to Consolidated Financial Statements

	Page
Report of Independent Registered Public Accounting Firm (PCAOB ID 248)	76
Consolidated Financial Statements:
Consolidated Balance Sheets	77
Consolidated Statements of Operations and Comprehensive Loss	79
Consolidated Statements of Stockholders’ Equity (Deficit)	80
Consolidated Statements of Cash Flows	81
Notes to Consolidated Financial Statements	83

Note 1. Description of Business and Summary of Significant Accounting Policies	83
Note 2. Segment Information	94
Note 3. Variable Interest Entity	99
Note 4. Revenue	100
Note 5. Investments	102
Note 6. Fair Value	107
Note 7. Property, Equipment, and Software	111
Note 8. Intangible Assets and Goodwill	111
Note 9. Debt	113
Note 10. Stockholders' Equity and Warrants	118
Note 11. Stock-Based Compensation	119
Note 12. Income Taxes	123
Note 13. 401(k) Savings Plan	128
Note 14. Business Disposition	128
Note 15. Leases	128
Note 16. Reinsurance for the Reciprocal	129
Note 17. Unpaid Losses and Loss Adjustment Reserve	132
Note 18. Other Income (Expense), Net	134
Note 19. Commitments and Contingencies	134
Note 20. Net Income (Loss) Per Share	136
Schedule I: Condensed Financial Information of Registrant	138

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.