Porch Group, Inc.
For the period ended Sep 30, 2026. Filed Oct 28, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 28, 2026
PRCH$20.64+4.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| Page | |
|---|---|
| PART I — FINANCIAL INFORMATION | 3 |
| Item 1. Financial Statements | 3 |
| Condensed Consolidated Balance Sheets (Unaudited) | 3 |
| Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) | 5 |
| Condensed Consolidated Statements of Stockholders’ Equity (Deficit) and Noncontrolling Interest (Unaudited) | 6 |
| Condensed Consolidated Statements of Cash Flows (Unaudited) | 8 |
| Notes to Condensed Consolidated Financial Statements (Unaudited) | 9 |
| Note 1. Description of Business and Summary of Significant Accounting Policies | 9 |
| Note 2. Segment Information | 13 |
| Note 3. Variable Interest Entity | 22 |
| Note 4. Revenue | 23 |
| Note 5. Investments | 25 |
| Note 6. Fair Value | 29 |
| Note 7. Property, Equipment, and Software | 33 |
| Note 8. Intangible Assets and Goodwill | 33 |
| Note 9. Debt | 35 |
| Note 10. Stockholders' Equity | 37 |
| Note 11. Stock-Based Compensation | 38 |
| Note 12. Reinsurance for the Reciprocal | 39 |
| Note 13. Unpaid Losses and Loss Adjustment Reserve | 41 |
| Note 14. Other Income (Expense), Net | 41 |
| Note 15. Income Taxes | 42 |
| Note 16. Commitments and Contingencies | 42 |
| Note 17. Net Income (Loss) Attributable To Porch Per Share | 42 |
| Note 18. Subsequent Events | 43 |
| Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations | 45 |
| Business Overview | 46 |
| Recent Developments | 48 |
| Results of Operations | 50 |
| Quarter-to-Date Results | 51 |
| Year-to-Date Results | 58 |
| Key Performance Measures and Operating Metrics | 64 |
| Liquidity and Capital Resources | 65 |
| Non-GAAP Financial Measures | 67 |
| Item 3. Quantitative and Qualitative Disclosures About Market Risk | 72 |
| Item 4. Controls and Procedures | 73 |
| PART II — OTHER INFORMATION | 74 |
| Item 1. Legal Proceedings | 74 |
| Item 1A. Risk Factors | 74 |
| Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities | 75 |
| Item 3. Defaults Upon Senior Securities | 75 |
| Item 4. Mine Safety Disclosures | 75 |
| Item 5. Other Information | 75 |
| Item 6. Exhibits | 76 |
| SIGNATURES | 77 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.