Porch Group Reports Third Quarter 2026 Results

Matt Ehrlichman, CEO, Chairman and Founder of Porch Group

“Porch continues to execute at a high level. In Q3, we rapidly grew Reciprocal Policies Written(1) 42% year-over-year, more than doubled Adjusted EBITDA (Excluding Reciprocal)(2 )versus the prior-year period, generated strong Adjusted EBITDA (Excluding Reciprocal)(2) conversion to cash for Porch shareholders, further improved our leverage ratio to the low end of our targeted range, and raised our full-year outlook again. Importantly, Insurance Services is operating as a Rule of 80 business in a soft insurance market, reinforcing our confidence that the model we have built can perform across market cycles. Our proprietary data, disciplined underwriting, expanding distribution, and largely fixed cost base are creating a powerful combination of growth and operating leverage.”

Matt Ehrlichman, CEO, Chairman and Founder of Porch Group

“With that organic foundation firmly in place, we are excited to further accelerate our growth through the pending acquisition of Allied Trust. This is a high-quality insurance business that would add scale, products, geographic reach, an experienced team, and more than a decade of operating data. We believe Porch can make those assets even more valuable over time through our proprietary property data, distribution network, and insurance operating capabilities. Allied Trust is expected to strengthen an already compelling growth profile and position Porch for a meaningful step forward in 2027.”