Porch Group, Inc. (PRCH)
NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-11-04
$21.56+0.19%
Close 2026-11-04 · 1-day change
NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-11-04
QuarterlyIQ Insights · PRCH
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within financials on a research-validated quality screen. As of 2026-11-04.
The screen ranks PRCH against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 57% of the time over the next year (vs 59% for the rest of the cohort, n=7714).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
In Q3, we rapidly grew Reciprocal Policies Written¹ 42% year-over-year, more than doubled Adjusted EBITDA (Excluding Reciprocal)² versus the prior-year period, generated strong Adjusted EBITDA (Exclu…
Stated in 3 of 3 supplied quarters. Management reported: “In Q3, we rapidly grew Reciprocal Policies Written¹ 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.” “• Reciprocal Policies Written 3 grew 38% YoY, an acceleration in the rate of year-over-year growth relative to Q1 2026 (33% year-over-year).”
“In Q3, we rapidly grew Reciprocal Policies Written¹ 42% year-over-year, more than doubled Adjusted EBITDA (Excluding Reciprocal)² versus the prior-year period, generated strong Adjusted EBITDA (Exclu…”
“• Reciprocal Policies Written 3 grew 38% YoY, an acceleration in the rate of year-over-year growth relative to Q1 2026 (33% year-over-year).”
“As such, we’re raising our outlook and remain confident in our 2026 premium-scaling targets 5 ,” said Matt Ehrlichman, Chief Executive Officer, Chairman and Founder.”
Our proprietary data, disciplined underwriting, expanding distribution, and largely fixed cost base are creating a powerful combination of growth and operating leverage.
Stated in 3 of 3 supplied quarters. Management reported: “Our proprietary data, disciplined underwriting, expanding distribution, and largely fixed cost base are creating a powerful combination of growth and operating leverage.” “Porch-Owned Segments Full-Year 2026 Financial Outlook Financial guidance represents the businesses owned by Porch, and does not include the future expected results of the Reciprocal which is owned by its policyholder-members and not by Porch.”
“With that organic foundation firmly in place, we are excited to further accelerate our growth through the pending acquisition of Allied Trust.
Stated in 1 of 3 supplied quarters. Management reported: ““With that organic foundation firmly in place, we are excited to further accelerate our growth through the pending acquisition of Allied Trust.” “The acquisition is expected to add approximately $200 million of Reciprocal Written Premium (“RWP”) i and approximately $25 million of Adjusted EBITDA (Excluding Reciprocal) to Porch.”
““With that organic foundation firmly in place, we are excited to further accelerate our growth through the pending acquisition of Allied Trust.”
• Capacity continued to build: statutory surplus at the Porch Reciprocal Exchange (the “Reciprocal”) ended Q2 2026 at $169.9 million, up 33% versus Q2 2025 and up 3% versus Q1 2026.
Stated in 2 of 3 supplied quarters. Management reported: “• Capacity continued to build: statutory surplus at the Porch Reciprocal Exchange (the “Reciprocal”) ended Q2 2026 at $169.9 million, up 33% versus Q2 2025 and up 3% versus Q1 2026.” “Surplus combined with non-admitted assets ended at $268.8 million, supporting our ability to scale premiums long into the future while maintaining a healthy Reciprocal.”
Maintain and grow the statutory surplus of the Porch Reciprocal to support premium scaling and financial stability.
Over the trailing year it converted 2.52x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
14 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated neutral grew net income 60% of the time over the next year (vs 58% for the rest of the cohort, n=10134).
Not investment advice. As of 2026-11-04.
“Our proprietary data, disciplined underwriting, expanding distribution, and largely fixed cost base are creating a powerful combination of growth and operating leverage.”
“With strong capacity, expanding top-of-funnel activity, and rapid policy growth, we believe Porch is increasingly positioned for sustained profitability, a stronger balance sheet profile, and discipl…”
“We built the foundation in 2025 as we transitioned to a simpler, higher margin, fee‑ and commission‑based model.”
“• Capacity continued to build: statutory surplus at the Porch Reciprocal Exchange (the “Reciprocal”) ended Q2 2026 at $169.9 million, up 33% versus Q2 2025 and up 3% versus Q1 2026.”
“Surplus combined with non-admitted assets ended at $268.8 million, supporting our ability to scale premiums long into the future while maintaining a healthy Reciprocal.”