Porch Group, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, with the SEC on October 28, 2026, reporting third-quarter revenue of $143,860 thousand and total assets of $866,486 thousand.

Key Highlights

  • Quarterly revenue of $143,860 thousand for the three months ended September 30, 2026, up from $127,288 thousand in the same period of 2025, according to the filing.
  • Nine-month revenue of $405,865 thousand for the nine months ended September 30, 2026, compared to $358,110 thousand in the prior-year period.
  • Quarterly operating income of $18,090 thousand for Q3 2026, versus $16,335 thousand in Q3 2025.
  • Income before income taxes of $8,018 thousand for the three months ended September 30, 2026, compared to $3,340 thousand for the same quarter in 2025.
  • Total assets of $866,486 thousand as of September 30, 2026, up from $797,423 thousand as of December 31, 2025.
  • Cash and cash equivalents of $80,063 thousand as of September 30, 2026, compared to $44,676 thousand at year-end 2025.
  • 132,644,086 shares of common stock outstanding as of October 23, 2026, including shares held by an affiliate and subsidiary treated as treasury shares for GAAP purposes.

Porch Group Reports Q3 2026 Financial Results and Balance Sheet Position

According to the Form 10-Q filed for the quarterly period ended September 30, 2026, Porch Group, Inc. (NASDAQ:PRCH) reported revenue of $143,860 thousand for the third quarter, compared to $127,288 thousand in the third quarter of 2025. Gross profit for the quarter was $107,869 thousand, up from $96,153 thousand in the year-ago period. Operating expenses included selling and marketing of $43,461 thousand, product and technology of $15,913 thousand, and general and administrative costs of $30,405 thousand, the filing disclosed.

For the nine months ended September 30, 2026, the company reported revenue of $405,865 thousand and operating income of $25,792 thousand, versus $358,110 thousand and $20,118 thousand, respectively, in the same period of 2025. Interest expense for the nine-month period was $44,507 thousand, compared to $37,265 thousand in the prior-year period, according to the filing. The nine-month period showed a loss before income taxes of $1,806 thousand, contrasted with income before income taxes of $15,139 thousand in the nine months ended September 30, 2025.

The condensed consolidated balance sheet as of September 30, 2026 showed total liabilities of $836,805 thousand and total stockholders' equity of $29,665 thousand. Long-term debt stood at $391,879 thousand, versus $385,060 thousand at December 31, 2025. The filing notes that Porch Reciprocal Exchange, described as "a consolidated variable interest entity not owned by Porch Group, Inc.," contributes assets and liabilities that are consolidated into the financial statements, including $143,387 thousand in cash and cash equivalents (including restricted) and $169,841 thousand in long-term investments as of September 30, 2026. The registrant also disclosed that 16,220,158 shares held by Porch Reciprocal Exchange and 2,092,050 shares held by a wholly owned captive reinsurance business are considered treasury shares for GAAP accounting purposes and are not entitled to vote.

What Was Disclosed

Porch Group filed its Form 10-Q for the quarter ended September 30, 2026, disclosing quarterly revenue of $143,860 thousand, operating income of $18,090 thousand, total assets of $866,486 thousand, and 132,644,086 shares of common stock outstanding as of October 23, 2026.