Porch Group Inc 2026年季度报告

FORM 10-Q (Mark One) Porch Group, Inc. (Exact name of registrant as specified in its charter)___________________________________________________________ 411 1Avenue S., Suite 501, Seattle, WA 98104(Address of Principal Executive Offices) (Zip Code)(855) 767-2400(Registrant’s telephone number, including area code)N/A(Former name, former address and former fiscal year, if changed since last report)___________________________________________________________st Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growthcompany. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the ExchangeAct. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YesNo The number of outstanding shares of the registrant’s common stock as of April23, 2026, was 127,715,478. This includes 18,312,208 shares of common stock held by PorchReciprocal Exchange, the registrant’s affiliate. These shares held by our affiliate are considered treasury shares for GAAP accounting purposes and under Delaware law arenot considered outstanding for quorum and are not entitled to vote. Table of Contents PART I — FINANCIAL INFORMATION PORCH GROUP, INC.Condensed Consolidated Balance Sheets (Unaudited)(all numbers in thousands unless otherwise stated, except per share data) The accompanying notes are an integral part of these unaudited Condensed Consolidated Financial Statements. PORCH GROUP, INC.Condensed Consolidated Balance Sheets (Unaudited) - Continued(all numbers in thousands unless otherwise stated, except per share data) PORCH GROUP, INC.Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)(all numbers in thousands unless otherwise state, except per share data) PORCH GROUP, INC.Condensed Consolidated Statements of Stockholders’ Equity (Deficit) and Noncontrolling Interest (Unaudited)(all numbers in thousands unless otherwise stated, except per share data) PORCH GROUP, INC.Condensed Consolidated Statements of Cash Flows (Unaudited)(all numbers in thousands) PORCH GROUP, INC.Notes to Condensed Consolidated Financial Statements (Unaudited)(all numbers in thousands unless otherwise stated, except per share data) Note 1. Description of Business and Summary of Significant Accounting Policies Description of Business Porch Group, Inc., together with its consolidated subsidiaries, (“Porch,” the “Company,” “we,” “our,” “us”) is a new kind of homeownersinsurance company—one designed to stand out in a massive and growing market. Our strategy is built on three differentiators that set usapart. 1.Advantaged Underwriting Through Proprietary Data Leveraging unique property insights, we can assess risk with greater precision, enabling competitive pricing for low-riskcustomers and avoiding high-risk customers, while delivering superior underwriting performance. 2.Best Services for Homebuyers We are committed to being the go-to partner during one of life’s most significant transitions—buying a home—by offeringservices that simplify moving and home setup. 3.More Protection We combine homeowners insurance with home warranty, filling coverage gaps and reducing unexpected costs for consumers. Beyond insurance, Porch is a leader in the home software-as-a-service (“SaaS”) space, serving approximately 22 thousand companiesacross industries essential to the home-buying process—home inspectors, title companies, mortgage providers, and more.Our deeprelationships and proprietary data give us unique visibility into approximately 90% of U.S. homebuyers and approximately 90% of U.S.homes, enabling superior risk assessment and competitive pricing. Our mission is to be the best homeowners insurance partner for homebuyers, offering more than just coverage. Through the Porch app, weprov