Brief: Porch Group Q2 Adjusted EBITDA USD 15.6 Million Vs. IBES Estimate USD 10.8 Million

Porch

05/08/2025 21:02

Overview

Porch Group Q2 revenue rises to $107 mln

Adjusted EBITDA for Q2 at $15.6 mln, beating analyst estimates, per LSEG data

Outlook

Porch raises 2025 revenue guidance to $405 mln-$425 mln

Porch increases 2025 gross profit guidance to $328 mln-$342 mln

Porch lifts 2025 adjusted EBITDA guidance to $65 mln-$70 mln

Result Drivers

PARTNERSHIPS - Renewed and new insurance agency partnerships, including Goosehead Insurance, contributed to Q2 results

RECIPROCAL EXCHANGE - Formation of Porch Reciprocal Exchange impacts reporting and financial results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EBITDA
Beat
$15.60 mln
$10.80 mln (6 Analysts)
Q2 Cash & Investments
$117.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Porch Group Inc is $14.50, about 11.3% above its August 4 closing price of $12.86

The stock recently traded at 149 times the next 12-month earnings vs. a P/E of 288 three months ago

Press Release: ID:nBw96sQY2a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)