Porch Group, Inc. PRCH

What this company does

Porch continues to manage and operate the Reciprocal, providing services such as underwriting, policy renewal, risk and portfolio management, financial oversight, and investment guideline setting. As of December 31, 2025, it had a total of 803 employees, which includes 799 full-time employees. It has relationships with approximately 24 thousand companies that support consumers through the home transaction. Porch operates through four segments: three that it owns, Insurance Services, Software & Data, and Consumer Services, and a fourth, the Reciprocal Segment, which it manages but does not own. Its Insurance Services segment earns management fees from the Reciprocal in exchange for managing and operating its business. Its Software & Data segment provides software, on a subscription and predominantly transactional basis, to inspection, mortgage, title, and roofing companies. Its Consumer Services segment provides warranty products through Porch Warranty and other warranty brands, and also provides moving-related services such as movers, TV/Internet, and security. The Reciprocal Segment provides policyholders with insurance to protect their homes, earning revenue primarily through premiums collected on policies.

Written from the business description in Porch Group, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 20 February 2026. Every sentence was checked against that document before publication.