Porch Group, Inc. reported first quarter 2025 results on May 6, 2025, exceeding expectations and leading to an increase in its 2025 guidance. Revenue for Porch Shareholder Interest reached $84.5 million.
The company achieved a net income attributable to Porch of $8.4 million and Adjusted EBITDA of $16.9 million, marking a $33.6 million increase compared to the prior year. Gross margin for Porch Shareholder Interest was 82%.
Operating cash flow for Porch shareholders was $27.2 million, including a $7 million receipt from the Vesttoo bankruptcy process. Porch raised its 2025 guidance for Shareholder Interest, projecting revenue between $400 million and $420 million, gross profit between $320 million and $335 million, and Adjusted EBITDA between $60 million and $70 million.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.