Porch Group Q3 2026 revenue rises 13% to $143.9 million

what happened

According to TradingView, which summarized the company's 10-Q filing, Porch Group posted third-quarter 2026 revenue of $143.9 million, against $127.3 million a year earlier, an increase of 13%. Net income attributable to Porch reached $12.2 million, reversing a $10.9 million loss in the same quarter of 2025. Diluted earnings per share came in at $0.10, compared with a loss of $0.10 per share a year before.

The insurance business drove the gains. Policies written rose 42%, agency branches grew 114%, and quote volume climbed 79% from a year earlier. Porch Insurance launched in January 2026, widening the homeowners association offering with broader home coverage and membership services. Software & Data revenue fell 9% as the company retired smaller legacy products and focused on larger, more profitable customers.

Porch also agreed to buy businesses linked to Allied Trust. The company expects the deal to close in the first quarter of 2027, provided approvals are obtained and standard requirements are met.

why it matters

The quarter shows insurance carrying growth while the legacy software line shrinks. The swing from loss to profit is notable for a company of this size, but the figures cover a single quarter, and the source notes that its summary may contain inaccuracies.

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