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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Revenue $ 104,745 $ 115,443
Cost of revenue 39,297 78,366
Gross Profit 65,448 37,077
Operating Expenses [Abstract]    
Selling and marketing 29,516 33,948
Product and technology 13,201 12,292
General and administrative 23,997 25,505
Operating loss (1,266) (34,668)
Other income (expense):    
Interest expense (11,246) (10,787)
Change in fair value of private warrant liability (732) (425)
Change in fair value of derivatives 6,673 1,483
Gain on extinguishment of debt 0 4,891
Investment income and realized gains and losses, net of investment expenses 2,810 3,644
Other income, net 8,400 22,678
Total other income (expense) 5,905 21,484
Income (loss) before income taxes 4,639 (13,184)
Income tax provision (903) (178)
Net income (loss) 3,736 (13,362)
Less: Net loss attributable to the Reciprocal (4,659) 0
Net income (loss) attributable to Porch $ 8,395 $ (13,362)
Net income (loss) attributable to Porch per share - basic (in usd per share) $ 0.08 $ (0.14)
Net income (loss) attributable to Porch per share - diluted (in usd per share) $ 0.07 $ (0.14)
Comprehensive Income    
Net income (loss) $ 3,736 $ (13,362)
Other comprehensive income (loss):    
Change in net unrealized loss, net of tax 2,610 (830)
Comprehensive income (loss) 6,346 (14,192)
Less: Comprehensive loss attributable to the Reciprocal (2,277) 0
Comprehensive income (loss) attributable to Porch $ 8,623 $ (14,192)