Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents		$ 44,676	$ 167,643
Accounts receivable, net		11,307	19,106
Short-term investments		12,616	24,099
Reinsurance balance due		0	92,303
Prepaid expenses		6,440	8,391
Deferred policy acquisition costs		0	17,542
Restricted cash and cash equivalents		8,503	29,139
Other current assets		4,666	6,904
Total current assets		88,208	365,127
Property, equipment, and software, net		27,607	22,542
Goodwill		191,907	191,907
Long-term investments		55,412	158,652
Intangible assets, net		30,492	68,746
Other assets		6,541	6,994
Cash and cash equivalents, including restricted		169,111	196,782
Total assets		797,423	813,968
Current liabilities
Accounts payable		4,046	4,538
Accrued expenses and other current liabilities		38,877	41,245
Deferred revenue		4,552	248,669
Refundable customer deposits		12,535	12,629
Current debt		7,772	150
Losses and loss adjustment expense reserves		0	67,785
Other insurance liabilities, current		0	39,140
Total current liabilities		67,782	414,156
Long-term debt		385,060	403,788
Other liabilities		14,987	39,249
Total liabilities		775,037	857,193
Commitments and contingencies (Note 19)
Stockholders' equity (deficit)
Common stock		11	10
Additional paid-in capital		622,996	717,066
Accumulated other comprehensive income (loss)		642	(5,446)
Accumulated deficit		(648,268)	(754,855)
Porch stockholders' deficit		(24,619)	(43,225)
Noncontrolling interest related to the Reciprocal		47,005	0
Total stockholders' equity (deficit)		22,386	(43,225)
Total liabilities and stockholders' equity (deficit)		797,423	813,968
Variable Interest Entity, Primary Beneficiary
Current assets
Cash and cash equivalents		115,373	0
Accounts receivable, net	[1]	9,054	0
Short-term investments	[1]	7,664	0
Reinsurance balance due	[1]	37,653	0
Prepaid expenses and other current assets	[1]	3,945	0
Deferred policy acquisition costs	[1]	26,707	0
Restricted cash and cash equivalents		559	0
Long-term investments	[1]	172,978	0
Intangible assets, net	[1]	23,319	0
Other assets	[1]	4	0
Cash and cash equivalents, including restricted	[1]	115,932	0
Current liabilities
Deferred revenue	[2]	219,559	0
Losses and loss adjustment expense reserves	[2]	49,159	0
Other insurance liabilities, current	[2]	23,834	0
Other liabilities	[2]	818	0
Accounts payable and other current liabilities	[2]	$ 13,838	$ 0

[1] Porch Reciprocal Exchange (the “Reciprocal”) is a consolidated variable interest entity not owned by Porch Group, Inc. (see Note 3 in the Notes to Consolidated Financial Statements).

[2] The Reciprocal is a consolidated variable interest entity not owned by Porch Group, Inc. (see Note 3 in the Notes to Consolidated Financial Statements).