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Intangible Assets and Goodwill | 6 Months Ended
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Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract] |
Intangible Assets and Goodwill | Note 8. Intangible Assets and Goodwill Intangible Assets Intangible assets are stated at cost or acquisition-date fair value less accumulated amortization and impairment. The following tables summarize intangible asset balances.
As of June 30, 2026 |  | Weighted Average Useful Life (in years) |  | Intangible Assets, Gross |  | Accumulated Amortization and Impairment |  | Intangible Assets, Net
Customer relationships | (1) | 10.0 |  | $ | 47,900 |  |  | $ | (27,323) |  |  | $ | 20,577 |
Acquired technology |  | 8.0 |  | 7,980 |  |  | (5,298) |  |  | 2,682 |
Trademarks and tradenames | (2) | 11.0 |  | 22,025 |  |  | (10,297) |  |  | 11,728 |
Non-compete agreements |  | 7.0 |  | 180 |  |  | (109) |  |  | 71 |
Renewal rights | (3) | 6.0 |  | 9,734 |  |  | (6,670) |  |  | 3,064 |
Insurance licenses | (4) | Indefinite |  | 4,960 |  |  | — |  |  | 4,960 |
Total intangible assets |  |  |  | $ | 92,779 |  |  | $ | (49,697) |  |  | $ | 43,082 |
______________________________________ (1)Balance includes $8.0 million of customer relationships that are included in intangible assets, net, in Assets of Reciprocal section of the Consolidated Balance Sheets as of June 30, 2026. (2)Balance includes $5.8 million of trademarks and tradenames that are included in intangible assets, net, in Assets of Reciprocal section of the Consolidated Balance Sheets as of June 30, 2026. (3)Balance includes $2.7 million of renewal rights that are included in intangible assets, net, in Assets of Reciprocal section of the Consolidated Balance Sheets as of June 30, 2026. (4)The entire insurance licenses balance is included in intangible assets, net, in Assets of Reciprocal section of the Consolidated Balance Sheets as of June 30, 2026.
As of December 31, 2025 |  | Weighted Average Useful Life (in years) |  | Intangible Assets, Gross |  | Accumulated Amortization and Impairment |  | Intangible Assets, Net
Customer relationships | (1) | 9.0 |  | $ | 57,833 |  | $ | (28,725) |  |  | $ | 29,108
Acquired technology |  | 8.0 |  | 7,980 |  | (4,765) |  |  | 3,215
Trademarks and tradenames | (2) | 11.0 |  | 22,025 |  | (9,296) |  |  | 12,729
Non-compete agreements |  | 7.0 |  | 180 |  | (96) |  |  | 84
Renewal rights | (3) | 6.0 |  | 9,734 |  | (6,019) |  |  | 3,715
Insurance licenses | (4) | Indefinite |  | 4,960 |  | — |  | 4,960
Total intangible assets |  |  |  | $ | 102,712 |  | $ | (48,901) |  |  | $ | 53,811
______________________________________ (1)Balance includes $8.8 million of customer relationships that are included in intangible assets, net, in Assets of Reciprocal section of the unaudited Condensed Consolidated Balance Sheets as of December 31, 2025. (2)Balance includes $6.4 million of trademarks and tradenames that are included in intangible assets, net, in Assets of Reciprocal section of the unaudited Condensed Consolidated Balance Sheets as of December 31, 2025. (3)Balance includes $3.1 million of renewal rights that are included in intangible assets, net, in Assets of Reciprocal section of the unaudited Condensed Consolidated Balance Sheets as of December 31, 2025. (4)The entire insurance licenses balance is included in intangible assets, net, in Assets of Reciprocal section of the unaudited Condensed Consolidated Balance Sheets as of December 31, 2025. The aggregate amortization expense related to intangibles was $8.1 million and $3.9 million for the three months ended June 30, 2026 and 2025, respectively, and $10.7 million and $8.3 million for the six months ended June 30, 2026 and 2025, respectively. During the three months ended June 30, 2026, we reassessed the remaining useful life of a customer relationship intangible asset associated with our warranty business. Based on current expectations regarding the future economic benefits attributable to the asset, we decreased the asset’s remaining estimated useful life. As a result of this change in estimate, we recognized accelerated amortization expense of approximately $5.5 million during the three months ended June 30, 2026, in general and administrative expense. The after-tax impact on Net income attributable to Porch for the three and six months ended June 30, 2026, was $5.5 million. The effect on basic and diluted earnings per share was $0.05 and $0.04, respectively, for the three months ended June 30, 2026, and $0.05 and $0.04, respectively for the six months ended June 30, 2026. Goodwill The following table summarizes goodwill balances by segment as of June 30, 2026.
| June 30, 2026
Software & Data | $ | 157,364 |
Consumer Services | 34,543 |
Total | $ | 191,907 |
We had no changes in the carrying amount of goodwill for the six months ended June 30, 2026.

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- Definition The entire disclosure for intangible asset and goodwill. Includes, but is not limited to, finite- and indefinite-lived intangible assets, capitalized cost for internal-use software and software to be sold, leased, or marketed. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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