Quarterly ResultAug 6, 2026, 04:14 PM
Frontdoor Q2 Revenue $645M, Net Income $125M; EPS $1.76
AI Summary
Frontdoor, Inc. reported strong financial results for the second quarter and first half of 2026. Revenue for Q2 increased to $645 million, with net income reaching $125 million and diluted EPS at $1.76. For the six months ended June 30, 2026, revenue was $1,096 million and net income was $167 million. The company also noted an increase in cash and cash equivalents and significant share repurchases during the period. Additionally, Frontdoor completed the sale of 2-10 HBW's corporate office and adjusted goodwill related to the acquisition.
Key Highlights
- Q2 2026 Revenue increased to $645 million from $617 million year-over-year.
- Q2 2026 Net Income rose to $125 million, up from $111 million in the prior year.
- Q2 2026 Diluted EPS was $1.76, compared to $1.48 in the same period last year.
- Six-month 2026 Revenue reached $1,096 million, up from $1,043 million year-over-year.
- Six-month 2026 Net Income was $167 million, an increase from $148 million.
- Cash and cash equivalents stood at $627 million as of June 30, 2026.
- The company repurchased $152 million of common stock during the first six months of 2026.
- Goodwill increased by $4 million due to an additional payment for the 2-10 HBW acquisition.
Price Impact
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