Quarterly ResultApr 30, 2026, 07:07 AM
FTDR Q1 Revenue +6% to $451M; EPS +18% to $0.57; Reaffirms FY26 Outlook
AI Summary
Frontdoor, Inc. reported strong first-quarter 2026 financial results, with revenue increasing 6% to $451 million and diluted earnings per share rising 18% to $0.57. Net income grew 11% to $41 million, and Adjusted EBITDA increased 3% to $104 million. The company also repurchased $60 million in shares and reaffirmed its full-year 2026 outlook, citing strong operating performance and a durable subscription-based business model.
Key Highlights
- Q1 2026 Revenue increased 6% to $451 million.
- Q1 2026 Net Income rose 11% to $41 million.
- Q1 2026 Diluted EPS increased 18% to $0.57.
- Q1 2026 Adjusted EBITDA grew 3% to $104 million.
- Repurchased $60 million of shares in Q1 2026.
- Renewal revenue increased 6%; Real estate revenue increased 3%.
- Reaffirmed full-year 2026 revenue outlook of $2.155B to $2.195B.
- Reaffirmed full-year 2026 Adjusted EBITDA outlook of $565M to $580M.