| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 451.00 | 5.9% |
| Total Income | 451.00 | 5.9% |
| Expenditure | 400.00 | 5.8% |
| PBT | 51.00 | 6.3% |
| Net Profit | 41.00 | 10.8% |
| OPM | — | |
| NPM | 9.09% | 0.41pp |
| EPS | 0.58 | 16.0% |
Frontdoor Reports Q1 FY26 Revenue Up 6% to $451 Million, Net Income Up 11%
30 Apr 2026 · 30 Apr, 4:38 pm
Summary
Frontdoor, Inc. delivered a strong first-quarter 2026 performance, with revenue increasing 6% to $451 million, driven by higher realized prices and volume. Net income rose 11% to $41 million, and diluted earnings per share climbed 18% to $0.57, while the gross profit margin remained unchanged at 55%. Adjusted EBITDA also saw a 3% increase, reaching $104 million. Chairman and CEO Bill Cobb highlighted improving member count trends and a strong operational foundation, leading the company to reaffirm its full-year 2026 guidance based on its robust operating performance and durable subscription-based business model.
Key Highlights
- 1
Frontdoor, Inc. reported a 6% increase in revenue, reaching $451 million for the first quarter of 2026.
- 2
Net Income for Q1 2026 grew by 11% to $41 million compared to the prior-year period.
- 3
Diluted Earnings Per Share saw an 18% increase, rising to $0.57 for the first quarter of 2026.
- 4
Adjusted EBITDA for the quarter increased by 3% to $104 million.
- 5
The company maintained a stable gross profit margin of 55% in the first quarter of 2026.
- 6
Frontdoor repurchased $60 million in shares during the first quarter, returning significant capital to shareholders.
- 7
The company reaffirmed its full-year 2026 outlook for both revenue and Adjusted EBITDA.
Management Comments
Bill Cobb
Frontdoor delivered an excellent first quarter performance. Member count trends continued to improve, our operational foundation remains strong, and we delivered exceptional financial results while returning significant capital to shareholders through share repurchases. Looking ahead, we are reaffirming our full-year 2026 guidance based on our strong operating performance and the durability of our subscription-based business model.
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