Frontdoor Q1 2026 Financial Results: Revenue Growth and Reaffirmed Full-Year Outlook

Frontdoor, Inc. reported strong first-quarter 2026 financial results with revenue increasing 6% to $451 million compared to the same period last year. The company maintained a gross profit margin of 55% while net income grew 11% to $41 million. Diluted earnings per share increased 18% to $0.57, and adjusted EBITDA rose 3% to $104 million. Frontdoor repurchased $60 million worth of shares during the quarter and generated $119 million in operating cash flow. The company reaffirmed its full-year 2026 outlook, projecting revenue between $2.155 billion and $2.195 billion and adjusted EBITDA of $565-580 million. Growth was driven by a 5% increase from higher realized prices and 1% from higher volume, with renewal revenue increasing 6% and real estate revenue up 3%.