Earnings ·
Frontdoor, Inc. reported second-quarter 2026 financial results on August 6, 2026, announcing a raise in its full-year…
FTDRFrontdoor, Inc.
Frontdoor, Inc. reported second-quarter 2026 financial results on August 6, 2026, announcing a raise in its full-year outlook. Revenue increased 5% to $645 million, while net income and diluted EPS rose 13% and 19% to $125 million and $1.76, respectively. Adjusted EBITDA grew 10% to $220 million, driven by a 3% price increase and favorable weather reducing claims costs. The company completed $181 million in share repurchases year-to-date through July 2026. Management raised full-year 2026 revenue guidance to $2.19 billion–$2.21 billion and adjusted EBITDA guidance to $585 million–$600 million, citing strong membership growth and operational discipline. Frontdoor operates in the home warranty industry, providing service plan agreements for major home systems and appliances.