---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-051594"
form_type: "8-K"
ticker: "FTDR"
cik: "0001727263"
company_name: "Frontdoor, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:41:02.037342+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Frontdoor Q1 revenue $378M (+3%), net income $34M, raises FY2024 EBITDA guidance

## Summary
- Q1 diluted EPS $0.43 vs $0.27 YoY; adjusted diluted EPS $0.44 vs $0.29.
- Gross profit margin expanded 510 bps to 51%; adjusted EBITDA rose 33% to $71M.
- FY2024 adjusted EBITDA guidance raised to $360-370M; gross profit margin ~50%.
- Renewal revenue up 7% on price; real estate and DTC channels declined 17% and 19%.
- Repurchased $33M of shares in March and April; $400M authorization remains.

## SEC filing metadata
- accession: 0000950170-24-051594
- form_type: 8-K
- ticker: FTDR
- cik: 0001727263
- company_name: Frontdoor, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1727263/000095017024051594/0000950170-24-051594-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1727263/000095017024051594/ftdr-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-051594
- JSON: https://secwatch.observer/filing/0000950170-24-051594.json
- Plain text: https://secwatch.observer/filing/0000950170-24-051594.txt

## Key facts
- Earnings Releases
  Frontdoor, Inc. reported fiscal quarter ended March 31, 2024 results: revenue $378 million, net income $34 million, EPS $0.43 per diluted share. Guidance raised.
  - Period: fiscal quarter ended March 31, 2024
  - Revenue: $378 million
  - Net income: $34 million
  - EPS: $0.43 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Frontdoor Announces First-Quarter 2024 Revenue Increased 3% to $378 Million; Gross Profit Margin Expanded 510 bps to 51%; Net Income of $34 Million and Adjusted EBITDA (1) of $71 Million; Raising Full-Year 2024 Gross Profit Margin and Adjusted EBITDA (2)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1727263/000095017024051594/0000950170-24-051594-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.