{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-142303","form_type":"8-K","ticker":"FTDR","cik":"0001727263","company_name":"Frontdoor, Inc.","filed_at":"2022-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.029934+00:00","generated_at":"2026-06-25T23:51:28.636576+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Frontdoor Q1 revenue +7% to $351M but profit plunges; FY22 EBITDA guidance cut to $215-245M","bullets":["Revenue $351M (+7% YoY); renewal +10%, DTC +14%, real estate -20% on seller's market.","Net income $2M (diluted EPS $0.02) vs $5M ($0.06) in Q1 2021; adjusted EPS $0.04 vs $0.10.","Adjusted EBITDA $25M (-31% YoY); inflationary cost pressures added $24M in contract claims costs, including $9M adverse prior-year development.","FY2022 guidance lowered: revenue $1.66-1.69B, gross margin 44-45%, Adj. EBITDA $215-245M.","Repurchased $40M of shares in Q1; available liquidity $340M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-142303","json":"https://secwatch.observer/filing/0001193125-22-142303.json","markdown":"https://secwatch.observer/filing/0001193125-22-142303.md","text":"https://secwatch.observer/filing/0001193125-22-142303.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1727263/000119312522142303/0001193125-22-142303-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1727263/000119312522142303/d309953d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T23:51:28.636576+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}