{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-135104","form_type":"8-K","ticker":"FTDR","cik":"0001727263","company_name":"Frontdoor, Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.264111+00:00","generated_at":"2026-06-15T22:28:17.602881+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Frontdoor Q1 revenue $367M (+4%), Adj EBITDA $54M (+116%); raises gross margin guidance","bullets":["Net income $22M ($0.27 diluted EPS); adjusted EPS $0.29 vs $0.04 YoY.","Gross margin improved 540bps to 46% on higher price, fewer service requests, moderating inflation.","Full-year Adj EBITDA guidance reaffirmed at $220-240M; gross margin range raised to 43.5-46.0%.","Expects ~$80M in share repurchases in 2023; launched new Frontdoor mobile app in April.","Q2 outlook: revenue $505-520M, Adj EBITDA $80-90M, a 10% YoY increase."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-135104","json":"https://secwatch.observer/filing/0001193125-23-135104.json","markdown":"https://secwatch.observer/filing/0001193125-23-135104.md","text":"https://secwatch.observer/filing/0001193125-23-135104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1727263/000119312523135104/0001193125-23-135104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1727263/000119312523135104/d464541d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:28:17.602881+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":[{"claim_id":"589720107b9a073cb5807b5d3254e2cfd4df054d","claim":"Frontdoor, Inc. reported the fiscal quarter ended March 31, 2023 results: revenue $367, net income 22, EPS 0.27. Guidance initiated.","evidence_excerpt":"Financial Results Three Months Ended March 31, $ millions (except as noted) 2023 2022 Change Revenue $ 367 $ 351 4 % Gross Profit 170 144 18 % Net Income 22 2 * % Diluted Earnings per Share 0.27 0.02 * %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1727263/000119312523135104/0001193125-23-135104-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2023"},{"label":"Revenue","value":"$367"},{"label":"Net income","value":"22"},{"label":"EPS","value":"0.27"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}