---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-201172"
form_type: "8-K"
ticker: "FTDR"
cik: "0001727263"
company_name: "Frontdoor, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T14:11:20.708819+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Frontdoor Q2 revenue $523M (+7% YoY); adj. EBITDA $121M (+57%); raises FY outlook

## Summary
- Net income $70M ($0.85 EPS) more than doubled; adjusted EPS $0.87, up 64% YoY.
- Gross margin expanded 840 bps to 52% on favorable weather, lower service requests, and pricing.
- Raised FY 2023 Adjusted EBITDA outlook by $40M to $260-280M; revenue guidance raised to $1.73-1.75B.
- Repurchased $50M of stock YTD; increased full-year share repurchase target to ~$100M.
- Renewals revenue up 15% YoY; real estate first-year revenue down 25% due to low home inventory.

## SEC filing metadata
- accession: 0001193125-23-201172
- form_type: 8-K
- ticker: FTDR
- cik: 0001727263
- company_name: Frontdoor, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1727263/000119312523201172/0001193125-23-201172-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1727263/000119312523201172/d517679d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-201172
- JSON: https://secwatch.observer/filing/0001193125-23-201172.json
- Plain text: https://secwatch.observer/filing/0001193125-23-201172.txt

## Key facts
- Earnings Releases
  Frontdoor, Inc. updated its its fiscal quarter ended June 30, 2023 guidance (raised).
  - Period: its fiscal quarter ended June 30, 2023
  - Guidance: raised
  - Result: reported results
  source text: On August 2, 2023, Frontdoor, Inc., issued a press release announcing its financial results for its fiscal quarter ended June 30, 2023. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1727263/000119312523201172/0001193125-23-201172-index.htm

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