---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-267754"
form_type: "8-K"
ticker: "FTDR"
cik: "0001727263"
company_name: "Frontdoor, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:57:48.304369+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Frontdoor Q3 revenue up 8% to $524M; net income more than doubles; raises FY outlook

## Summary
- Net income $71M ($0.89 diluted EPS) vs $28M ($0.34) YoY; adjusted EPS $0.94.
- Gross profit margin expanded 760 bps to 51% on higher price and cost improvements.
- Adjusted EBITDA rose 61% to $128M; raised full-year adjusted EBITDA outlook to $320M-$330M.
- Renewal revenue up 14% to $406M; real estate and direct-to-consumer declined 23% and 16%.
- Raising FY 2023 share repurchase target to ~$125M; Q4 EBITDA guidance $20M-$30M.

## SEC filing metadata
- accession: 0001193125-23-267754
- form_type: 8-K
- ticker: FTDR
- cik: 0001727263
- company_name: Frontdoor, Inc.
- filed_at: 2023-11-01T23:59:59+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/1727263/000119312523267754/0001193125-23-267754-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1727263/000119312523267754/d558490d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-267754
- JSON: https://secwatch.observer/filing/0001193125-23-267754.json
- Plain text: https://secwatch.observer/filing/0001193125-23-267754.txt

## Key facts
- Earnings Releases
  Frontdoor, Inc. reported third quarter ended September 30, 2023 results: revenue $524 million, net income $71 million, EPS $0.89 diluted earnings per share. Guidance raised.
  - Period: third quarter ended September 30, 2023
  - Revenue: $524 million
  - Net income: $71 million
  - EPS: $0.89 diluted earnings per share
  - Guidance: raised
  - Result: preliminary results
  source text: Frontdoor Announces Third-Quarter 2023 Revenue Increased 8% to $524 Million; Gross Profit Margin Expanded 760 bps to 51%; Net Income Increased to $71 Million; Adjusted EBITDA Increased $48 Million to $128 Million; Repurchased $75 Million of Stock in 2023; Raising Full-Year 2023 Revenue, Adjusted EBITDA and Share Repurchase Outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/1727263/000119312523267754/0001193125-23-267754-index.htm

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