Filing Flows › Frontdoor (FTDR) › Q1 2026
Frontdoor (FTDR) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Frontdoor (FTDR) reported revenue of $451M for the first quarter 2026 (Q1 2026), +6% from a year earlier and +4% from the quarter before. Operating margin was 11.3%, net earnings $41.0M (9.1% of revenue).
Frontdoor, Q1 2026: revenue $451M (+6% year over year), operating margin 11.3%, net earnings $41.0M, operating cash flow $119M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $451M | +4% | +6% |
| Gross profit | $248M | +16% | +6% |
| Operating profit | $51.0M | 17× | +6% |
| Net earnings | $41.0M | 20× | +11% |
| Operating cash flow | $119M | +18% | -4% |
| Free cash flow | $113M | +19% | -3% |
What changed
Revenue was $451.0M in Q1 2026, up 6% year over year and up 4% from the previous quarter. Renewals was the largest line at 78% of revenue. Renewals added $19.0M year over year (up 6%), 76% of the total change. Direct to Consumer Home Service Plan Contracts declined 3%.
Gross margin was 55.0%, down 0.2 points from Q1 2025. Operating profit was $51.0M, a 11.3% margin (unchanged year over year). Of the extra revenue versus Q1 2025, 12% reached operating profit, above the 11% margin then. Operating expenses grew 5% against revenue growth of 6%. Net earnings were $41.0M, up 11% year over year. The effective tax rate was 19.6%.
Operating cash flow was $119.0M (down 4% year over year), 290% of net earnings. Non-cash charges added back $20.0M of depreciation and amortization and $10.0M of share-based compensation. Working capital and other items added $48.0M. Capital expenditures of $6.0M left free cash flow of $113.0M.
Questions
What was Frontdoor's revenue in the first quarter 2026?
Frontdoor (FTDR) reported revenue of $451M for the first quarter 2026 (Q1 2026), +6% from a year earlier and +4% from the quarter before.
Was Frontdoor profitable in the first quarter 2026?
Operating profit was $51.0M (11.3% of revenue) and net earnings $41.0M.
Source: Frontdoor 10-Q on SEC EDGAR.