Filing Flows › Frontdoor (FTDR) › Q2 2025
Frontdoor (FTDR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Frontdoor (FTDR) reported revenue of $617M for the second quarter 2025 (Q2 2025), +14% from a year earlier and +45% from the quarter before. Operating margin was 23.8%, net earnings $111M (18.0% of revenue).
Frontdoor, Q2 2025: revenue $617M (+14% year over year), operating margin 23.8%, net earnings $111M, operating cash flow $127M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $617M | +45% | +14% |
| Gross profit | $356M | +51% | +16% |
| Operating profit | $147M | +206% | +19% |
| Net earnings | $111M | +200% | +21% |
| Operating cash flow | $127M | +2% | +23% |
| Free cash flow | $120M | +3% | +32% |
What changed
Revenue was $617.0M in Q2 2025, up 14% year over year and up 45% from the previous quarter. Renewals was the largest line at 75% of revenue. Renewals added $40.0M year over year (up 10%), 53% of the total change.
Gross margin was 57.7%, up 1.2 points from a year earlier. Operating profit was $147.0M, a 23.8% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 31% reached operating profit, above the 23% margin then. Operating expenses grew 15% against revenue growth of 14%. The fastest-growing cost line was Other operating costs (+147%). Net earnings were $111.0M, up 21% year over year. The effective tax rate was 24.5%.
Operating cash flow was $127.0M (up 23% year over year), 114% of net earnings. Non-cash charges added back $21.0M of depreciation and amortization and $9.0M of share-based compensation. Working capital and other items used $14.0M. Capital expenditures of $7.0M left free cash flow of $120.0M.
Questions
What was Frontdoor's revenue in the second quarter 2025?
Frontdoor (FTDR) reported revenue of $617M for the second quarter 2025 (Q2 2025), +14% from a year earlier and +45% from the quarter before.
Was Frontdoor profitable in the second quarter 2025?
Operating profit was $147M (23.8% of revenue) and net earnings $111M.
Source: Frontdoor 10-Q on SEC EDGAR.