FTDR Q1 2023 Earnings — Frontdoor, Inc. Revenue & Financial Results | Market Cap Arena

FTDRFrontdoor, Inc.

$5B

Q1 2023 Earnings

Consumer Cyclical Personal Products & Services

Income Statement

Revenue

$367M+4.6% YoY

Gross Profit

$170M46.3% margin

Operating Income

$45M12.3% margin

Net Income

$22M6.0% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$52M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.0B

Stockholders' Equity

$83M

Cash & Equivalents

$337M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$367M	$351M	+4.6%
Gross Profit	$170M	$144M	+18.1%
Operating Income	$45M	$11M	+309.1%
Net Income	$22M	$2M	+1000.0%

Revenue Segments

Renewals

$278M76%

Direct To Consumer Home Service Plan Contracts

$44M12%

Real Estate Home Service Plan Contracts

$33M9%

Service Other

$11M3%