FTDRFrontdoor, Inc.

$5B

Q2 2023 Earnings

Consumer Cyclical Personal Products & Services

Income Statement

Revenue

$523M+7.4% YoY

Gross Profit

$270M51.6% margin

Operating Income

$108M20.7% margin

Net Income

$70M13.4% margin

EPS (Diluted)

$0.86

QoQ Revenue Growth

+42.5%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$45M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.0B

Stockholders' Equity

$131M

Cash & Equivalents

$344M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$523M	$487M	+7.4%
Gross Profit	$270M	$211M	+28.0%
Operating Income	$108M	$71M	+52.1%
Net Income	$70M	$33M	+112.1%

Revenue Segments

Renewals

$398M76%

Direct To Consumer Home Service Plan Contracts

$58M11%

Real Estate Home Service Plan Contracts

$42M8%

Service Other

$24M5%

FTDR Q2 2023 Earnings — Frontdoor, Inc. Revenue & Financial Results | Market Cap Arena