Frontdoor, Inc. reported outstanding first-quarter 2025 results on May 1, 2025, with revenue increasing 13% year-over-year to $426 million. This growth was driven by a 10% increase from higher volume, primarily due to the 2-10 acquisition, and a 3% increase from price.
Gross profit for the quarter rose 21% to $235 million, achieving a gross profit margin of 55%, an increase of 380 basis points. Net income grew 9% to $37 million, and diluted earnings per share increased 13% to $0.49.
Adjusted EBITDA increased 41% to $100 million, and net cash provided from operating activities was $124 million, resulting in a 60% increase in Free Cash Flow to $117 million. The company repurchased $70 million of shares in Q1 2025 and raised its full-year 2025 outlook, projecting revenue between $2.03 billion and $2.05 billion and Adjusted EBITDA between $500 million and $520 million.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.