Frontdoor raises 2026 adjusted EBITDA outlook to $590 million-$600 million
FTDR•Frontdoor raised its fiscal 2026 adjusted EBITDA outlook to $590 million-$600 million from $585 million-$600 million. The revenue forecast midpoint rose to $2.21 billion, while third-quarter revenue increased 6% to $655 million.
1. Outlook raised
Frontdoor raised its fiscal 2026 adjusted EBITDA outlook to $590 million-$600 million from $585 million-$600 million. Its revenue forecast midpoint rose to $2.21 billion from $2.2 billion, with the range narrowing. The company kept its expected gross profit margin at about 55% and lowered its effective tax rate forecast to about 24% from about 25%.
2. Third-quarter revenue
Third-quarter revenue increased 6% to $655 million, driven by renewals pricing and HVAC upgrades despite elevated heat-related claims.
