Frontdoor Inc. (FTDR) financial statements: income statement, balance sheet and cash flow

Frontdoor Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Frontdoor Inc. reported revenue of $2.1B (+13.6% year on year) and net income of $255.0M (+8.5% year on year).

Income statement

Frontdoor Inc. income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Revenue	$2.1B	$1.8B	$1.8B	$1.7B
Cost of services rendered	$936.0M	$852.0M	$895.0M	$952.0M
Gross Profit	$1.2B	$991.0M	$885.0M	$710.0M
Selling and administrative expenses	$669.0M	$612.0M	$581.0M	$521.0M
Depreciation and amortization expense	$89.0M	$39.0M	$37.0M	$34.0M
Restructuring charges	$4.0M	$8.0M	$16.0M	$20.0M
Interest expense	$79.0M	$40.0M	$40.0M	$31.0M
Interest and net investment income	($22.0M)	($20.0M)	($16.0M)	—
Loss on extinguishment of debt	$0	$3.0M	—	—
Income before Income Taxes	$338.0M	$309.0M	$229.0M	$93.0M
Provision for income taxes	$84.0M	$74.0M	$57.0M	$22.0M
Net Income	$255.0M	$235.0M	$171.0M	$71.0M
Unrealized loss on derivative instruments, net of income taxes	($12.0M)	($6.0M)	—	—
Total Other Comprehensive (Loss) Income, Net of Income Taxes	($12.0M)	($6.0M)	($3.0M)	$27.0M
Comprehensive Income	$243.0M	$229.0M	$169.0M	$98.0M
Basic	$3.48	$3.05	$2.13	$0.87
Diluted	$3.42	$3.01	$2.12	$0.87
Basic	73.1M	77.0M	80.5M	81.8M
Diluted	74.5M	78.0M	80.9M	82.0M

Frontdoor Inc. income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Revenue	$645.0M	$451.0M	$618.0M	$617.0M
Cost of services rendered	$267.0M	$203.0M	$264.0M	$261.0M
Gross Profit	$378.0M	$248.0M	$353.0M	$356.0M
Selling and administrative expenses	$176.0M	$162.0M	$174.0M	$172.0M
Depreciation and amortization expense	$20.0M	$20.0M	$22.0M	$21.0M
Restructuring charges	$2.0M	$1.0M	$1.0M	$0
Interest expense	$19.0M	$19.0M	$20.0M	$20.0M
Interest and net investment income	($5.0M)	($5.0M)	($6.0M)	($4.0M)
Income before Income Taxes	$167.0M	$51.0M	$142.0M	$146.0M
Provision for income taxes	$41.0M	$10.0M	$37.0M	$36.0M
Net Income	$125.0M	$41.0M	$106.0M	$111.0M
Unrealized gain (loss) on derivative instruments, net of income taxes	$4.0M	$4.0M	($1.0M)	($5.0M)
Total Other Comprehensive Income (Loss), Net of Income Taxes	$4.0M	$4.0M	($1.0M)	($5.0M)
Comprehensive Income	$130.0M	$45.0M	$105.0M	$106.0M
Basic	$1.80	$0.58	$1.45	$1.51
Diluted	$1.76	$0.57	$1.42	$1.48
Basic	69.9M	70.6M	72.8M	73.5M
Diluted	71.1M	72.2M	74.4M	74.7M

Balance sheet

Frontdoor Inc. balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$566.0M	$421.0M	$325.0M	$292.0M
Marketable securities	$0	$15.0M	—	—
Receivables, less allowance of $4 and $4, respectively	$10.0M	$10.0M	$6.0M	$5.0M
Prepaid expenses and other current assets	$44.0M	$42.0M	$32.0M	$33.0M
Assets held for sale	$4.0M	—	—	—
Total Current Assets	$624.0M	$488.0M	$363.0M	$330.0M
Property and equipment, net	$57.0M	$73.0M	$60.0M	$66.0M
Goodwill	$959.0M	$967.0M	$503.0M	$503.0M
Intangible assets, net	$398.0M	$448.0M	$143.0M	$148.0M
Operating lease right-of-use assets	$7.0M	$8.0M	$3.0M	$11.0M
Long-term marketable securities	$0	$38.0M	—	—
Deferred Reinsurance	$66.0M	$65.0M	—	—
Deferred customer acquisition costs	$14.0M	$11.0M	$12.0M	$16.0M
Other assets	$17.0M	$2.0M	$5.0M	$8.0M
Total Assets	$2.1B	$2.1B	$1.1B	$1.1B
Accounts payable	$89.0M	$71.0M	$76.0M	$80.0M
Payroll and related expenses	$47.0M	$44.0M	$38.0M	$22.0M
Home warranty claims	$69.0M	$74.0M	$76.0M	—
Income taxes payable	$26.0M	—	—	—
Other	$34.0M	$28.0M	$22.0M	$21.0M
Deferred revenue	$107.0M	$123.0M	$102.0M	$121.0M
Current portion of long-term debt	$29.0M	$29.0M	$17.0M	$17.0M
Total Current Liabilities	$402.0M	$369.0M	$331.0M	$364.0M
Long-Term Debt	$1.1B	$1.2B	$577.0M	$592.0M
Deferred tax liabilities, net	$53.0M	$49.0M	$25.0M	$39.0M
Operating lease liabilities	$18.0M	$20.0M	$16.0M	$18.0M
Unearned insurance premium	$236.0M	$233.0M	—	—
Long-term deferred revenue	$19.0M	$12.0M	—	—
Other long-term liabilities	$27.0M	$4.0M	$5.0M	—
Total Other Long-Term liabilities	$354.0M	$329.0M	$46.0M	$65.0M
Common stock, $0.01 par value; 2,000,000,000 shares authorized; 88,480,560 shares issued and 70,958,215 shares outstanding as of December 31, 2025 and 87,434,468 shares issued and 75,314,243 shares outstanding as of December 31, 2024	1.0M	1.0M	1.0M	1.0M
Additional paid-in capital	$195.0M	$152.0M	$117.0M	$90.0M
Retained earnings	$785.0M	$530.0M	$296.0M	$124.0M
Accumulated other comprehensive loss	($12.0M)	$0	$6.0M	$8.0M
Less treasury stock, at cost; 17,522,345 shares as of December 31, 2025 and 12,120,225 shares as of December 31, 2024	-727.0M	-444.0M	-283.0M	-162.0M
Total Shareholders' Equity	$242.0M	$239.0M	$136.0M	$61.0M
Total Liabilities and Shareholders' Equity	$2.1B	$2.1B	$1.1B	$1.1B

Frontdoor Inc. balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$627.0M	$603.0M	$563.0M	$562.0M
Receivables, less allowance of $4 and $4, respectively	$11.0M	$10.0M	$10.0M	$10.0M
Prepaid expenses and other current assets	$45.0M	$43.0M	$39.0M	$37.0M
Contract assets	$9.0M	$0	$77.0M	$11.0M
Assets held for sale	$0	$4.0M	$5.0M	—
Total Current Assets	$692.0M	$661.0M	$695.0M	$620.0M
Property and equipment, net	$53.0M	$54.0M	$59.0M	$68.0M
Goodwill	$963.0M	$959.0M	$971.0M	$972.0M
Intangible assets, net	$374.0M	$386.0M	$400.0M	$412.0M
Operating lease right-of-use assets	$7.0M	$7.0M	$7.0M	$7.0M
Deferred reinsurance	$66.0M	$65.0M	$68.0M	$68.0M
Deferred customer acquisition costs	$15.0M	$15.0M	$13.0M	$12.0M
Other assets	$17.0M	$18.0M	$15.0M	$3.0M
Total Assets	$2.2B	$2.2B	$2.2B	$2.2B
Accounts payable	$118.0M	$87.0M	$104.0M	$106.0M
Payroll and related expenses	$26.0M	$32.0M	$36.0M	$33.0M
Home warranty claims	$82.0M	$64.0M	$71.0M	$91.0M
Income taxes payable	$45.0M	$35.0M	$36.0M	—
Other	$32.0M	$30.0M	$31.0M	$54.0M
Deferred revenue	$103.0M	$173.0M	$94.0M	$104.0M
Current portion of long-term debt	$29.0M	$29.0M	$29.0M	$29.0M
Total Current Liabilities	$435.0M	$451.0M	$401.0M	$416.0M
Long-Term Debt	$1.1B	$1.1B	$1.2B	$1.2B
Deferred tax liabilities, net	$54.0M	$54.0M	$52.0M	$38.0M
Operating lease liabilities	$16.0M	$17.0M	$18.0M	$19.0M
Unearned insurance premium	$236.0M	$235.0M	$238.0M	$238.0M
Long-term deferred revenue	$15.0M	$18.0M	$20.0M	$20.0M
Other long-term liabilities	$15.0M	$22.0M	$32.0M	$18.0M
Total Other Long-Term Liabilities	$336.0M	$345.0M	$360.0M	$346.0M
Common stock, $0.01 par value; 2,000,000,000 shares authorized; 89,177,293 shares issued and 69,284,644 shares outstanding as of June 30, 2026 and 88,480,560 shares issued and 70,958,215 shares outstanding as of December 31, 2025	1.0M	1.0M	1.0M	1.0M
Additional paid-in capital	$214.0M	$199.0M	$184.0M	$167.0M
Retained earnings	$952.0M	$826.0M	$784.0M	$678.0M
Accumulated other comprehensive loss	($4.0M)	($8.0M)	($14.0M)	($13.0M)
Less treasury stock, at cost; 19,892,649 shares as of June 30, 2026 and 17,522,345 shares as of December 31, 2025	-879.0M	-787.0M	-639.0M	-580.0M
Total Shareholders' Equity	$284.0M	$230.0M	$316.0M	$254.0M
Total Liabilities and Shareholders' Equity	$2.2B	$2.2B	$2.2B	$2.2B

Cash flow statement

Frontdoor Inc. cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and Cash Equivalents at Beginning of Period	$421.0M	$325.0M	$292.0M	$262.0M
Net Income	$255.0M	$235.0M	$171.0M	$71.0M
Depreciation and amortization expense	$89.0M	$39.0M	$37.0M	$34.0M
Deferred income tax provision (benefit)	$9.0M	$0	($13.0M)	($10.0M)
Stock-based compensation expense	$34.0M	$26.0M	$26.0M	$22.0M
Loss on extinguishment of debt	$0	$3.0M	—	—
Other	($1.0M)	$1.0M	$6.0M	$1.0M
Receivables	($1.0M)	$1.0M	—	$2.0M
Deferred reinsurance	($2.0M)	—	—	—
Deferred customer acquisition costs	($3.0M)	—	—	—
Prepaid expenses and other current assets	($5.0M)	($2.0M)	($1.0M)	($3.0M)
Accounts payable	$19.0M	($7.0M)	($4.0M)	$15.0M
Deferred revenue	($8.0M)	($9.0M)	($19.0M)	($35.0M)
Accrued liabilities	($1.0M)	($11.0M)	($7.0M)	$10.0M
Unearned insurance premium	$5.0M	—	—	—
Current income taxes	$25.0M	($8.0M)	($1.0M)	$6.0M
Net Cash Provided from Operating Activities	$416.0M	$270.0M	$202.0M	$142.0M
Purchases of property and equipment	($26.0M)	($39.0M)	($32.0M)	($40.0M)
Business acquisitions, net of cash acquired	$3.0M	($583.0M)	—	—
Purchases of available-for-sale securities	($6.0M)	—	—	—
Sales and maturities of available-for-sale securities	$60.0M	—	—	—
Net Cash Provided from (Used for) Investing Activities	$31.0M	($622.0M)	($32.0M)	($35.0M)
Borrowings of debt, net of discount	$0	$1.2B	—	—
Repayments of debt	($29.0M)	($598.0M)	($17.0M)	($17.0M)
Debt issuance costs paid	$0	($18.0M)	—	—
Repurchases of common stock	($283.0M)	($161.0M)	($121.0M)	($59.0M)
Other financing activities	$9.0M	$9.0M	$1.0M	($2.0M)
Net Cash Provided from (Used for) Financing Activities	($302.0M)	$447.0M	($137.0M)	($77.0M)
Cash Increase During the Period	$145.0M	$96.0M	$34.0M	$29.0M
Cash and Cash Equivalents at End of Period	$566.0M	$421.0M	$325.0M	$292.0M

Frontdoor Inc. cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Cash and Cash Equivalents at Beginning of Period	$566.0M	$566.0M	$421.0M	$421.0M
Net Income	$167.0M	$41.0M	$253.0M	$148.0M
Depreciation and amortization expense	$40.0M	$20.0M	$66.0M	$44.0M
Deferred income tax benefit	($3.0M)	($1.0M)	$10.0M	($4.0M)
Stock-based compensation expense	$21.0M	$10.0M	$25.0M	$17.0M
Other	($3.0M)	($2.0M)	$1.0M	$3.0M
Receivables	$0	—	—	($1.0M)
Prepaid expenses and other current assets	($12.0M)	$1.0M	($79.0M)	($10.0M)
Deferred reinsurance	$0	$1.0M	($4.0M)	($2.0M)
Deferred customer acquisition costs	($1.0M)	($1.0M)	($2.0M)	($1.0M)
Accounts payable	$29.0M	($2.0M)	$33.0M	$35.0M
Deferred revenue	($8.0M)	$65.0M	($21.0M)	($11.0M)
Accrued liabilities	($8.0M)	($23.0M)	($12.0M)	$11.0M
Deferred insurance premiums	$0	($2.0M)	$7.0M	$6.0M
Current income taxes	$24.0M	$10.0M	$37.0M	$22.0M
Net Cash Provided from Operating Activities	$245.0M	$119.0M	$315.0M	$251.0M
Purchases of property and equipment	($12.0M)	($6.0M)	($20.0M)	($14.0M)
Business acquisitions, net of cash acquired	$0	—	$3.0M	$3.0M
Purchases of short-term investments and available-for-sale securities	($2.0M)	($2.0M)	—	—
Sales and maturities of available-for-sale securities	$0	$0	$60.0M	$60.0M
Net Cash (Used for) Provided from Investing Activities	($14.0M)	($7.0M)	$37.0M	$42.0M
Repayments of debt	($14.0M)	($7.0M)	($22.0M)	($14.0M)
Repurchases of common stock	($152.0M)	($61.0M)	($195.0M)	($135.0M)
Other financing activities	($3.0M)	($7.0M)	$7.0M	($3.0M)
Net Cash Used for Financing Activities	($169.0M)	($75.0M)	($210.0M)	($153.0M)
Cash Increase During the Period	$62.0M	$37.0M	$142.0M	$141.0M
Cash and Cash Equivalents at End of Period	$627.0M	$603.0M	$563.0M	$562.0M

Frontdoor Inc. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.