Frontdoor, Inc. (FTDR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3400 PLAYERS CLUB PARKWAY, STE. 300 MEMPHIS, TN 38125 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 734 - Services To Dwellings And Other Buildings (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 506,000 | 436,000 | 375,000 | 419,000 | 378,000 | 325,000 | |||
| Cash and cash equivalent | 506,000 | 421,000 | 375,000 | 419,000 | 378,000 | 325,000 | |||
| Short-term investments | 15,000 | ||||||||
| Receivables | 11,000 | 10,000 | 6,000 | 7,000 | 4,000 | 6,000 | |||
| Contract with customer, asset, after allowance for credit loss | 75,000 | 8,000 | |||||||
| Other undisclosed current assets | 37,000 | 42,000 | 28,000 | 29,000 | 30,000 | 32,000 | |||
| Total current assets: | 554,000 | 488,000 | 484,000 | 463,000 | 412,000 | 363,000 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 7,000 | 8,000 | 8,000 | 8,000 | 7,000 | 3,000 | |||
| Property, plant and equipment | 70,000 | 73,000 | 68,000 | 68,000 | 64,000 | 60,000 | |||
| Long-term investments and receivables | 38,000 | ||||||||
| Long-term investments | 38,000 | ||||||||
| Intangible assets, net (including goodwill) | 1,399,000 | 1,415,000 | 644,000 | 645,000 | 646,000 | 646,000 | |||
| Goodwill | 964,000 | 967,000 | 503,000 | 503,000 | 503,000 | 503,000 | |||
| Intangible assets, net (excluding goodwill) | 435,000 | 448,000 | 141,000 | 142,000 | 143,000 | 143,000 | |||
| Deferred costs | 11,000 | 11,000 | 10,000 | 11,000 | 11,000 | 12,000 | |||
| Other noncurrent assets | 4,000 | 2,000 | 3,000 | 4,000 | 6,000 | 5,000 | |||
| Other undisclosed noncurrent assets | 76,000 | 72,000 | 1,000 | ||||||
| Total noncurrent assets: | 1,567,000 | 1,619,000 | 733,000 | 737,000 | 734,000 | 726,000 | |||
| TOTAL ASSETS: | 2,121,000 | 2,107,000 | 1,217,000 | 1,200,000 | 1,146,000 | 1,089,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 145,000 | 143,000 | 162,000 | 163,000 | 121,000 | 136,000 | |||
| Accounts payable | 76,000 | 71,000 | 91,000 | 107,000 | 70,000 | 76,000 | |||
| Accrued liabilities | 69,000 | 72,000 | 71,000 | 56,000 | 51,000 | 60,000 | |||
| Deferred revenue | 177,000 | 123,000 | 89,000 | 95,000 | 158,000 | 102,000 | |||
| Debt | 29,000 | 29,000 | 17,000 | 17,000 | 17,000 | 17,000 | |||
| Self insurance reserve | 90,000 | 64,000 | 76,000 | ||||||
| Other undisclosed current liabilities | 63,000 | 74,000 | 73,000 | ||||||
| Total current liabilities: | 414,000 | 369,000 | 341,000 | 365,000 | 360,000 | 331,000 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 1,164,000 | 1,170,000 | 565,000 | 569,000 | 573,000 | 577,000 | |||
| Other undisclosed long-term debt and lease obligation | 1,164,000 | 1,170,000 | 565,000 | 569,000 | 573,000 | 577,000 | |||
| Liabilities, other than long-term debt, including: | 345,000 | 329,000 | 50,000 | 52,000 | 51,000 | 46,000 | |||
| Accounts payable and accrued liabilities | 2,000 | ||||||||
| Deferred revenue | 19,000 | 12,000 | |||||||
| Deferred income tax liabilities | 45,000 | 49,000 | 24,000 | 25,000 | 25,000 | 25,000 | |||
| Other liabilities | 15,000 | 4,000 | 6,000 | 6,000 | 5,000 | 5,000 | |||
| Operating lease, liability | 20,000 | 20,000 | 21,000 | 21,000 | 20,000 | 16,000 | |||
| Other undisclosed liabilities, other than long-term debt | 246,000 | 244,000 | (1,000) | (2,000) | 1,000 | ||||
| Total noncurrent liabilities: | 1,509,000 | 1,499,000 | 615,000 | 621,000 | 624,000 | 623,000 | |||
| Total liabilities: | 1,923,000 | 1,868,000 | 956,000 | 986,000 | 984,000 | 954,000 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 198,000 | 239,000 | 261,000 | 214,000 | 162,000 | 136,000 | |||
| Common stock | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||
| Treasury stock, value | (515,000) | (444,000) | (403,000) | (341,000) | (296,000) | (283,000) | |||
| Additional paid in capital | 153,000 | 152,000 | 139,000 | 127,000 | 120,000 | 117,000 | |||
| Accumulated other comprehensive income (loss) | (8,000) | 2,000 | 6,000 | 7,000 | 6,000 | ||||
| Retained earnings | 567,000 | 530,000 | 522,000 | 422,000 | 330,000 | 296,000 | |||
| Other undisclosed equity, attributable to parent | (1,000) | (1,000) | |||||||
| Total equity: | 198,000 | 239,000 | 261,000 | 214,000 | 162,000 | 136,000 | |||
| Other undisclosed liabilities and equity | (1,000) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 2,121,000 | 2,107,000 | 1,217,000 | 1,200,000 | 1,146,000 | 1,089,000 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 426,000 | 382,000 | 540,000 | 542,000 | 378,000 | 366,000 | ||
| Cost of revenue (Cost of Product and Service Sold) | (191,000) | (197,000) | (235,000) | (237,000) | (184,000) | (189,000) | ||
| Other undisclosed gross profit | 1,000 | 1,000 | 1,000 | |||||
| Gross profit: | 235,000 | 185,000 | 306,000 | 306,000 | 195,000 | 177,000 | ||
| Operating expenses | (175,000) | (170,000) | (167,000) | (177,000) | (144,000) | (161,000) | ||
| Operating income: | 60,000 | 15,000 | 139,000 | 129,000 | 51,000 | 16,000 | ||
| Nonoperating income (Investment Income, Nonoperating) | 6,000 | 5,000 | 5,000 | 5,000 | 5,000 | 4,000 | ||
| Interest and debt expense | (10,000) | (10,000) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (3,000) | |||||||
| Income from continuing operations before equity method investments, income taxes: | 66,000 | 17,000 | 144,000 | 134,000 | 46,000 | 10,000 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (18,000) | (11,000) | (10,000) | (10,000) | (1,000) | 2,000 | ||
| Income from continuing operations before income taxes: | 48,000 | 6,000 | 134,000 | 124,000 | 45,000 | 12,000 | ||
| Income tax expense (benefit) | (11,000) | 3,000 | (34,000) | (32,000) | (11,000) | (3,000) | ||
| Net income: | 37,000 | 9,000 | 100,000 | 92,000 | 34,000 | 9,000 | ||
| Other undisclosed net income (loss) attributable to parent | (1,000) | |||||||
| Net income available to common stockholders, diluted: | 37,000 | 9,000 | 100,000 | 92,000 | 34,000 | 8,000 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 37,000 | 9,000 | 100,000 | 92,000 | 34,000 | 9,000 | ||
| Other comprehensive loss | (5,000) | |||||||
| Other undisclosed comprehensive loss | (6,000) | |||||||
| Comprehensive income: | 37,000 | 3,000 | 100,000 | 92,000 | 34,000 | 4,000 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (7,000) | 3,000 | (3,000) | (1,000) | 1,000 | 1,000 | ||
| Comprehensive income, net of tax, attributable to parent: | 30,000 | 6,000 | 97,000 | 91,000 | 35,000 | 5,000 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.