For the quarter ending 2025-09-30, FTDR has $2,227M in assets. $563M in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 563 | 562 | ||
| Marketable securities | 0 | 0 | ||
| Receivables, less allowance of 4 and 4, respectively | 10 | 10 | ||
| Prepaid expenses and other current assets | 39 | 37 | ||
| Contract assets | 77 | 11 | ||
| Assets held for sale | 5 | - | ||
| Total current assets | 695 | 620 | ||
| Reinsurance recoverables | - | 9 | ||
| Property and equipment, net | 59 | 68 | ||
| Goodwill | 971 | 972 | ||
| Intangible assets, net | 400 | 412 | ||
| Operating lease right-of-use assets | 7 | 7 | ||
| Long-term marketable securities | 0 | 0 | ||
| Deferred policy acquisition costs | - | 1 | ||
| Deferred reinsurance | 68 | 68 | ||
| Deferred customer acquisition costs | 13 | 12 | ||
| Other assets | 15 | 3 | ||
| Total assets | 2,227 | 2,172 | ||
| Accounts payable | 104 | 106 | ||
| Payroll and related expenses | 36 | 33 | ||
| Home warranty claims | 71 | 91 | ||
| Income taxes payable | 36 | - | ||
| Other | 31 | 54 | ||
| Deferred revenue | 94 | 104 | ||
| Current portion of long-term debt | 29 | 29 | ||
| Total current liabilities | 401 | 416 | ||
| Unpaid losses and loss adjustment reserves | - | 13 | ||
| Long-term debt | 1,151 | 1,157 | ||
| Deferred tax liabilities, net | 52 | 38 | ||
| Operating lease liabilities | 18 | 19 | ||
| Unearned insurance premium | 238 | 238 | ||
| Long-term deferred revenue | 20 | 20 | ||
| Other long-term liabilities | 32 | 18 | ||
| Total other long-term liabilities | 360 | 346 | ||
| Common stock, 0.01 par value 2,000,000,000 shares authorized 88,389,769 shares issued and 72,433,160 shares outstanding as of september 30, 2025 and 87,434,468 shares issued and 75,314,243 shares outstanding as of december 31, 2024 | 1 | 1 | ||
| Additional paid-in capital | 184 | 167 | ||
| Retained earnings | 784 | 678 | ||
| Accumulated other comprehensive loss | -14 | -13 | ||
| Less treasury stock, at cost 15,956,609 shares as of september 30, 2025 and 12,120,225 shares as of december 31, 2024 | 639 | 580 | ||
| Total shareholders' equity | 316 | 254 | ||
| Total liabilities and shareholders' equity | 2,227 | 2,172 | ||
Frontdoor, Inc. (FTDR)
Frontdoor, Inc. (FTDR)