Frontdoor, Inc.

For the period ended Sep 30, 2025. Filed Nov 5, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 5, 2025

FTDR$98.50-2.2%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Financial Position

(In millions, except share data)

	As of
September 30, · December 31,
2025 · 2024
Assets:
Current Assets:
Cash and cash equivalents	$	563	$	421
Marketable securities		—		15
Receivables, less allowance of $4 and $4, respectively		10		10
Prepaid expenses and other current assets		39		42
Contract assets		77		—
Assets held for sale		5		—
Total Current Assets		695		488
Other Assets:
Property and equipment, net		59		73
Goodwill		971		967
Intangible assets, net		400		448
Operating lease right-of-use assets		7		8
Long-term marketable securities		—		38
Deferred reinsurance		68		65
Deferred customer acquisition costs		13		11
Other assets		15		11
Total Assets	$	2,227	$	2,107
Liabilities and Shareholders' Equity:
Current Liabilities:
Accounts payable	$	104	$	71
Accrued liabilities:
Payroll and related expenses		36		44
Home warranty claims		71		74
Income taxes payable		36		1
Other		31		28
Deferred revenue		94		123
Current portion of long-term debt		29		29
Total Current Liabilities		401		369
Long-Term Debt		1,151		1,170
Other Long-Term Liabilities:
Deferred tax liabilities, net		52		49
Operating lease liabilities		18		20
Unearned insurance premium		238		233
Long-term deferred revenue		20		12
Other long-term liabilities		32		16
Total Other Long-Term Liabilities		360		329
Commitments and Contingencies (Note 8)
Shareholders' Equity:
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		152
Retained earnings		784		530
Accumulated other comprehensive loss		(14)		—
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)		(444)
Total Shareholders' Equity		316		239
Total Liabilities and Shareholders' Equity	$	2,227	$	2,107

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.