Frontdoor, Inc.
For the period ended Mar 31, 2026. Filed Apr 30, 2026.
View on SEC.govAbout 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.
Mar 31, 2026 · Filed Apr 30, 2026
FTDR$98.50-2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Financial Position
(In millions, except share data)
| As of | ||||
|---|---|---|---|---|
| March 31, · December 31, | ||||
| 2026 · 2025 | ||||
| Assets: | ||||
| Current Assets: | ||||
| Cash and cash equivalents | $ | 603 | $ | 566 |
| Receivables, less allowance of $3 and $4, respectively | 10 | 10 | ||
| Prepaid expenses and other current assets | 43 | 44 | ||
| Assets held for sale | 4 | 4 | ||
| Total Current Assets | 661 | 624 | ||
| Other Assets: | ||||
| Property and equipment, net | 54 | 57 | ||
| Goodwill | 959 | 959 | ||
| Intangible assets, net | 386 | 398 | ||
| Operating lease right-of-use assets | 7 | 7 | ||
| Deferred reinsurance | 65 | 66 | ||
| Deferred customer acquisition costs | 15 | 14 | ||
| Other assets | 18 | 17 | ||
| Total Assets | $ | 2,164 | $ | 2,142 |
| Liabilities and Shareholders' Equity: | ||||
| Current Liabilities: | ||||
| Accounts payable | $ | 87 | $ | 89 |
| Accrued liabilities: | ||||
| Payroll and related expenses | 32 | 47 | ||
| Home warranty claims | 64 | 69 | ||
| Income taxes payable | 35 | 26 | ||
| Other | 30 | 34 | ||
| Deferred revenue | 173 | 107 | ||
| Current portion of long-term debt | 29 | 29 | ||
| Total Current Liabilities | 451 | 402 | ||
| Long-Term Debt | 1,138 | 1,144 | ||
| Other Long-Term Liabilities: | ||||
| Deferred tax liabilities, net | 54 | 53 | ||
| Operating lease liabilities | 17 | 18 | ||
| Unearned insurance premium | 235 | 236 | ||
| Long-term deferred revenue | 18 | 19 | ||
| Other long-term liabilities | 22 | 27 | ||
| Total Other Long-Term Liabilities | 345 | 354 | ||
| Commitments and Contingencies (Note 7) | ||||
| Shareholders' Equity: | ||||
| Common stock, $0.01 par value; 2,000,000,000 shares authorized; 89,008,654 shares issued and 70,527,394 shares outstanding as of March 31, 2026 and 88,480,560 shares issued and 70,958,215 shares outstanding as of December 31, 2025 | 1 | 1 | ||
| Additional paid-in capital | 199 | 195 | ||
| Retained earnings | 826 | 785 | ||
| Accumulated other comprehensive loss | (8) | (12) | ||
| Less treasury stock, at cost; 18,481,260 shares as of March 31, 2026 and 17,522,345 shares as of December 31, 2025 | (787) | (727) | ||
| Total Shareholders' Equity | 230 | 242 | ||
| Total Liabilities and Shareholders' Equity | $ | 2,164 | $ | 2,142 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.