Frontdoor, Inc.
Business
Frontdoor is the leading U.S. provider of home warranties and new home builder warranties under brands including American Home Shield, HSA, OneGuard, Landmark and 2-10 HBW. The company offers customizable annual service plans covering repair or replacement of major home systems and appliances through a network of independent contractors. Frontdoor also provides non-warranty home services including HVAC upgrades and smart water shut-off installations, and new home builder warranty products, acquiring customers through real estate brokers and direct-to-consumer channels.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 2,093 | 1,843 | 1,780 | 1,662 | 1,602 | |
| Cost of services rendered | 936 | 852 | 895 | 952 | 818 | |
| Gross Profit | 1,157 | 991 | 885 | 710 | 784 | |
| Selling and administrative expenses | 669 | 612 | 581 | 521 | 511 | |
| Depreciation and amortization expense | 89 | 39 | 37 | 34 | 35 | |
| Restructuring charges | 4 | 8 | 16 | 20 | 3 | |
| Interest expense | 79 | 40 | 40 | 31 | 39 | |
| Interest and net investment income | −22 | −20 | −16 | −4 | −1 | |
| Loss on extinguishment of debt | 0 | 3 | 0 | 0 | 31 | |
| Income before Income Taxes | 338 | 309 | 229 | 93 | 168 | |
| Provision for income taxes | 84 | 74 | 57 | 22 | 39 | |
| Net Income | 255 | 235 | 171 | 71 | 128 | |
| Unrealized loss on derivative instruments, net of income taxes | −12 | −6 | −3 | 27 | — | |
| Total Other Comprehensive (Loss) Income, Net of Income Taxes | −12 | −6 | −3 | 27 | 15 | |
| Comprehensive Income | 243 | 229 | 169 | 98 | 143 | |
| Basic (per share) | 3.48 | 3.05 | 2.13 | 0.87 | 1.51 | |
| Diluted (per share) | 3.42 | 3.01 | 2.12 | 0.87 | 1.5 | |
| Basic (shares) | 73 | 77 | 81 | 82 | 85 | |
| Diluted (shares) | 75 | 78 | 81 | 82 | 86 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 566 | 421 | 325 | 292 | 262 | |
| Marketable securities | 0 | 15 | 0 | — | — | |
| Receivables, less allowance of $4 and $4, respectively | 10 | 10 | 6 | 5 | 7 | |
| Prepaid expenses and other current assets | 44 | 42 | 32 | 33 | 25 | |
| Assets held for sale | 4 | 0 | — | — | — | |
| Total Current Assets | 624 | 488 | 363 | 330 | 295 | |
| Property and equipment, net | 57 | 73 | 60 | 66 | 66 | |
| Goodwill | 959 | 967 | 503 | 503 | 512 | |
| Intangible assets, net | 398 | 448 | 143 | 148 | 159 | |
| Operating lease right-of-use assets | 7 | 8 | 3 | 11 | 17 | |
| Long-term marketable securities | 0 | 38 | 0 | — | — | |
| Deferred Reinsurance | 66 | 65 | 0 | — | — | |
| Deferred customer acquisition costs | 14 | 11 | 12 | 16 | 16 | |
| Other assets | 17 | 11 | 5 | 8 | 5 | |
| Total Assets | 2,142 | 2,107 | 1,089 | 1,082 | 1,069 | |
| Accounts payable | 89 | 71 | 76 | 80 | 66 | |
| Payroll and related expenses | 47 | 44 | 38 | 22 | 24 | |
| Home warranty claims | 69 | 74 | 76 | — | — | |
| Income taxes payable | 26 | 0 | — | — | — | |
| Other | 34 | 28 | 22 | 21 | 28 | |
| Deferred revenue | 107 | 123 | 102 | 121 | 155 | |
| Current portion of long-term debt | 29 | 29 | 17 | 17 | 17 | |
| Total Current Liabilities | 402 | 369 | 331 | 364 | 378 | |
| Long-Term Debt | 1,144 | 1,170 | 577 | 592 | 608 | |
| Deferred tax liabilities, net | 53 | 49 | 25 | 39 | 41 | |
| Operating lease liabilities | 18 | 20 | 16 | 18 | 19 | |
| Unearned insurance premium | 236 | 233 | 0 | — | — | |
| Long-term deferred revenue | 19 | 12 | 0 | — | — | |
| Other long-term liabilities | 27 | 16 | 5 | 8 | 21 | |
| Total Other Long-Term liabilities | 354 | 329 | 46 | 65 | 81 | |
| Commitments and Contingencies (Note 9) | — | — | — | — | — | |
| 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 | 1 | 1 | 1 | 1 | |
| Additional paid-in capital | 195 | 152 | 117 | 90 | 70 | |
| Retained earnings | 785 | 530 | 296 | 124 | 53 | |
| Accumulated other comprehensive loss | −12 | 0 | 6 | 8 | −18 | |
| 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 | −444 | −283 | −162 | −103 | |
| Total Shareholders' Equity | 242 | 239 | 136 | 61 | 2 | |
| Total Liabilities and Shareholders' Equity | 2,142 | 2,107 | 1,089 | 1,082 | 1,069 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Deferred income tax provision (benefit) | 9 | 0 | −13 | −10 | −2 | |
| Stock-based compensation expense | 34 | 26 | 26 | 22 | 25 | |
| Other | −1 | 1 | 6 | 1 | 5 | |
| Receivables | −1 | 1 | 0 | 2 | −2 | |
| Deferred reinsurance | −2 | 0 | 0 | — | — | |
| Deferred customer acquisition costs | −3 | 1 | 0 | — | — | |
| Prepaid expenses and other current assets | −5 | −2 | −1 | −3 | — | |
| Accounts payable | 19 | −7 | −4 | 15 | 10 | |
| Deferred revenue | −8 | −9 | −19 | −35 | −32 | |
| Accrued liabilities | −1 | −10 | 2 | 10 | −6 | |
| Unearned insurance premium | 5 | −1 | 0 | — | — | |
| Current income taxes | 25 | −8 | −1 | 6 | 1 | |
| Net Cash Provided from Operating Activities | 416 | 270 | 202 | 142 | 185 | |
| Purchases of property and equipment | −26 | −39 | −32 | −40 | −31 | |
| Business acquisitions, net of cash acquired | 3 | −583 | 0 | 0 | — | |
| Purchases of available-for-sale securities | −6 | 0 | 0 | — | — | |
| Sales and maturities of available-for-sale securities | 60 | 0 | 0 | — | — | |
| Net Cash Provided from (Used for) Investing Activities | 31 | −622 | −32 | −35 | −31 | |
| Borrowings of debt, net of discount | 0 | 1,216 | 0 | 0 | 638 | |
| Repayments of debt | −29 | −598 | −17 | −17 | −994 | |
| Debt issuance costs paid | 0 | −18 | 0 | 0 | −8 | |
| Repurchases of common stock | −283 | −161 | −121 | −59 | −103 | |
| Other financing activities | 9 | 9 | 1 | −2 | −1 | |
| Net Cash Provided from (Used for) Financing Activities | −302 | 447 | −137 | −77 | −489 | |
| Cash Increase During the Period | 145 | 96 | 34 | 29 | −335 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Frontdoor, Inc.'s CIK number?
Frontdoor, Inc.'s SEC CIK number is 0001727263 (1727263). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Frontdoor, Inc.'s SEC filings?
All of Frontdoor, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Frontdoor, Inc. last report earnings?
Frontdoor, Inc. (FTDR) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001727263-26-000006). This is Frontdoor, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Frontdoor, Inc.'s most recent earnings 8-K?
Frontdoor, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001727263-26-000006. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Frontdoor, Inc.'s latest earnings 8-K →
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