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FYBR

Frontier Communications Parent, Inc.

FYBR

Frontier Communications Parent, Inc. NASDAQ
$37.92 0.13% (+0.05)

Market Cap $9.49 B
52w High $37.98
52w Low $34.39
Dividend Yield 0%
P/E -24.78
Volume 587.71K
Outstanding Shares 250.34M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.55B $886M $-76M -4.903% $-0.3 $578M
Q2-2025 $1.539B $963M $-123M -7.992% $-0.001 $522M
Q1-2025 $1.511B $914M $-64M -4.236% $-0.26 $562M
Q4-2024 $1.506B $886M $-118M -7.835% $-0.47 $549M
Q3-2024 $1.489B $865M $-82M -5.507% $-0.33 $532M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $420M $21.627B $16.928B $4.699B
Q2-2025 $505M $21.265B $16.504B $4.761B
Q1-2025 $599M $20.898B $16.021B $4.877B
Q4-2024 $806M $21.893B $16.952B $4.941B
Q3-2024 $1.32B $20.859B $15.793B $5.066B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-76M $504M $-818M $177M $-85M $-315M
Q2-2025 $-123M $477M $-841M $209M $-94M $-368M
Q1-2025 $-64M $519M $-756M $45M $-207M $-238M
Q4-2024 $-118M $294M $-783M $-80M $-514M $-498M
Q3-2024 $-82M $618M $-691M $307M $123M $-81M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Data And Internet Services
Data And Internet Services
$1.03Bn $1.05Bn $1.08Bn $1.12Bn
Other Customer Revenues
Other Customer Revenues
$90.00M $80.00M $90.00M $80.00M
Video Services
Video Services
$80.00M $70.00M $70.00M $60.00M
Voice Services
Voice Services
$300.00M $290.00M $280.00M $270.00M

Five-Year Company Overview

Income Statement

Income Statement Frontier’s income statement shows a business in mid‑transformation rather than in a steady state. Revenue had been drifting down for years but has recently stabilized and even nudged higher, which suggests the fiber strategy is starting to offset declines in old copper-based services. Profitability is mixed: operating profits remain positive but have eased from earlier highs, and net income has swung from a very large one‑time gain a few years ago to modest profit and now back to a loss. In plain terms, the core business is functioning, but the company is absorbing higher costs and charges as it upgrades its network, and that is weighing on bottom‑line results.


Balance Sheet

Balance Sheet The balance sheet reflects a capital‑heavy infrastructure company leaning hard into investment. Total assets have grown, largely driven by the expanding fiber network. Equity has improved from deeply negative levels several years ago to a more solid positive base, showing that the post‑restructuring capital reset still provides some cushion. However, debt has climbed significantly and now represents a large share of the capital structure, while cash on hand remains relatively modest. This mix points to meaningful financial leverage: manageable as long as the network build translates into durable cash flows, but a clear area of risk if operating performance disappoints or financing conditions tighten.


Cash Flow

Cash Flow Cash flow tells the core story: Frontier generates healthy cash from operations, and this has generally trended better over time as the fiber business scales. However, capital spending on the fiber build is very high, and that pushes free cash flow well into negative territory year after year. In other words, the business is throwing off cash, but management is choosing to reinvest more than it earns to accelerate the network upgrade. This is typical for a large infrastructure rollout, but it does mean the company relies on debt and other funding to bridge the gap until spending tapers and the new network base can support positive, self‑funded free cash flow.


Competitive Edge

Competitive Edge Frontier is trying to reposition itself from a struggling legacy telecom provider into a fiber‑led broadband challenger. Its main competitive strength is the technical superiority of fiber: more reliable connections and much faster, symmetrical speeds than traditional cable or DSL, which is increasingly important for remote work, cloud use, and media streaming. The company is focusing on both underserved areas and more competitive suburbs, pairing a simple pricing message with no data caps and customer rewards. Where fiber is available, customer satisfaction has improved and can rival or beat incumbents. The flip side is that Frontier is still smaller and less diversified than national giants, carries a legacy reputation in some regions, and faces intense competition from cable and fixed wireless alternatives. Its long‑term position will depend on execution speed, customer experience, and the economics of its fiber footprint. The materials you provided also mention a potential combination with Verizon; if any such transaction were to proceed, it could materially reshape Frontier’s scale and market role, but details and outcomes remain uncertain.


Innovation and R&D

Innovation and R&D Innovation at Frontier is less about classic lab R&D and more about aggressively upgrading infrastructure and services. The company’s “fiber‑first” approach underpins everything: multi‑gigabit speeds, symmetrical upload and download, and support for the next generation of applications. It complements this with modern in‑home technology (such as advanced Wi‑Fi gear), a dedicated Fiber Innovation Lab focused on deployment efficiency and new service capabilities, and partnerships like Google’s high‑quality peering designation. Programs such as “Broadband for Good” and tailored enterprise solutions show attempts to differentiate on social impact and customized service, not just speed. Looking ahead, the roadmap toward even higher‑speed offerings and expanded business services will be key indicators of whether Frontier can maintain a technology edge rather than merely catch up to peers.


Summary

Overall, Frontier looks like a company in the middle of a high‑risk, high‑effort transformation. Financially, revenue has stopped shrinking and is inching up, but profitability remains uneven, and the balance sheet carries substantial debt. Operationally, cash generation from the existing business is solid, yet heavy network investment keeps free cash flow firmly negative for now. Strategically, the shift to a fiber‑centric model gives Frontier a clearer value proposition and a more defensible position against cable and wireless rivals, especially in territories where it can be the premier fiber provider. The main questions are execution and timing: how quickly the new fiber footprint can be monetized, when capital intensity will ease, and whether the company can strengthen its balance sheet while maintaining service quality. Any major corporate developments, such as a potential tie‑up with a larger carrier, would add another layer of change and uncertainty to that trajectory.