NYSE · FRO
Frontline financials
$48.93+1.73%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.97B | $2.05B | $1.80B | $1.44B | $753.4M | $1.22B | $957.3M | $742.3M | $646.3M | $754.3M |
| Gross profit | $1.73B | $1.82B | $1.63B | $832.7M | $360.7M | $1.22B | $957.3M | $742.3M | $646.3M | $754.3M |
| Gross margin | 87.8% | 88.7% | 90.2% | 57.9% | 47.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $598.8M | $781.7M | $746.7M | $445.6M | $8.5M | $477.9M | $236.1M | $72.5M | -$198.7M | $180.2M |
| Net income | $379.1M | $495.6M | $656.4M | $475.5M | -$15.0M | $412.9M | $140.0M | -$8.9M | -$264.9M | $117.0M |
| Net margin | 19.3% | 24.2% | 36.4% | 33.1% | −2.0% | 33.8% | 14.6% | −1.2% | −41.0% | 15.5% |
| Diluted EPS | $1.70 | $2.23 | $2.95 | $2.22 | $-0.08 | $2.09 | $0.78 | $-0.05 | $-1.56 | $0.75 |
| EBITDA | $927.2M | $1.12B | $977.6M | $608.0M | $168.6M | $612.6M | $353.9M | $195.1M | $220.1M | $376.1M |
| Operating cash flow | $682.5M | $736.4M | $856.2M | $385.3M | $78.4M | $604.1M | $280.2M | $46.2M | $130.5M | $286.0M |
| Free cash flow | $669.9M | -$178.8M | -$775.2M | $49.5M | -$395.4M | $413.5M | $84.2M | -$170.1M | -$583.1M | -$292.9M |
| Diluted shares | 222.6M | 222.6M | 222.6M | 214.0M | 199.0M | 197.8M | 179.3M | 169.8M | 169.8M | 157.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Jan 1 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $251.3M | $413.5M | $308.3M | $254.5M | $113.1M | $174.7M |
| Short-term investments | $2.1M | $4.0M | $7.4M | $236.3M | $2.4M | $8.5M |
| Total debt | $3.07B | $3.74B | $3.46B | $2.39B | $2.33B | $2.14B |
| Total assets | $5.75B | $6.22B | $5.88B | $4.77B | $4.11B | $3.91B |
| Total liabilities | $3.24B | $3.88B | $3.61B | $2.51B | $2.46B | $2.31B |
| Shareholders' equity | $2.51B | $2.34B | $2.28B | $2.26B | $1.64B | $1.60B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology