Frontier Communications Parent (FYBR) FYBR Q2 Financial Results Summary

# Frontier Communications Parent, Inc. (FYBR) Q2 2025 Financial Results Summary

DALLAS, Texas, July 29, 2025 — Frontier Communications Parent, Inc. (NASDAQ: FYBR) reported its second-quarter 2025 results today. Below is a summary of the key highlights from the performance report.

## Second-Quarter 2025 Highlights

– **Fiber Broadband Customer Growth**:
– Added **126,000 fiber broadband customers**, achieving a **20.0% increase** year-over-year.

– **Average Revenue Per User (ARPU)**:
– Consumer fiber broadband ARPU reached **$68.54**, a **4.9% increase** from the same quarter last year.

– **Record Fiber Passings**:
– Expanded total fiber passings by **334,000** to reach **8.5 million** locations.

– **Revenue**:
– Total revenue for the quarter was **$1.54 billion**, representing a **4.0% growth** compared to the previous year.
– Revenue growth was driven by fiber-based products, despite declines in copper-based products.

– **Operating Income & Net Loss**:
– Operating income for the quarter was **$44 million**.
– Reported a net loss of **$123 million**, consistent with the same quarter last year.

– **Adjusted EBITDA**:
– Adjusted EBITDA came in at **$607 million**, growing **8.4% year-over-year**, fueled by revenue growth and lower content expenses.

– **Capital Expenditures**:
– Cash capital expenditures totaled **$845 million** for Q2 2025.

– **Net Cash from Operations**:
– Generated net cash from operations of **$477 million** during the quarter.

## Consumer and Business Segment Results

### Consumer Segment
– Total consumer revenue reached **$825 million**, a **4.6% increase** year-over-year.
– Consumer fiber revenue stood at **$609 million**, reflecting a **16.4% increase** from Q2 2024.
– Fiber broadband revenue was **$496 million**, showing a **26.2% increase** year-over-year.
– Churn rate for consumer fiber broadband customers improved to **1.29%**, down from **1.40%** in Q2 2024.

### Business and Wholesale Segment
– Business and wholesale revenue totaled **$697 million**, growing by **3.0% year-over-year**.
– Business and wholesale fiber revenue increased to **$330 million**, a **4.1% increase** compared to the same quarter last year.
– Fiber broadband customer growth for this segment was **14.2% year-over-year**, with net additions of **6,000 customers**.

## Financial Position and Liquidity
– As of June 30, 2025, Frontier had total liquidity of approximately **$2.3 billion**:
– Cash balance: **$0.4 billion**.
– Capacity on delayed draw term loan facility: **$1.2 billion**.
– Available borrowing capacity on revolving credit facility: **$0.7 billion**.
– The net leverage ratio was **approximately 4.9x**.

## Additional Details
– Frontier did not declare a quarterly dividend or engage in share repurchases during this reporting period.
– A definitive merger agreement with Verizon was announced on September 4, 2024, with the transaction expected to close by Q1 2026, pending regulatory approvals.

## Conclusion
Frontier Communications made significant strides in customer growth, particularly in fiber broadband, while maintaining revenue growth amidst operational challenges in the legacy copper business. The company continues to focus on its growth strategy, particularly with the anticipated acquisition by Verizon.

For more detailed information, Frontier’s investor relations page provides insights into their financial health, growth strategies, and operational metrics.

### Condensed Consolidated Statements of Income

### Condensed Consolidated Balance Sheet Data