Fortrea Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,709	2,723	2,696	2,723	2,696	2,843
Revenue Growth (YoY)	0.86%	1.00%	-0.99%	1.00%	-5.14%	10.16%
Cost of Revenue	2,198	2,220	2,162	2,220	2,162	2,252
Gross Profit	510.9	503.8	534.2	503.8	534.2	590.6
Selling, General & Admin	435.1	456.4	560.7	456.4	560.7	448.1
Depreciation & Amortization Expenses	78.3	78	85.3	78	85.3	89.3
Other Operating Expenses	353.4	842	50.1	842	50.1	21.2
Total Operating Expenses	866.8	1,376	696.1	1,376	696.1	558.6
Operating Income	-355.9	-872.6	-161.9	-872.6	-161.9	32
Interest Expense	-88.2	-91.4	-123.8	-91.4	-123.8	-69.7
Other Non-Operating Income (Expense)	-3.2	-19	10.7	-19	10.7	7.2
Total Non-Operating Income (Expense)	-91.4	-110.4	-113.1	-110.4	-113.1	-62.5
Pretax Income	-447.3	-983	-275	-983	-275	-30.5
Provision for Income Taxes	-0.4	3.2	-3.5	3.2	-3.5	1.2
Net Income	-446.9	-986.2	-328.5	-986.2	-328.5	-25.2
Earnings From Discontinued Operations	-	-	-57	-	-57	6.5
Net Income to Common	-446.9	-986.2	-328.5	-986.2	-328.5	-25.2
Shares Outstanding (Basic)	92	91	90	89	89	89
Shares Outstanding (Diluted)	93	91	90	89	89	89
Shares Change (YoY)	3.67%	1.90%	0.79%	-	-	-
EPS (Basic)	-4.91	-10.81	-3.67	-0.29	1.64	1.10
EPS (Diluted)	-4.91	-10.81	-3.67	-0.29	1.64	1.10
EPS Growth	-	-	-	-	49.09%	-
Shares Outstanding	94.6	93.1	89.7	88.8	-	-
Free Cash Flow	190.4	88.3	237.3	128.1	28.3	143.3
Free Cash Flow Growth	115.63%	-62.79%	85.25%	352.65%	-80.25%	-18.99%
Free Cash Flow Per Share	2.04	0.97	2.65	1.44	0.32	1.61
Gross Margin	18.86%	18.50%	19.81%	18.50%	19.81%	20.78%
Operating Margin	-13.14%	-32.04%	-6.00%	-32.04%	-6.00%	1.13%
Profit Margin	-15.63%	-36.21%	-10.07%	-36.21%	-10.07%	-1.12%
FCF Margin	7.03%	3.24%	8.80%	4.70%	1.05%	5.04%
EBITDA	-277.6	-794.6	-75	-774.6	-68.3	198.3
EBITDA Margin	-10.25%	-29.18%	-2.78%	-28.44%	-2.53%	6.98%
EBIT	-355.9	-872.6	-161.9	-872.6	-161.9	32
EBIT Margin	-13.14%	-32.04%	-6.00%	-32.04%	-6.00%	1.13%
Effective Tax Rate	0.09%	-0.33%	1.27%	-0.33%	1.27%	-3.93%

SEC Filings: 10-K · 10-Q