Fortrea Holdings Inc. (FTRE)
NASDAQ: FTRE · Real-Time Price · USD
18.22
+0.50 (2.82%)
Sep 2, 2026, 11:33 AM EDT - Market open
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 | Jun '26 Jun 30, 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 |
| 2,677 | 2,723 | 2,696 | 2,843 | 2,837 | 3,058 | |
Revenue Growth | -2.08% | 1.00% | -5.14% | 0.19% | -7.21% | 18.49% |
Cost of Revenue | 2,160 | 2,220 | 2,162 | 2,252 | 2,113 | 2,453 |
Gross Profit | 516.6 | 503.8 | 534.2 | 590.6 | 724.4 | 604.4 |
Selling, General & Admin | 412.4 | 456.4 | 560.7 | 448.1 | 416.1 | 303.1 |
Operating Expenses | 490.7 | 534.4 | 646 | 537.4 | 501.6 | 411.8 |
Operating Income | 25.9 | -30.6 | -111.8 | 53.2 | 222.8 | 192.6 |
Interest Expense | -84.2 | -91.4 | -123.8 | -69.7 | -0.2 | -0.2 |
Currency Exchange Gain (Loss) | 11.8 | -26.9 | -10.6 | 0.3 | -2 | 20.2 |
Other Non Operating Income (Expenses) | 5.4 | 7.9 | 21.3 | 6.9 | 2.1 | 2.1 |
EBT Excluding Unusual Items | -41.1 | -141 | -224.9 | -9.3 | 222.7 | 214.7 |
Merger & Restructuring Charges | -36.7 | -44.1 | -50.1 | -21.2 | -25.9 | -20.7 |
Impairment of Goodwill | - | -797.9 | - | - | - | - |
Asset Writedown | - | - | - | - | -9.8 | -57.6 |
Pretax Income | -77.8 | -983 | -275 | -30.5 | 187 | 136.4 |
Income Tax Expense | 7.4 | 3.2 | -3.5 | 1.2 | 41.1 | 38.4 |
Earnings From Continuing Operations | -85.2 | -986.2 | -271.5 | -31.7 | 145.9 | 98 |
Earnings From Discontinued Operations | - | - | -57 | 6.5 | 40.3 | - |
Net Income | -85.2 | -986.2 | -328.5 | -25.2 | 186.2 | 98 |
Net Income to Common | -85.2 | -986.2 | -328.5 | -25.2 | 186.2 | 98 |
Net Income Growth | - | - | - | - | 90.00% | - |
Shares Outstanding (Basic) | 93 | 91 | 90 | 89 | 89 | 89 |
Shares Outstanding (Diluted) | 93 | 91 | 90 | 89 | 89 | 89 |
Shares Change | 3.39% | 1.90% | 0.79% | - | - | - |
EPS (Basic) | -0.92 | -10.81 | -3.67 | -0.28 | 2.10 | 1.10 |
EPS (Diluted) | -0.92 | -10.81 | -3.67 | -0.28 | 2.10 | 1.10 |
EPS Growth | - | - | - | - | 90.62% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 196 | 88.3 | 237.3 | 128.1 | 28.3 | 143.3 |
Free Cash Flow Per Share | 2.10 | 0.97 | 2.65 | 1.44 | 0.32 | 1.61 |
Gross Margin | 19.30% | 18.50% | 19.81% | 20.78% | 25.53% | 19.77% |
Operating Margin | 0.97% | -1.12% | -4.15% | 1.87% | 7.85% | 6.30% |
Profit Margin | -3.18% | -36.21% | -12.18% | -0.89% | 6.56% | 3.21% |
Free Cash Flow Margin | 7.32% | 3.24% | 8.80% | 4.51% | 1.00% | 4.69% |
EBITDA | 98.3 | 41.5 | -30.8 | 130.8 | 308.3 | 301.3 |
EBITDA Margin | 3.67% | 1.52% | -1.14% | 4.60% | 10.87% | 9.85% |
D&A For EBITDA | 72.4 | 72.1 | 81 | 77.6 | 85.5 | 108.7 |
EBIT | 25.9 | -30.6 | -111.8 | 53.2 | 222.8 | 192.6 |
EBIT Margin | 0.97% | -1.12% | -4.15% | 1.87% | 7.85% | 6.30% |
Effective Tax Rate | - | - | - | - | 21.98% | 28.15% |