Fortrea Holdings financials
$19.74−1.60%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $678.2M | $636.5M | $660.5M | $701.3M | $710.3M | $651.3M | $697.0M | $674.9M | $662.4M | $662.1M | $709.7M | $713.8M |
| Gross profit | $139.2M | $123.6M | $131.1M | $122.7M | $133.5M | $116.5M | $140.9M | $148.3M | $137.1M | $107.9M | $131.8M | $150.0M |
| Gross margin | 20.5% | 19.4% | 19.8% | 17.5% | 18.8% | 17.9% | 20.2% | 22.0% | 20.7% | 16.3% | 18.6% | 21.0% |
| Operating income | $14.8M | -$3.4M | -$13.6M | -$8.6M | -$330.3M | -$520.1M | -$55.6M | -$18.0M | -$50.9M | -$37.4M | -$24.0M | $10.3M |
| Net income | -$13.2M | -$23.6M | -$32.5M | -$15.9M | -$374.9M | -$562.9M | -$61.2M | -$27.9M | -$138.4M | -$101.0M | -$54.5M | -$14.0M |
| Net margin | −1.9% | −3.7% | −4.9% | −2.3% | −52.8% | −86.4% | −8.8% | −4.1% | −20.9% | −15.3% | −7.7% | −2.0% |
| Diluted EPS | $-0.14 | $-0.25 | $-0.35 | $-0.17 | $-4.14 | $-6.25 | $-0.68 | $-0.31 | $-1.55 | $-1.13 | $-0.61 | $-0.16 |
| EBITDA | $37.1M | $23.1M | $28.1M | $15.9M | $8.7M | -$5.3M | -$7.2M | $12.0M | -$19.1M | -$10.6M | $7.3M | $45.4M |
| Operating cash flow | $28.9M | -$17.0M | $129.1M | $86.8M | $21.8M | -$124.2M | $17.1M | -$2.4M | $273.7M | -$25.6M | $18.4M | $1.9M |
| Free cash flow | $19.9M | -$25.0M | $121.6M | $79.5M | $14.3M | -$127.1M | $13.9M | -$10.6M | $262.5M | -$34.9M | $9.0M | -$3.2M |
| Diluted shares | 94.8M | 93.6M | 92.9M | 91.2M | 90.6M | 90.1M | 89.8M | 89.6M | 89.4M | 89.2M | 88.8M | 88.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $168.6M | $147.5M | $174.6M | $131.3M | $81.2M | $101.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.05B | $1.05B | $1.05B | $1.13B | $1.18B | $1.21B |
| Total assets | $2.71B | $2.68B | $2.72B | $2.74B | $2.84B | $3.12B |
| Total liabilities | $2.19B | $2.16B | $2.15B | $2.16B | $2.25B | $2.26B |
| Shareholders' equity | $524.2M | $525.9M | $563.5M | $580.8M | $589.2M | $858.8M |
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