Fortrea Holdings financials
$19.74−1.60%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 |
|---|---|---|---|
| Revenue | $2.72B | $2.70B | $2.84B |
| Gross profit | $503.8M | $534.2M | $590.6M |
| Gross margin | 18.5% | 19.8% | 20.8% |
| Operating income | -$872.6M | -$161.9M | $32.0M |
| Net income | -$986.2M | -$328.5M | -$25.2M |
| Net margin | −36.2% | −12.2% | −0.9% |
| Diluted EPS | $-10.81 | $-3.67 | $-0.29 |
| EBITDA | $47.4M | -$24.9M | $151.2M |
| Operating cash flow | $113.5M | $262.8M | $168.4M |
| Free cash flow | $88.3M | $237.3M | $128.1M |
| Diluted shares | 91.2M | 89.5M | 88.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|
| Cash & equivalents | $174.6M | $118.5M | $108.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 |
| Total debt | $1.05B | $1.12B | $1.59B |
| Total assets | $2.72B | $3.58B | $4.33B |
| Total liabilities | $2.15B | $2.22B | $2.62B |
| Shareholders' equity | $563.5M | $1.36B | $1.71B |
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