Skip to content
Screener

Fortrea Holdings Inc. FTRE Q2 2026 earnings

Reported July 29, 2026 · Before market open

Revenue$678.2MBeat by $30.6M
Adjusted EPS$0.23Beat by $0.05
Revenue estimate$647.6M
EPS estimate$0.18
“We delivered solid operating and financial performance, including our fourth consecutive quarter with a book-to-bill ratio above 1.0x, and raised our full-year 2026 guidance to reflect our confidence in the business. Underlying this performance is the dedication of our teams around the world, who continue to build trusted partnerships with clients and help advance important therapies for patients. We remain focused on commercial execution, operational excellence and financial discipline as we continue our strategic journey toward sustainable growth and margin expansion.”
Anshul Thakral

Next report

Nov 5, 2026 (in 2 months)
Revenue estimate$670.5M
EPS estimate$0.23

Financials

Q2 2026

Income statement

See full
Revenue$678.2M-4.5%
Gross profit$139.2M+4.3%
Operating income$14.8M+104%
Net income-$13.2M+96.5%
EPS (diluted)-$0.14+96.6%

Balance sheet

See full
Cash & equivalents$168.6M+108%
Total debt$1.1B-10.0%
Total equity$524.2M-11.0%
Total assets$2.7B-4.2%

Cash flow

See full
Operating cash flow$28.9M—
CapEx$9.0M+20.0%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$1.88B+105%
Enterprise value$2.83B+36.3%
P/S0.7×+0.4×

Profitability

See full
Gross margin19.3%-0.4pp
Operating margin-0.4%-0.2pp
Net margin-3.2%-1.5pp

Returns & leverage

See full
Return on equity-15.3%-7.0pp
Debt / equity2.1×0.0×
Current ratio1×-0.1×

Segments

By geography

See full
North America$319.7M-7.1%
Europe$219.7M+0.5%
Other$138.8M-5.8%

By segment

See full
Clinical Services Segment$678.2M-4.5%

FAQ

When did Fortrea Holdings Inc. report Q2 2026 earnings?
Fortrea Holdings Inc. (FTRE) reported Q2 2026 earnings on July 29, 2026 before market open.
What were Fortrea Holdings Inc.'s Q2 2026 revenue and EPS?
Fortrea Holdings Inc. reported revenue of $678.2M and adjusted eps of $0.23 for Q2 2026.
Did Fortrea Holdings Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $647.6M by $30.6M. EPS beat the consensus estimate of $0.18 by $0.05.
How did Fortrea Holdings Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 4.5% from $710.3M a year earlier.
Where can I find Fortrea Holdings Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-050368) and the 10-Q periodic report (0001628280-26-050597) directly on SEC EDGAR. The filing index links above go to sec.gov.