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Fortrea Holdings Inc. FTRE Change in Deferred Revenue

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Other financials

Income statement

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Revenue$636.5M-2.3%
Gross profit$123.6M+6.1%
Operating income-$3.4M+99.3%
Net income-$23.6M+95.8%
EPS (diluted)-$0.25+96.0%

Balance sheet

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Cash & equivalents$147.5M+45.2%
Total debt$1.1B-13.1%
Total equity$525.9M-38.8%
Total assets$2.7B-14.0%

Cash flow

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Operating cash flow-$17.0M+86.3%
CapEx$8.0M+176%
Free cash flow-$25.0M+80.3%

Valuation

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Market cap$1.61B+29.3%

Profitability

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Gross margin18.9%-1.3pp
Operating margin-13.1%-4.1pp
Net margin-16.5%-5.0pp
FCF margin5.8%+1.7pp

Returns & leverage

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Return on equity-64.5%0.0pp
Debt / equity2.1×+0.6×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Fortrea Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInContractWithCustomerLiability.

The official record: Fortrea Holdings Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fortrea Holdings Inc.'s change in deferred revenue?
Fortrea Holdings Inc. (FTRE) reported change in deferred revenue of $6.6M in Q1 2026.
How has Fortrea Holdings Inc.'s change in deferred revenue changed year-over-year?
Fortrea Holdings Inc.'s change in deferred revenue decreased by 36.5% year-over-year, from $10.4M to $6.6M.
What is the long-term trend for Fortrea Holdings Inc.'s change in deferred revenue?
Over 2 years (2021 to 2025), Fortrea Holdings Inc.'s change in deferred revenue has grown at a 70.3% compound annual growth rate (CAGR), from $39.6M to $114.8M.
What does change in deferred revenue mean?
Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.