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Fortrea Holdings Inc. FTRE Clinical Services Segment — Foreign exchange gain (loss)

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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%
Enterprise value$2.58B-0.8%
P/S0.6×+0.1×

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:ForeignCurrencyTransactionGainLossBeforeTax.

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 clinical services segment — foreign exchange gain (loss)?
Fortrea Holdings Inc. (FTRE) reported clinical services segment — foreign exchange gain (loss) of $9.7M in Q1 2026.
How has Fortrea Holdings Inc.'s clinical services segment — foreign exchange gain (loss) changed year-over-year?
Fortrea Holdings Inc.'s clinical services segment — foreign exchange gain (loss) increased by 273.2% year-over-year, from -$5.6M to $9.7M.
What is the long-term trend for Fortrea Holdings Inc.'s clinical services segment — foreign exchange gain (loss)?
Over 3 years (2022 to 2025), Fortrea Holdings Inc.'s clinical services segment — foreign exchange gain (loss) has grown at a 141.3% compound annual growth rate (CAGR), from -$2M to -$28.1M.
What does clinical services segment — foreign exchange gain (loss) mean?
This metric represents the net impact of currency fluctuations on the financial results of the clinical services business segment. It captures gains or losses arising from transactions denominated in currencies other than the functional currency of the segment's operations. Monitoring this helps investors understand the segment's exposure to international market volatility.