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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$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

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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

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Operating cash flow$28.9M
CapEx$9.0M+20.0%
Free cash flow-$25.0M+80.3%

Valuation

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Market cap$1.68B+182%
Enterprise value$2.63B+49.9%
P/S0.6×+0.4×

Profitability

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Gross margin19.3%-0.4pp
Operating margin-0.4%-0.2pp
Net margin-3.2%-1.5pp
FCF margin5.8%+2.0pp

Returns & leverage

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

Where this comes from

Reported directly by Fortrea Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:ForeignCurrencyTransactionGainLossBeforeTax.

The source filing: Fortrea Holdings Inc.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050597
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Amortization14.614.629.229.1
Goodwill and other asset impairments309.1797.9
Restructuring and other charges2.710.39.416.8
Operating income (loss)14.8(330.3)11.4(850.4)
Interest expense(19.3)(23.3)(38.4)(45.6)
Foreign exchange gain (loss)3.5(19.9)13.2(25.5)
Other, net(0.2)2.80.32.8
Loss before income taxes$(1.2)$(370.7)$(13.5)$(918.7)

Item 1. [Financial Statements (unaudited)](#i3eb220eb1643431ca98f46fb63169304_13)

FAQ

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 $3.5M in Q2 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 117.6% year-over-year, from -$19.9M to $3.5M.
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.

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