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Fortrea Holdings Inc. FTRE Clinical Services Segment — Other, net

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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:OtherNonoperatingIncomeExpense.

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 — other, net?
Fortrea Holdings Inc. (FTRE) reported clinical services segment — other, net of $500K in Q1 2026.
What is the long-term trend for Fortrea Holdings Inc.'s clinical services segment — other, net?
Over 3 years (2022 to 2025), Fortrea Holdings Inc.'s clinical services segment — other, net has grown at a 55.5% compound annual growth rate (CAGR), from $2.1M to $7.9M.
What does clinical services segment — other, net mean?
This represents miscellaneous income or expense items related to the clinical services segment that do not fit into primary operating categories like revenue or direct costs. It typically includes non-core activities such as minor asset disposals, legal settlements, or other incidental financial adjustments. Analyzing this provides visibility into non-recurring or peripheral financial drivers within the segment.