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Fortrea Holdings Inc. FTRE Europe — Revenue

Other geography segments

North America
$319.7M-7.1%
Other
$138.8M-5.8%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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, 2026 / North AmericaThree Months Ended June 30, 2026 / EuropeThree Months Ended June 30, 2026 / OtherThree Months Ended June 30, 2026 / TotalThree Months Ended June 30, 2025 / North AmericaThree Months Ended June 30, 2025 / EuropeThree Months Ended June 30, 2025 / OtherThree Months Ended June 30, 2025 / Total
Revenues$319.7$219.7$138.8$678.2$344.3$218.7$147.3$710.3

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

FAQ

What is Fortrea Holdings Inc.'s europe — revenue?
Fortrea Holdings Inc. (FTRE) reported europe — revenue of $219.7M in Q2 2026.
How has Fortrea Holdings Inc.'s europe — revenue changed year-over-year?
Fortrea Holdings Inc.'s europe — revenue increased by 0.5% year-over-year, from $218.7M to $219.7M.
What is the long-term trend for Fortrea Holdings Inc.'s europe — revenue?
Over 4 years (2021 to 2025), Fortrea Holdings Inc.'s europe — revenue has grown at a -0.5% compound annual growth rate (CAGR), from $868.4M to $851.7M.
What does europe — revenue mean?
This metric represents the total gross income generated from clinical trial management, pharmacology, and patient access services provided within the European geographic region. It reflects the company's market penetration and demand for contract research services in this specific territory. Monitoring this figure helps investors assess regional growth trends and the success of local business development strategies.

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