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Fortrea Holdings Inc. FTRE North America — Revenue

Other geography segments

Europe
$219.7M+0.5%
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 ratio1×-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 north america — revenue?
Fortrea Holdings Inc. (FTRE) reported north america — revenue of $319.7M in Q2 2026.
How has Fortrea Holdings Inc.'s north america — revenue changed year-over-year?
Fortrea Holdings Inc.'s north america — revenue decreased by 7.1% year-over-year, from $344.3M to $319.7M.
What is the long-term trend for Fortrea Holdings Inc.'s north america — revenue?
Over 4 years (2021 to 2025), Fortrea Holdings Inc.'s north america — revenue has grown at a -6.0% compound annual growth rate (CAGR), from $1.65B to $1.29B.
What does north america — revenue mean?
This metric represents the total gross income generated from clinical trial management, pharmacology, and patient access services provided within the North American geographic region. It reflects the company's market penetration and demand for its contract research organization services in this specific territory. Tracking this figure helps investors assess regional growth trends and the effectiveness of local sales and operational strategies.

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