What is Fortrea Holdings Inc.'s FX effect on cash?

Fortrea Holdings Inc. (FTRE) reported FX effect on cash of -$2.1M in Q1 2026.

How has Fortrea Holdings Inc.'s FX effect on cash changed year-over-year?

Fortrea Holdings Inc.'s FX effect on cash decreased by 175.0% year-over-year, from $2.8M to -$2.1M.

What does FX effect on cash mean?

The impact of exchange rate changes on the value of cash and equivalents held in foreign currencies.

Fortrea Holdings Inc. FTRE FX Effect on Cash

FX Effect on Cash at other companies

Charles River LaboratoriesCRL

$1.25M-76.3%

IQVIAIQV

-$22M-167%

Medpace Holdings, Inc.MEDP

-$2.08M-198%

Labcorp HoldingsLH

-$1.1M-114%

ExlService HoldingsEXLS

-$2.33M-186%

CognizantCTSH

-$1M-108%

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$1.68B+248%

Enterprise value$2.65B+58.8%

P/S0.6×+0.4×

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:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents.

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 FX effect on cash?: Fortrea Holdings Inc. (FTRE) reported FX effect on cash of -$2.1M in Q1 2026.
How has Fortrea Holdings Inc.'s FX effect on cash changed year-over-year?: Fortrea Holdings Inc.'s FX effect on cash decreased by 175.0% year-over-year, from $2.8M to -$2.1M.
What does FX effect on cash mean?: The impact of exchange rate changes on the value of cash and equivalents held in foreign currencies.