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18.3%-1.3pp

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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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

Calculated from Fortrea Holdings Inc.’s reported figures.

Based on trailing twelve months.

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

Filed
Jul 29, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050597

FAQ

What is Fortrea Holdings Inc.'s gross margin?
Fortrea Holdings Inc. (FTRE) reported gross margin of 19.3% in Q2 2026.
How has Fortrea Holdings Inc.'s gross margin changed year-over-year?
Fortrea Holdings Inc.'s gross margin decreased by 2.2% year-over-year, from 19.7% to 19.3%.
What is the long-term trend for Fortrea Holdings Inc.'s gross margin?
Over 4 years (2021 to 2025), Fortrea Holdings Inc.'s gross margin has grown at a -1.6% compound annual growth rate (CAGR), from 19.8% to 18.5%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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