What is Fortrea Holdings Inc.'s income tax?

Fortrea Holdings Inc. (FTRE) reported income tax of $11.3M in Q1 2026.

How has Fortrea Holdings Inc.'s income tax changed year-over-year?

Fortrea Holdings Inc.'s income tax decreased by 24.2% year-over-year, from $14.9M to $11.3M.

What is the long-term trend for Fortrea Holdings Inc.'s income tax?

Over 2 years (2021 to 2024), Fortrea Holdings Inc.'s income tax has grown at a -69.8% compound annual growth rate (CAGR), from $38.4M to -$3.5M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Fortrea Holdings Inc. FTRE Income Tax

Income Tax at other companies

Charles River LaboratoriesCRL

-$15.14M-250%

IQVIAIQV

$59M-3.3%

Medpace Holdings, Inc.MEDP

$23.72M+564%

Septerna, Inc.SEPN

$337K—

Option Care Health, Inc.OPCH

$15.66M-6.9%

BrightSpring Health Services, Inc.BTSG

$8.55M+3,663%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$17.0M+86.3%

CapEx$8.0M+176%

Free cash flow-$25.0M+80.3%

Valuation

See full

Market cap$1.56B+29.3%

Enterprise value$2.53B-0.8%

P/S0.6×+0.1×

Profitability

See full

Gross margin18.9%-1.3pp

Operating margin-13.1%-4.1pp

Net margin-16.5%-5.0pp

FCF margin5.8%+1.7pp

Returns & leverage

See full

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:IncomeTaxExpenseBenefit.

The official record: Fortrea Holdings Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about Fortrea Holdings Inc.'s income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Fortrea Holdings Inc.'s income tax?: Fortrea Holdings Inc. (FTRE) reported income tax of $11.3M in Q1 2026.
How has Fortrea Holdings Inc.'s income tax changed year-over-year?: Fortrea Holdings Inc.'s income tax decreased by 24.2% year-over-year, from $14.9M to $11.3M.
What is the long-term trend for Fortrea Holdings Inc.'s income tax?: Over 2 years (2021 to 2024), Fortrea Holdings Inc.'s income tax has grown at a -69.8% compound annual growth rate (CAGR), from $38.4M to -$3.5M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.