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Fortrea Holdings Inc. FTRE Increase (Decrease) In Accounts Receivable And Contract With Customer, Asset

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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$1.61B+29.3%
Enterprise value$2.58B-0.8%
P/S0.6×+0.1×

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 ftre:IncreaseDecreaseInAccountsReceivableAndContractWithCustomerAsset.

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 increase (decrease) in accounts receivable and contract with customer, asset?
Fortrea Holdings Inc. (FTRE) reported increase (decrease) in accounts receivable and contract with customer, asset of $33.7M in Q1 2026.
How has Fortrea Holdings Inc.'s increase (decrease) in accounts receivable and contract with customer, asset changed year-over-year?
Fortrea Holdings Inc.'s increase (decrease) in accounts receivable and contract with customer, asset decreased by 52.2% year-over-year, from $70.5M to $33.7M.
What does increase (decrease) in accounts receivable and contract with customer, asset mean?
Measures the net change in balances owed by customers for services rendered, including contract assets representing unbilled revenue. A significant increase may indicate aggressive revenue recognition or challenges in the collection cycle, while a decrease suggests effective working capital management. This metric is essential for assessing the quality of earnings and cash conversion efficiency.