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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
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 operating margin?
Fortrea Holdings Inc. (FTRE) reported operating margin of -0.4% in Q2 2026.
How has Fortrea Holdings Inc.'s operating margin changed year-over-year?
Fortrea Holdings Inc.'s operating margin increased by 98.8% year-over-year, from -33.8% to -0.4%.
What is the long-term trend for Fortrea Holdings Inc.'s operating margin?
Over 4 years (2021 to 2025), Fortrea Holdings Inc.'s operating margin has grown at a 71.1% compound annual growth rate (CAGR), from 3.7% to -32%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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