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Fortrea Holdings Inc. FTRE Accounts Receivable, Credit Loss Expense (Reversal)

Accounts Receivable, Credit Loss Expense (Reversal) at other companies

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$1.08M+485%

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$1.81B+211%
Enterprise value$2.75B+58.3%
P/S0.7×+0.5×

Profitability

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Gross margin19.3%-0.4pp
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

Reported directly by Fortrea Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

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

Filed
Jul 29, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050597
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:
Depreciation and amortization39.439.1
Stock compensation24.037.3
Credit loss expense4.09.0
Operating lease right-of-use asset expense4.16.0
Operating lease right-of-use asset impairment1.2
Goodwill and other asset impairments797.9
Deferred income taxes0.9(16.8)

Item 1. [Financial Statements (unaudited)](#i3eb220eb1643431ca98f46fb63169304_13)

FAQ

What is Fortrea Holdings Inc.'s accounts receivable, credit loss expense (reversal)?
Fortrea Holdings Inc. (FTRE) reported accounts receivable, credit loss expense (reversal) of $1M in Q2 2026.
How has Fortrea Holdings Inc.'s accounts receivable, credit loss expense (reversal) changed year-over-year?
Fortrea Holdings Inc.'s accounts receivable, credit loss expense (reversal) decreased by 77.8% year-over-year, from $4.5M to $1M.

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