Fortrea Holdings Inc. (FTRE) — Financial statements
Income statement, balance sheet, and cash flow for Fortrea Holdings Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,723↑1.0% | 2,696↓5.1% | 2,843↑0.2% | 2,837↓7.2% | 3,058 | |
| Cost of Revenue | 2,298↑6.3% | 2,162↓4.0% | 2,252↑6.6% | 2,113↓13.9% | 2,453 | |
| Gross Profit | 426↓20.3% | 534↓9.5% | 591↓18.5% | 724↑19.9% | 604 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 456↓18.6% | 561↑25.1% | 448↑7.7% | 416↑37.3% | 303 | |
| Other Expenses | 0.00↓100.0% | 135↑22.5% | 111↓8.8% | 121↓35.2% | 187 | |
| Operating Expenses | 456↓34.4% | 696↑24.6% | 559↑4.0% | 537↑9.6% | 490 | |
| Total Costs & Expenses | 2,754↓3.6% | 2,858↑1.7% | 2,811↑6.1% | 2,650↓10.0% | 2,943 | |
| Operating Results | ||||||
| Operating Income | -31↑81.1% | -162↓605.9% | 32↓82.9% | 187↑63.7% | 114 | |
| Depreciation & Amortization | 78↓10.2% | 87↓11.3% | 98↑4.7% | 94↓43.7% | 166 | |
| EBITDA | -814↓1165.3% | -64↓146.9% | 137↓51.1% | 281↓7.3% | 303 | |
| EBIT | -892↓489.7% | -151↓485.7% | 39↓79.1% | 187↑37.0% | 137 | |
| Interest & Other Income | ||||||
| Net Interest Income | -91↑26.2% | -124↓77.6% | -70↓34750.0% | -0.20↑0.0% | -0.20 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 91↓26.2% | 124↑77.4% | 70↑34800.0% | 0.20↑0.0% | 0.20 | |
| Non-Operating Income | 861↑8146.7% | -11↓48.6% | -7↓7100.0% | -0.10↑99.6% | -22 | |
| Other Income / Expenses | -952↓742.1% | -113↓81.0% | -63↓62400.0% | -0.10↓100.5% | 22 | |
| Income Before Tax | -983↓257.5% | -275↓801.6% | -31↓116.3% | 187↑37.1% | 136 | |
| Income Tax Expense | 3↑191.4% | -4↓391.7% | 1↓97.1% | 41↑7.0% | 38 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -986↓263.2% | -272↓756.5% | -32↓121.7% | 146↑48.9% | 98 | |
| Net Income from Discontinued Operations | 0.00↑100.0% | -57↓976.9% | 7↓83.9% | 40 | 0.00 | |
| Net Income | -986↓200.2% | -329↓1203.6% | -25↓113.5% | 186↑90.0% | 98 | |
| Bottom-Line Net Income | -986↓200.2% | -329↓1203.6% | -25↓113.5% | 186↑90.0% | 98 | |
| EPS (Basic) | -10.81↓194.6% | -3.67↓9075.0% | -0.04↓101.9% | 2.11↑90.1% | 1.11 | |
| EPS (Diluted) | -10.81↓194.6% | -3.67↓9075.0% | -0.04↓101.9% | 2.11↑90.1% | 1.11 | |
| Weighted Average Shares | 91↑1.9% | 90↑0.8% | 89↑0.5% | 88↑0.0% | 88 | |
| Weighted Average Diluted Shares | 91↑1.9% | 90↑0.8% | 89↑0.5% | 88↑0.0% | 88 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.