Fortrea Holdings Inc. (FTRE) quarterly cash flow statement — complete operating, investing & financing history
Fortrea Holdings Inc. (FTRE) cash flow statement — 5-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|
| Cash from Operations | 60.8M | -16.5M | -17M | 129.1M | 86.8M | 21.8M | -124.2M | 17.1M | -2.4M | 273.7M | -25.6M | 12.4M | 1.9M | 150.1M | -2M | 28.3M |
| Operating CF Margin % | 8.79% | -2.43% | -2.67% | 19.55% | 12.38% | 3.07% | -19.07% | 2.45% | -0.36% | 41.32% | -3.87% | 1.6% | 0.27% | 20.7% | -0.29% | 5.63% |
| Operating CF Growth % | -29.95% | -175.69% | 86.31% | 654.97% | 3716.67% | -92.04% | -385.16% | 37.9% | -226.32% | 82.35% | -1180% | -56.18% | - | - | - | - |
| Net Income | 600K | -13.2M | -23.6M | -32.5M | -15.9M | -374.9M | -562.9M | -73.9M | -27.9M | -138.4M | -101M | -36M | -14M | 30.8M | 12.5M | 33.4M |
| Depreciation & Amortization | 20M | 19.6M | 19.8M | 19.3M | 19.6M | 19.6M | 19.5M | 20.8M | 21.2M | 21.4M | 23.5M | 23.9M | 25M | 25.5M | 23.1M | 23M |
| Stock-Based Compensation | 12M | 12.6M | 11.4M | 14.8M | 22.3M | 22.7M | 14.6M | 0 | 13M | 15M | 15.1M | 15.5M | 11.1M | 9.4M | 6.7M | 5.8M |
| Deferred Taxes | 100K | 4.9M | -4M | -7.6M | -7.6M | -10.2M | -6.6M | -1.4M | -11.6M | -15.8M | 4.2M | -27.8M | -8.8M | -900K | -3.6M | -9.7M |
| Other Non-Cash Items | -2.1M | -12.8M | -2.8M | 2.3M | 8.2M | 354.3M | 499.8M | 37.4M | 32M | 40.8M | 23.9M | 2M | 25.5M | 12.1M | 8.7M | 16.4M |
| Working Capital Changes | 30.2M | -27.6M | -17.8M | 132.8M | 60.2M | 10.3M | -88.6M | 34.2M | -29.1M | 350.7M | 8.7M | 34.8M | -36.9M | 73.2M | -49.4M | -40.6M |
| Change in Receivables | 14.7M | -36.3M | -33.7M | 81.5M | 66.9M | -7M | -70.5M | 19M | -56M | 312.2M | 34.7M | -2.2M | -56.4M | -15.9M | 27.3M | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -900K | -16.7M | 41.3M | -20.2M | -42.9M | -18.4M | -28.4M | 1.4M | -7.2M | 13.9M | -900K | 3.8M | 26M | -500K | 20.4M | -1.1M |
| Cash from Investing | -8.3M | -7M | -8M | -7.5M | 13.3M | -7.5M | 16.1M | 3.5M | -8.1M | 265.4M | -9.2M | -9M | 2.7M | -9.3M | -16.2M | -18.4M |
| Capital Expenditures | -8.3M | -9M | -8M | -7.5M | -7.3M | -7.5M | -2.9M | 3.2M | -8.2M | -11.2M | -9.3M | -9.4M | -5.1M | -9.6M | -16.2M | -18.4M |
| CapEx % of Revenue | 1.2% | 1.33% | 1.26% | 1.14% | 1.04% | 1.06% | 0.45% | 0.46% | 1.21% | 1.69% | 1.4% | 1.21% | 0.71% | 1.32% | 2.33% | 3.66% |
| Acquisitions | 0 | 0 | 0 | 19M | 20.6M | -19M | 19M | 300K | 0 | 276.6M | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 2M | 0 | -19M | 0 | 19M | 0 | 0 | 100K | 0 | 100K | 400K | 7.8M | 300K | 0 | 0 |
| Cash from Financing | 0 | 0 | 0 | -75.7M | -50M | -39M | 88.4M | -1.1M | -14M | -504M | 21.3M | -4.6M | -7.7M | -149.9M | 24.5M | -8.3M |
| Debt Issued (Net) | 0 | 0 | 0 | -75.7M | -50M | -39M | 89M | -700K | 0 | -504M | 21.3M | -7.7M | -7.7M | 1.63B | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | -600K | -400K | -14M | 0 | 0 | 3.1M | 0 | -1.78B | 24.5M | -8.3M |
| Net Change in Cash | 52M | -24.3M | -27.1M | 43.3M | 50.1M | -20.4M | -16.9M | 13.2M | -20.9M | 33.4M | -15.8M | 1.1M | -5.1M | -9.3M | 7.8M | 4.5M |
| Free Cash Flow | 52.5M | -25.5M | -25M | 121.6M | 79.5M | 14.3M | -127.1M | 20.3M | -10.6M | 262.5M | -34.9M | 3M | -3.2M | 140.5M | -18.2M | 9.9M |
| FCF Margin % | 7.59% | -3.76% | -3.93% | 18.41% | 11.34% | 2.01% | -19.51% | 2.91% | -1.57% | 39.63% | -5.27% | 0.39% | -0.45% | 19.38% | -2.62% | 1.97% |
| FCF Growth % | -33.96% | -278.32% | 80.33% | 499.01% | 850% | -94.55% | -264.18% | 576.67% | -231.25% | 86.83% | -91.76% | -69.7% | - | - | - | - |
| FCF per Share | 0.52 | -0.27 | -0.27 | 1.33 | 0.87 | 0.16 | -1.42 | 0.23 | -0.12 | 2.94 | -0.39 | 0.03 | -0.04 | 1.58 | -0.21 | 0.11 |
| FCF Conversion (FCF/Net Income) | 101.33x | 1.25x | 0.72x | -3.97x | -5.46x | -0.06x | 0.22x | -0.28x | 0.09x | -1.98x | 0.25x | -0.34x | -0.14x | 4.87x | -0.16x | 1.06x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.5M | 22.2M | 44.6M | 0 | 22.4M | 500K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.6M | 46.8M | 5.4M | 0 | 5.2M | 12.1M | 4.6M | 0 |