Fortrea Holdings Inc. (FTRE) quarterly income statement — complete revenue, gross profit & net income history
Fortrea Holdings Inc. (FTRE) annual income statement — 5-year revenue, gross profit & net income history
| 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 |
|---|
| Sales/Revenue | 691.5M | 678.2M | 636.5M | 660.5M | 701.3M | 710.3M | 651.3M | 697M | 674.9M | 662.4M | 662.1M | 775.4M | 713.8M | 725.1M | 693.9M | 502.6M |
| Revenue Growth % | -1.4% | -4.52% | -2.27% | -5.24% | 3.91% | 7.23% | -1.63% | -10.11% | -5.45% | -8.65% | -4.58% | 54.28% | - | - | - | - |
| Cost of Goods Sold | 552M | 539M | 532.7M | 548.7M | 598.2M | 596.4M | 534.8M | 556.1M | 526.6M | 525.3M | 554.2M | 655.7M | 563.8M | 568.7M | 541.5M | 218.4M |
| COGS % of Revenue | 79.83% | 79.48% | 83.69% | 83.07% | 85.3% | 83.96% | 82.11% | 79.78% | 78.03% | 79.3% | 83.7% | 84.56% | 78.99% | 78.43% | 78.04% | 43.45% |
| Gross Profit | 139.5M | 139.2M | 103.8M | 111.8M | 103.1M | 113.9M | 116.5M | 140.9M | 148.3M | 137.1M | 107.9M | 119.7M | 150M | 156.4M | 152.4M | 284.2M |
| Gross Margin % | 20.17% | 20.52% | 16.31% | 16.93% | 14.7% | 16.04% | 17.89% | 20.22% | 21.97% | 20.7% | 16.3% | 15.44% | 21.01% | 21.57% | 21.96% | 56.55% |
| Gross Profit Growth % | 35.31% | 22.21% | -10.9% | -20.65% | -30.48% | -16.92% | 7.97% | 17.71% | -1.13% | -12.34% | -29.2% | -57.88% | - | - | - | - |
| Operating Expenses | 124.5M | 124.4M | 100.5M | 103M | 119M | 124.8M | 636.6M | 196.5M | 166.3M | 188M | 145.3M | 130.4M | 139.7M | 124.8M | 138.3M | 292.5M |
| OpEx % of Revenue | 18% | 18.34% | 15.79% | 15.59% | 16.97% | 17.57% | 97.74% | 28.19% | 24.64% | 28.38% | 21.95% | 16.82% | 19.57% | 17.21% | 19.93% | 58.2% |
| Selling, General & Admin | 103.8M | 102.1M | 100.5M | 103M | 106.8M | 124.8M | 121.8M | 148.1M | 136.3M | 156.2M | 120.1M | 98.9M | 106.8M | 97.8M | 116.8M | 199.2M |
| SG&A % of Revenue | 15.01% | 15.05% | 15.79% | 15.59% | 15.23% | 17.57% | 18.7% | 21.25% | 20.2% | 23.58% | 18.14% | 12.75% | 14.96% | 13.49% | 16.83% | 39.63% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 0 | 0 | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 15M | 14.8M | 3.3M | 8.8M | -15.9M | -10.9M | -520.1M | -55.6M | -18M | -50.9M | -37.4M | -10.7M | 10.3M | 31.6M | 14.1M | -8.3M |
| Operating Margin % | 2.17% | 2.18% | 0.52% | 1.33% | -2.27% | -1.53% | -79.86% | -7.98% | -2.67% | -7.68% | -5.65% | -1.38% | 1.44% | 4.36% | 2.03% | -1.65% |
| Operating Income Growth % | 194.34% | 235.78% | 100.63% | 115.83% | 11.67% | 78.59% | -1290.64% | -419.63% | -274.76% | -261.08% | -365.25% | -28.92% | - | - | - | - |
| EBITDA | 35M | 34.4M | 23.1M | 28.1M | 3.7M | 8.7M | -500.6M | -34.8M | 3.2M | -29.5M | -13.9M | 13.2M | 35.3M | 57.1M | 37.2M | 4.7M |
| EBITDA Margin % | 5.06% | 5.07% | 3.63% | 4.25% | 0.53% | 1.22% | -76.86% | -4.99% | 0.47% | -4.45% | -2.1% | 1.7% | 4.95% | 7.87% | 5.36% | 0.94% |
| EBITDA Growth % | 845.95% | 295.4% | 104.61% | 180.75% | 15.63% | 129.49% | -3501.44% | -363.64% | -90.93% | -151.66% | -137.37% | 180.85% | - | - | - | - |
| D&A (Non-Cash Add-back) | 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 | 13M |
| EBIT | 16.6M | 14.8M | 6.6M | -12.4M | -6.1M | -347.5M | -525.7M | -53M | -13.4M | -43.4M | -41.4M | -6.5M | 12.7M | 37.3M | 14.7M | -8.1M |
| Net Interest Income | -20.2M | -19.3M | -18.9M | -23.2M | -22.6M | -23.2M | -22.3M | -21.9M | -22.4M | -45.2M | -34.3M | -34.5M | -34.6M | -700K | 100K | -200K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100K | 0 |
| Interest Expense | 20.2M | 19.3M | 18.9M | 23.2M | 22.6M | 23.2M | 22.3M | 21.9M | 22.4M | 45.2M | 34.3M | 34.5M | 34.6M | 700K | 0 | 200K |
| Other Income/Expense | -18.6M | -16M | -15.6M | -44.4M | -12.8M | -359.8M | -27.9M | -19.3M | -17.8M | -37.7M | -38.3M | -30.3M | -32.2M | 5M | -4.6M | 0 |
| Pretax Income | -3.6M | -1.2M | -12.3M | -35.6M | -28.7M | -370.7M | -548M | -74.9M | -35.8M | -88.6M | -75.7M | -41M | -21.9M | 36.6M | 9.5M | -8.3M |
| Pretax Margin % | -0.52% | -0.18% | -1.93% | -5.39% | -4.09% | -52.19% | -84.14% | -10.75% | -5.3% | -13.38% | -11.43% | -5.29% | -3.07% | 5.05% | 1.37% | -1.65% |
| Income Tax | -4.2M | 12M | 11.3M | -3.1M | -12.8M | 4.2M | 14.9M | -1M | -17.3M | 10.7M | 4.1M | -5M | -5.8M | 11.6M | 1.5M | 5.3M |
| Effective Tax Rate % | 116.67% | -1000% | -91.87% | 8.71% | 44.6% | -1.13% | -2.72% | 1.34% | 48.32% | -12.08% | -5.42% | 12.2% | 26.48% | 31.69% | 15.79% | -63.86% |
| Net Income | 600K | -13.2M | -23.6M | -32.5M | -15.9M | -374.9M | -562.9M | -61.2M | -27.9M | -138.4M | -101M | -36M | -14M | 30.8M | 12.5M | 26.7M |
| Net Margin % | 0.09% | -1.95% | -3.71% | -4.92% | -2.27% | -52.78% | -86.43% | -8.78% | -4.13% | -20.89% | -15.25% | -4.64% | -1.96% | 4.25% | 1.8% | 5.31% |
| Net Income Growth % | 103.77% | 96.48% | 95.81% | 46.9% | 43.01% | -170.88% | -457.33% | -70% | -99.29% | -549.35% | -908% | -234.83% | - | - | - | - |
| Net Income (Continuing) | 600K | -13.2M | -23.6M | -32.5M | -15.9M | -374.9M | -562.9M | -73.9M | -18.5M | -99.3M | -79.8M | -36M | -16.1M | 25M | 8M | -13.6M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | -1000K | -1000K | 0 | 1000K | 1000K | 1000K | 1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.01 | -0.14 | -0.26 | -0.36 | -0.17 | -4.14 | -6.30 | -0.68 | -0.31 | -1.55 | -1.15 | -0.41 | -0.15 | 0.32 | -0.13 | 0.30 |
| EPS Growth % | 103.47% | 96.62% | 95.87% | 47.06% | 45.16% | -167.1% | -447.48% | -65.85% | -106.67% | -584.38% | -784.62% | -236.67% | - | - | - | - |
| EPS (Basic) | 0.01 | -0.14 | -0.26 | -0.36 | -0.17 | -4.14 | -6.30 | -0.68 | -0.31 | -1.55 | -1.15 | -0.41 | -0.15 | 0.32 | -0.13 | 0.30 |
| Diluted Shares Outstanding | 101.2M | 94.29M | 91.2M | 91.2M | 91.2M | 90.6M | 89.4M | 90M | 90M | 89.4M | 89.2M | 87.8M | 87.33M | 88.8M | 88.4M | 88.4M |
| Basic Shares Outstanding | 95.6M | 94.29M | 91.2M | 91.2M | 91.2M | 90.6M | 89.4M | 90M | 90M | 89.4M | 89.2M | 87.8M | 87.33M | 88.8M | 88.4M | 88.4M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |