Fortrea Holdings Inc. Financial Summary

Complete Filing Data

Fortrea Holdings Inc. reported Stockholders Equity of $563.50 million for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Fortrea Holdings Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Net Income Loss-$986.2M-$328.5M-$25.2M$186.2M$98.0M
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent$112.9M-$67.4M$59.3M-$126.7M-$28.0M
Selling General And Administrative Expense$456.4M$560.7M$448.1M$416.1M$303.1M
Revenue From Contract With Customer Excluding Assessed Tax$2.72B$2.70B$2.84B$2.84B$3.06B
Other Nonoperating Income Expense$7.9M$21.3M$6.9M$2.1M$2.1M
Operating Income Loss-$872.6M-$161.9M$32.0M$187.1M$114.3M
Income Tax Expense Benefit$3.2M-$3.5M$1.2M$41.1M$38.4M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$983.0M-$275.0M-$30.5M$187.0M$136.4M
Comprehensive Income Net Of Tax-$873.3M-$395.9M$34.1M$59.5M$70.0M
Other Comprehensive Income Loss Tax Portion Attributable To Parent1$300.0K$600.0K-$700.0K$0.00$1.4M
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent$113.2M-$66.8M$58.6M-$126.7M-$26.6M
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent$112.2M-$69.3M$59.3M-$126.1M-$32.3M
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent-$700.0K$1.4M-$1.9M$0.00$0.00
Restructuring Costs$44.1M$50.1M$21.2M$25.9M
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share$0.00-$0.64$0.07$0.45
Income Loss From Discontinued Operations Net Of Tax Per Basic Share$0.00-$0.64$0.07$0.45
Income Loss From Continuing Operations Per Diluted Share-$10.81-$3.03-$0.36$1.64
Income Loss From Continuing Operations Per Basic Share-$10.81-$3.03-$0.36$1.64
Income Loss From Continuing Operations-$986.2M-$271.5M-$31.7M$145.9M
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax-$1.7M-$1.1M-$1.2M$600.0K-$5.7M
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity$0.00-$57.0M$6.5M$40.3M
Interest Income Expense Nonoperating Net-$91.4M-$123.8M-$69.7M-$200.0K
Deferred Income Tax Expense Benefit-$30.2M
Deferred Income Taxes And Other Tax Liabilities Noncurrent$97.6M$121.7M$147.7M$184.5M
Deferred Income Tax Assets Net$6.2M$5.2M$3.2M$1.2M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022
Net Income Loss-$15.9M-$374.9M-$562.9M-$27.9M-$138.4M-$101.0M-$14.0M$30.8M$12.5M$60.6M$66.4M$32.5M
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent-$14.8M$82.6M$44.7M$70.9M-$7.4M-$26.1M-$54.4M$32.0M$19.1M-$96.6M-$85.6M-$34.6M
Selling General And Administrative Expense$106.8M$124.8M$121.8M$136.3M$156.2M$120.1M$106.8M$97.8M$116.8M$70.7M$71.2M
Revenue From Contract With Customer Excluding Assessed Tax$701.3M$710.3M$651.3M$674.9M$662.4M$662.1M$713.8M$725.1M$693.9M$762.3M$793.1M
Other Nonoperating Income Expense$5.1M$2.8M$0.00$4.8M$9.0M$1.3M$3.6M$500.0K$500.0K$500.0K$400.0K
Operating Income Loss-$8.6M-$330.3M-$520.1M-$18.0M-$50.9M-$37.4M$10.3M$31.6M$14.1M$68.9M$71.2M
Income Tax Expense Benefit-$12.8M$4.2M$14.9M-$17.3M$10.7M$4.1M-$5.8M$11.6M$1.5M$13.6M$17.2M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$28.7M-$370.7M-$548.0M-$35.8M-$88.6M-$75.7M-$21.9M$36.6M$9.5M$74.2M$83.6M
Comprehensive Income Net Of Tax-$30.7M-$292.3M-$518.2M$43.0M-$145.8M-$127.1M-$68.4M$62.8M$31.6M-$36.0M-$19.2M
Other Comprehensive Income Loss Tax Portion Attributable To Parent1$0.00$0.00-$200.0K-$800.0K$100.0K$500.0K$400.0K$0.00$0.00$0.00
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent-$14.8M$82.6M$44.5M$70.1M-$7.3M-$25.6M-$54.0M$32.0M$19.1M-$96.6M
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent-$14.9M$82.8M$45.2M$73.4M-$7.7M-$27.7M-$55.6M$29.9M$19.1M-$96.6M
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent$100.0K-$200.0K-$700.0K-$3.3M$400.0K$2.1M$1.6M$0.00$0.00$0.00
Restructuring Costs$4.9M$10.3M$6.5M$8.8M$10.4M$3.3M$10.1M$3.6M$600.0K
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share$0.00$0.00$0.00-$0.10-$0.44-$0.24$0.02$0.07$0.05
Income Loss From Discontinued Operations Net Of Tax Per Basic Share$0.00$0.00$0.00-$0.10-$0.44-$0.24$0.02$0.07$0.05
Income Loss From Continuing Operations Per Diluted Share-$0.17-$4.14-$6.25-$0.21-$1.11-$0.89-$0.18$0.28$0.09
Income Loss From Continuing Operations Per Basic Share-$0.17-$4.14-$6.25-$0.21-$1.11-$0.89-$0.18$0.28$0.09
Income Loss From Continuing Operations-$15.9M-$374.9M-$562.9M-$18.5M-$99.3M-$79.8M-$16.1M$25.0M$8.0M
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax$0.00$0.00$0.00$0.00-$2.1M$0.00$0.00
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity$0.00$0.00$0.00-$9.4M-$39.1M-$21.2M$2.1M$5.8M$4.5M
Interest Income Expense Nonoperating Net-$22.6M-$23.3M-$22.3M-$22.4M-$45.2M-$34.3M-$34.6M-$700.0K
Deferred Income Tax Expense Benefit-$6.6M$4.2M-$3.6M
Deferred Income Taxes And Other Tax Liabilities Noncurrent$106.9M$112.8M$117.9M$126.9M$136.1M$150.7M$171.7M$184.2M
Deferred Income Tax Assets Net$8.3M$5.6M$5.4M$3.2M$3.2M$3.2M$1.6M$2.0M

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Stockholders Equity$563.5M$1.36B$1.71B$3.34B$3.26B$3.29B
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$174.6M$118.5M$108.6M$110.4M$94.6M$80.3M
Goodwill$960.0M$1.71B$1.74B$1.71B$2.08B
Operating Lease Right Of Use Asset Amortization Expense$11.5M$14.0M$27.4M$24.9M$32.5M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$56.1M$9.9M-$1.8M$15.8M$14.3M
Repayments Of Long Term Debt$75.7M$482.7M$15.4M$0.00$0.00
Prepaid Expense And Other Assets Current$132.9M$170.2M$84.6M$112.7M
Other Liabilities Noncurrent$39.3M$35.3M$32.1M$21.7M
Other Assets Noncurrent$80.8M$103.4M$69.7M$54.3M
Operating Lease Liability Noncurrent$54.0M$60.6M$62.8M$40.1M
Operating Lease Liability Current$9.2M$13.4M$17.2M$23.3M
Long Term Debt Noncurrent$1.05B$1.05B$1.57B$0.00
Long Term Debt Current$4.8M$74.8M$26.1M$0.00
Liabilities Current$913.3M$949.5M$778.4M$699.0M
Liabilities And Stockholders Equity$2.72B$3.58B$4.33B$4.29B
Liabilities$2.15B$2.22B$2.62B$945.3M
Intangible Assets Net Excluding Goodwill$622.0M$655.7M$728.1M$823.3M
Contract With Customer Liability Current$473.8M$353.3M$214.2M$271.5M
Common Stock Value$100.0K$100.0K$100.0K$0.00
Cash And Cash Equivalents At Carrying Value$174.6M$118.5M$108.6M$112.0M
Assets Current$897.2M$948.2M$1.25B$1.25B
Assets$2.72B$3.58B$4.33B$4.29B
Accumulated Other Comprehensive Income Loss Net Of Tax-$170.0M-$282.9M-$215.5M-$276.0M
Accrued Liabilities Current$395.8M$369.8M$335.5M$322.7M
Accounts Receivable And Contract With Customer Asset After Allowance For Credit Loss Current$589.7M$659.5M$988.5M$1.02B
Accounts Payable Current$29.7M$138.2M$132.9M$81.5M
Write Off Of Deferred Debt Issuance Cost$1.0M$12.2M$0.00$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022
Stockholders Equity$580.8M$589.2M$858.8M$1.51B$1.46B$1.59B$1.69B$1.75B$3.40B$3.22B$3.30B$3.35B
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$131.3M$81.2M$101.6M$105.3M$126.2M$92.8M$103.8M$108.9M$118.2M$107.5M$95.5M
Goodwill$958.1M$965.2M$1.24B$1.77B$1.73B$1.73B$1.99B$1.74B$1.72B$1.94B$2.00B
Operating Lease Right Of Use Asset Amortization Expense$3.0M$6.2M$7.8M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$16.9M-$15.8M$7.8M
Repayments Of Long Term Debt$0.00$7.7M$0.00
Prepaid Expense And Other Assets Current$124.0M$139.6M$139.7M$142.5M$123.6M$91.3M$103.2M$102.5M
Other Liabilities Noncurrent$36.4M$37.0M$36.3M$37.6M$29.6M$28.9M$35.7M$37.0M
Other Assets Noncurrent$74.2M$101.3M$101.4M$92.3M$83.8M$89.0M$69.7M$83.7M
Operating Lease Liability Noncurrent$51.5M$52.9M$59.1M$65.4M$65.8M$59.5M$68.0M$52.9M
Operating Lease Liability Current$9.2M$12.4M$13.5M$14.0M$13.5M$15.2M$19.6M$20.2M
Long Term Debt Noncurrent$1.05B$1.10B$1.05B$1.12B$1.12B$1.56B$1.57B$1.58B
Long Term Debt Current$74.5M$74.8M$163.8M$0.00$0.00$55.0M$26.1M$26.1M
Liabilities Current$914.4M$942.3M$999.1M$795.8M$749.0M$818.3M$774.6M$752.1M
Liabilities And Stockholders Equity$2.74B$2.84B$3.12B$3.66B$3.57B$4.24B$4.32B$4.36B
Liabilities$2.16B$2.25B$2.26B$2.15B$2.10B$2.65B$2.62B$2.61B
Intangible Assets Net Excluding Goodwill$635.4M$654.3M$651.3M$691.2M$691.9M$707.9M$773.7M$801.5M
Contract With Customer Liability Current$411.6M$381.7M$364.4M$321.1M$248.0M$236.9M$264.8M$264.3M
Common Stock Value$100.0K$100.0K$100.0K$100.0K$100.0K$100.0K$100.0K$100.0K
Cash And Cash Equivalents At Carrying Value$131.3M$81.2M$101.6M$105.3M$126.2M$92.8M$107.5M$114.3M
Assets Current$918.5M$960.0M$970.3M$936.9M$887.7M$1.20B$1.26B$1.23B
Assets$2.74B$2.84B$3.12B$3.66B$3.57B$4.24B$4.32B$4.36B
Accumulated Other Comprehensive Income Loss Net Of Tax-$170.4M-$155.6M-$238.2M-$178.1M-$249.0M-$241.6M-$280.3M-$225.5M
Accrued Liabilities Current$369.6M$380.8M$347.2M$323.1M$343.3M$328.7M$335.8M$336.2M
Accounts Receivable And Contract With Customer Asset After Allowance For Credit Loss Current$663.2M$739.2M$729.0M$689.1M$637.9M$941.0M$1.05B$1.01B
Accounts Payable Current$49.5M$92.6M$110.2M$137.6M$144.2M$131.3M$128.3M$105.3M
Write Off Of Deferred Debt Issuance Cost$12.2M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization$2.22B$2.16B$2.25B$2.11B$2.45B
Depreciation Depletion And Amortization$78.0M$86.9M$98.0M$93.6M$166.3M
Share Based Compensation$74.4M$58.4M$42.7M$25.4M$27.5M
Proceeds From Sale Of Productive Assets$0.00$500.0K$8.5M$400.0K$300.0K
Payments To Acquire Productive Assets$25.2M$25.5M$40.3M$54.4M$26.5M
Net Cash Provided By Used In Operating Activities$113.5M$262.8M$168.4M$82.7M$169.8M
Net Cash Provided By Used In Investing Activities$14.4M$251.6M-$31.8M-$54.0M-$26.2M
Net Cash Provided By Used In Financing Activities-$76.3M-$497.8M-$140.8M-$6.3M-$128.5M
Increase Decrease In Prepaid Deferred Expense And Other Assets-$32.4M$78.1M$3.4M$9.1M$25.7M
Increase Decrease In Contract With Customer Liability$114.8M$140.0M-$2.2M-$30.1M$39.6M
Increase Decrease In Accrued Liabilities$6.5M$5.0M$26.2M-$125.4M$52.7M
Increase Decrease In Accounts Payable-$109.9M$7.2M$55.3M$24.8M-$6.2M
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$4.5M-$6.7M$2.4M-$6.6M-$800.0K
Proceeds From Long Term Lines Of Credit$453.9M$826.5M$164.0M$0.00$0.00
Proceeds From Payments To Former Parent Company$0.00$0.00-$135.4M-$6.3M-$128.5M
Payments Of Debt Issuance Costs$600.0K$700.0K$26.4M$0.00$0.00
Increase Decrease In Accounts Receivable And Contract With Customer Asset-$70.9M-$309.9M$53.4M$108.4M$187.6M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization$578.6M$576.8M$534.8M$526.6M$525.3M$554.2M$563.8M$568.7M$541.5M$594.8M$614.3M
Depreciation Depletion And Amortization$19.5M$23.5M$24.6M$25.1M$23.1M$22.7M$23.4M
Share Based Compensation$14.6M$15.1M$6.7M
Proceeds From Sale Of Productive Assets$0.00$100.0K$0.00
Payments To Acquire Productive Assets$2.9M$9.3M$16.2M
Net Cash Provided By Used In Operating Activities-$124.2M-$25.6M-$2.0M
Net Cash Provided By Used In Investing Activities$16.1M-$9.2M-$16.2M
Net Cash Provided By Used In Financing Activities$88.4M$21.3M$24.5M
Increase Decrease In Prepaid Deferred Expense And Other Assets-$17.6M$25.5M$19.1M
Increase Decrease In Contract With Customer Liability$10.4M$26.4M-$12.9M
Increase Decrease In Accrued Liabilities-$17.7M-$26.0M-$65.1M
Increase Decrease In Accounts Payable-$28.4M-$900.0K$20.4M
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$2.8M-$2.3M$1.5M
Proceeds From Long Term Lines Of Credit$166.5M$271.0M$0.00
Proceeds From Payments To Former Parent Company$0.00$24.5M
Payments Of Debt Issuance Costs$600.0K$0.00
Increase Decrease In Accounts Receivable And Contract With Customer Asset-$40.5M-$27.3M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Earnings Per Share Diluted$-10.81$-3.67$-0.29$2.09$1.10
Earnings Per Share Basic$-10.81$-3.67$-0.29$2.09$1.10
Common Stock Shares Outstanding93.1M89.7M88.8M0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022
Earnings Per Share Diluted$-0.17$-4.14$-6.25$-0.31$-1.55$-1.13$-0.16$0.35$0.14$0.68$0.75
Earnings Per Share Basic$-0.17$-4.14$-6.25$-0.31$-1.55$-1.13$-0.16$0.35$0.14$0.68$0.75
Common Stock Shares Outstanding92.2M90.8M90.5M89.7M89.5M89.4M88.8M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Foreign Currency Transaction Gain Loss Before Tax-$26.9M-$10.6M$300.0K-$2.0M$20.2M
Costs And Expenses$3.60B$2.86B$2.81B$2.65B$2.94B
Depreciation And Amortization$78.0M$85.3M$89.3M$85.5M
Other Noncash Income Expense-$4.5M-$9.3M$1.0M-$4.1M-$2.9M
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$74.4M$58.4M$26.6M
Repayments Of Long Term Lines Of Credit$453.9M$826.5M$164.0M$0.00$0.00
Net Transfers From To Parent Excluding Special Payment-$91.7M$19.1M-$101.0M
Additional Paid In Capital$2.12B$2.04B$2.00B$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022
Foreign Currency Transaction Gain Loss Before Tax-$2.6M-$19.9M-$5.6M-$200.0K-$1.5M-$5.3M-$1.2M$5.2M-$5.2M$4.8M$12.0M
Costs And Expenses$709.9M$1.04B$1.17B$692.9M$713.3M$699.5M$703.5M$693.5M$679.8M$693.4M$721.9M
Depreciation And Amortization$19.6M$19.6M$19.5M$21.2M$21.4M$21.9M$22.8M$23.4M$20.9M
Other Noncash Income Expense-$300.0K$12.1M-$900.0K
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$22.3M$22.7M$14.6M$13.0M$15.0M$15.1M$11.1M
Repayments Of Long Term Lines Of Credit$77.5M$242.0M$0.00
Net Transfers From To Parent Excluding Special Payment-$122.9M$31.2M-$40.1M-$29.3M$88.6M
Additional Paid In Capital$2.10B$2.08B$2.06B$2.03B$2.02B$2.00B$1.99B$1.98B

Most recent annual filing with the SEC: February 26, 2026

Data sourced from SEC EDGAR public filings as of August 5, 2026.