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FTRE

Fortrea Holdings·NASDAQ
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FTRE fundamentals

Fortrea Holdings (FTRE) released its earnings on Feb 26, 2026: revenue was 660.50M (YoY -5.24%), missed estimates; EPS was 0.09 (YoY -50.00%), missed estimates.
Revenue / YoY
660.50M
-5.24%
EPS / YoY
0.09
-50.00%
Report date
Feb 26, 2026
FTRE Earnings Call Summary for Q4,2025
  • Revenue Resilience: Full year 2025 revenue growth of 1% to $2.72 billion, despite H2 headwinds from pass-through cost mix and FSP declines.
  • Cost Efficiency: Exceeded savings targets with $153M gross and $93M net savings, enabling positive free cash flow of $121.6M in Q4.
  • AI Differentiation: Investing $153M in AI tools like Xcellerate platform to automate tasks, with early wins in trial acceleration (e.g., 3-month faster recruitment).
  • Market Momentum: Cautiously optimistic on 2026 recovery, citing improving biotech funding and 1.02x trailing book-to-bill.
  • 2026 Guidance: Target $2.55-2.65B revenue (-3% to +1% YoY) and $190-220M EBITDA (+1% to +16% YoY), with focus on reducing FSP dependency.

Earnings

EPS
Revenue

Revenue & Expenses

FTRE has released its 2025 Q4 earnings report, with revenue of 660.50M, reflecting a YoY change of -5.24%, and net profit of -32.50M, showing a YoY change of 46.90%. The Sankey diagram below clearly presents FTRE's revenue sources and cost distribution.

Key Indicators

Fortrea Holdings (FTRE) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

Fortrea Holdings (FTRE)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Balance Sheet

Fortrea Holdings (FTRE)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Cash Flow

Fortrea Holdings (FTRE)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Revenue Breakdown

Where does Fortrea Holdings (FTRE) generate its revenue? Explore its key revenue streams and top earning regions.
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Dividend

Track Fortrea Holdings (FTRE) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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Dividend Yield