Financials in USD. Standardized financial statements.
A compact view of how Fortrea Holdings Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue? | $2.72B | $2.70B | $2.84B | $2.84B | $3.06B | $2.58B |
| Revenue Growth? | +1.0% | -5.1% | +0.2% | -7.2% | +18.5% | 0.0% |
| Cost of Revenue? | $2.30B | $2.16B | $2.25B | $2.11B | $2.45B | $2.09B |
| Gross Profit? | $425.80M | $534.20M | $590.60M | $724.40M | $604.40M | $489.10M |
| Gross Margin? | +15.6% | +19.8% | +20.8% | +25.5% | +19.8% | +19.0% |
| Operating Expenses? | $456.40M | $696.10M | $558.60M | $537.30M | $490.10M | $803.30M |
| Operating Income? | -$30.60M | -$161.90M | $32.00M | $187.10M | $114.30M | -$314.20M |
| EBITDA? | -$813.60M | -$64.30M | $137.20M | $280.80M | $302.90M | $221.50M |
| Income Before Tax | -$983.00M | -$275.00M | -$30.50M | $187.00M | $136.40M | -$332.20M |
| Income Tax Expense | $3.20M | -$3.50M | $1.20M | $41.10M | $38.40M | $27.00M |
| Net Income? | -$986.20M | -$328.50M | -$25.20M | $186.20M | $98.00M | -$359.20M |
| EPS? | $-10.81 | $-3.67 | $-0.04 | $2.11 | $1.11 | $-4.06 |
| Diluted EPS? | $-10.81 | $-3.67 | $-0.04 | $2.11 | $1.11 | $-4.06 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality