Fortrea Holdings (FTRE) Free Cash Flow (2022 - 2026)

Fortrea Holdings (FTRE) reported Free Cash Flow of -$25.0 million for Q1 2026, up 80.33% on a YoY basis from -$13.9 million in Q1 2025, and down 120.56% quarter-over-quarter from $121.6 million in Q4 2025.

Fortrea Holdings (FTRE) Free Cash Flow (2022 - 2026) Analysis & Trends

Fortrea Holdings has reported Free Cash Flow for 5 years, with the latest figure at -$25.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 80.33% year-over-year to -$25.0 million; the trailing twelve-month figure through Mar 2026 stood at $190.4 million (up 31.22% YoY), and the FY2025 full-year result was $88.3 million, down 62.79% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$25.0 million, down from $121.6 million in the prior quarter.
  • The five-year high for Free Cash Flow was $262.5 million in Q2 2024, with the low at -$127.1 million in Q1 2025.
  • Historically, Free Cash Flow has averaged $33.2 million across 5 years, with a median of $9.0 million in 2023.
  • The largest YoY upside for Free Cash Flow was 850.0% in 2025 against a maximum downside of 264.18% in 2025.
  • Fortrea Holdings' Free Cash Flow stood at $5.1 million in 2022, then soared by 76.47% to $9.0 million in 2023, then jumped by 125.56% to $20.3 million in 2024, then jumped by 499.01% to $121.6 million in 2025, then sank by 120.56% to -$25.0 million in 2026.
  • The last three Free Cash Flow figures came in at -$25.0 million (Q1 2026), $121.6 million (Q4 2025), and $79.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -1.67 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -12.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.49 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.29 Bn
9 Abivax 91.96 Bn 91.96 Bn - 63,220.27
10 Fortrea Holdings 1.43 Bn 1.28 Bn 123.60 Mn -25.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -25.00 Mn
Mar 31, 2026 -25.00 Mn
Dec 31, 2025 121.60 Mn
Dec 31, 2025 121.60 Mn
Sep 30, 2025 79.50 Mn
Sep 30, 2025 79.50 Mn
Jun 30, 2025 14.30 Mn
Jun 30, 2025 14.30 Mn
Mar 31, 2025 -127.10 Mn
Mar 31, 2025 -127.10 Mn
Dec 31, 2024 20.30 Mn
Dec 31, 2024 20.30 Mn
Sep 30, 2024 -10.60 Mn
Sep 30, 2024 -10.60 Mn
Jun 30, 2024 262.50 Mn
Jun 30, 2024 262.50 Mn
Mar 31, 2024 -34.90 Mn
Mar 31, 2024 -34.90 Mn
Dec 31, 2023 9.00 Mn
Dec 31, 2023 9.00 Mn