Fortrea Holdings (FTRE) Gross Margin (2022 - 2026)
Fortrea Holdings' Gross Margin came in at 20.17% for Q3 2026, up 2.68 percentage points from 17.50% a year earlier but down 0.35 percentage points from the prior quarter.
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Analysis
Fortrea Holdings (FTRE) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Fortrea Holdings reported Gross Margin of 20.00%, up 1.39 percentage points year-over-year; for FY2025, it came in at 18.50%, down 1.31 percentage points from FY2024.
- Gross Margin has declined in each of the last three years, with a four-year change of -1.27 percentage points (FY2021 to FY2025).
- Going back by year, Gross Margin was 19.81% in FY2024 (-0.97 pp), 20.78% in FY2023 (-4.76 pp), 25.53% in FY2022 (+5.77 pp) and 19.77% in FY2021.
- The five-year range for quarterly Gross Margin is 16.30% (Q1 2024) to 47.27% (Q4 2022).
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of +0.30 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2026 (a gain of 2.68 percentage points), and the weakest in Q4 2023 (a drop of 28.70 percentage points).
- Business Quant data shows FTRE's Gross Margin at 20.52% (Q2 2026), 19.42% (Q1 2026) and 19.85% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 45.39 Bn | 36.65 Bn | 1.50 Bn | 33.83% |
| 2 | Medpace Holdings | 18.59 Bn | 16.24 Bn | 223.89 Mn | 31.27% |
| 3 | Charles River Laboratories International | 16.59 Bn | 15.79 Bn | 357.87 Mn | 36.42% |
| 4 | Icon | 15.81 Bn | 12.58 Bn | 491.83 Mn | 24.29% |
| 5 | Fortrea Holdings | 2.06 Bn | 1.35 Bn | 139.50 Mn | 20.17% |
| 6 | Ginkgo Bioworks Holdings | 758.79 Mn | -3.29 Mn | 18.44 Mn | 91.47% |
| 7 | Evotec SE | 603.77 Mn | -1.27 Bn | - | - |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | 50.54% |
| 9 | MindWalk Holdings | 48.71 Mn | 12.36 Mn | 1.61 Mn | 58.58% |
| 10 | Natural Alternatives International | 6.87 Mn | -21.21 Mn | 1.73 Mn | 5.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.17% |
| Jun 30, 2026 | 20.52% |
| Mar 31, 2026 | 19.42% |
| Dec 31, 2025 | 19.85% |
| Sep 30, 2025 | 17.50% |
| Jun 30, 2025 | 18.79% |
| Mar 31, 2025 | 17.89% |
| Dec 31, 2024 | 20.22% |
| Sep 30, 2024 | 21.97% |
| Jun 30, 2024 | 20.70% |
| Mar 31, 2024 | 16.30% |
| Dec 31, 2023 | 18.57% |
| Sep 30, 2023 | 21.01% |
| Jun 30, 2023 | 21.57% |
| Mar 31, 2023 | 21.96% |
| Dec 31, 2022 | 47.27% |
| Sep 30, 2022 | 21.97% |
| Jun 30, 2022 | 22.54% |
API Access
Fortrea Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FTRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FTRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FTRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();