Fortrea Holdings (FTRE) Gross Margin (2022 - 2026)

Fortrea Holdings (FTRE) reported Gross Margin of 19.42% for Q1 2026, up 153.0% on a YoY basis from 7.68% in Q1 2025, and down 2.17% quarter-over-quarter from 19.85% in Q4 2025.

Fortrea Holdings (FTRE) Gross Margin (2022 - 2026) Analysis & Trends

Fortrea Holdings has reported Gross Margin for 5 years, with the latest figure at 19.42% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 153.0% year-over-year to 19.42%; the trailing twelve-month figure through Mar 2026 stood at 18.86% (down 135.0% YoY), and the FY2025 full-year result was 18.5%, down 131.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 19.42%, down from 19.85% in the prior quarter.
  • The five-year high for Gross Margin was 47.27% in Q4 2022, with the low at 16.3% in Q1 2024.
  • Historically, Gross Margin has averaged 21.72% across 5 years, with a median of 20.46% in 2024.
  • Annual changes were most pronounced in 2023 — Gross Margin tumbled 2870 bps — and 2024, when it soared 164 bps.
  • Fortrea Holdings' Gross Margin stood at 47.27% in 2022, then slumped by 61 bps to 18.57% in 2023, then gained by 9 bps to 20.22% in 2024, then retreated by 2 bps to 19.85% in 2025, then dropped by 2 bps to 19.42% in 2026.
  • The last three Gross Margin figures came in at 19.42% (Q1 2026), 19.85% (Q4 2025), and 17.5% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (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 - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 79.04%
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 86.85%
9 Abivax 91.96 Bn 91.96 Bn - -
10 Fortrea Holdings 1.43 Bn 1.28 Bn 123.60 Mn 19.42%

Historic Data

Download Data
DateValue
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%