Fortrea Holdings (FTRE) Net Margin (2022 - 2026)
Fortrea Holdings (FTRE) recorded Net Margin of -1.95% in Q2 2026, up 50.83 percentage points from -52.78% a year earlier and up 1.76 percentage points from the prior quarter.
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Analysis
Fortrea Holdings (FTRE) Net Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Fortrea Holdings' Net Margin came in at -3.18% as of Jun 30, 2026, up 34.38 percentage points year-over-year; for FY2025, it was -36.21%, down 24.03 percentage points from FY2024.
- Annual Net Margin has declined for three straight years, with a four-year change of -39.42 percentage points (FY2021 to FY2025).
- Across earlier years, Net Margin came in at -12.18% in FY2024 (-11.30 pp), -0.89% in FY2023 (-7.45 pp), 6.56% in FY2022 (+3.36 pp) and 3.21% in FY2021.
- The Q2 2026 figure is the highest quarterly Net Margin since Q2 2023.
- On a year-over-year basis, Net Margin has increased for four consecutive quarters, with an average year-over-year change of +4.12 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 82.72 percentage points in Q1 2026, against a drop of 71.17 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -3.71% (Q1 2026), -4.92% (Q4 2025) and -2.27% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.55 Bn | 36.39 Bn | 1.44 Bn | 5.86% |
| 2 | Medpace Holdings | 17.19 Bn | 15.25 Bn | 201.64 Mn | 17.16% |
| 3 | Charles River Laboratories International | 14.06 Bn | 13.30 Bn | 363.37 Mn | -0.15% |
| 4 | Icon | 13.44 Bn | 10.55 Bn | 479.29 Mn | 3.52% |
| 5 | Fortrea Holdings | 1.91 Bn | 1.29 Bn | 139.20 Mn | -1.95% |
| 6 | Ginkgo Bioworks Holdings | 665.78 Mn | -96.30 Mn | 18.44 Mn | -231.74% |
| 7 | Evotec SE | 565.34 Mn | -1.01 Bn | - | - |
| 8 | Champions Oncology | 68.06 Mn | 43.71 Mn | 7.70 Mn | -2.80% |
| 9 | MindWalk Holdings | 62.59 Mn | 26.81 Mn | 1.61 Mn | -158.71% |
| 10 | Natural Alternatives International | 10.67 Mn | -22.35 Mn | 383,000.00 | -12.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.95% |
| Mar 31, 2026 | -3.71% |
| Dec 31, 2025 | -4.92% |
| Sep 30, 2025 | -2.27% |
| Jun 30, 2025 | -52.78% |
| Mar 31, 2025 | -86.43% |
| Dec 31, 2024 | -8.78% |
| Sep 30, 2024 | -4.13% |
| Jun 30, 2024 | -20.89% |
| Mar 31, 2024 | -15.25% |
| Dec 31, 2023 | -7.68% |
| Sep 30, 2023 | -1.96% |
| Jun 30, 2023 | 4.25% |
| Mar 31, 2023 | 1.80% |
| Dec 31, 2022 | 5.31% |
| Sep 30, 2022 | 7.95% |
| Jun 30, 2022 | 8.37% |
API Access
Fortrea Holdings Net 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=net-margin&ticker=FTRE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=FTRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();