Fortrea Holdings FTRE
NASDAQ FTRE
$16.79 -0.27 (-1.58%)
As of: Sep 9, 2026 · 3:59 PM EDT

Fortrea Holdings (FTRE) Operating Expenses (2022 - 2026)

Fortrea Holdings' (FTRE) quarterly Operating Expenses came in at $663.4 million in Q2 2026, down 36.25% on a YoY basis from $1.0 billion in Q2 2025, and up 3.67% quarter-over-quarter from $639.9 million in Q1 2026.

Analysis

Fortrea Holdings (FTRE) Operating Expenses (2022 - 2026) Analysis & Trends

Fortrea Holdings (FTRE) has reported Operating Expenses for 5 consecutive years, with $663.4 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 36.25% year-over-year to $663.4 million; the trailing twelve-month figure through Jun 2026 stood at $2.7 billion (down 26.53% YoY), and the FY2025 full-year result was $3.6 billion, up 25.81% from the prior year.
  • Operating Expenses improved to $663.4 million in Q2 2026 per FTRE's latest filing, from $639.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.2 billion in Q1 2025 and bottomed at $488.3 million in Q4 2022.
  • Historically, Operating Expenses has averaged $733.6 million across 5 years, with a median of $699.5 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 67.46% in 2025, then tumbled 45.37% in 2026.
  • Over 5 years, Operating Expenses stood at $488.3 million in 2022, then surged by 50.26% to $733.7 million in 2023, then rose by 2.58% to $752.6 million in 2024, then decreased by 10.43% to $674.1 million in 2025, then declined by 1.59% to $663.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $663.4 million, $639.9 million, and $674.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Iqvia Holdings 44.06 Bn 42.11 Bn 1.44 Bn 637.00 Mn
2 Medpace Holdings 16.50 Bn 16.00 Bn 201.64 Mn 560.51 Mn
3 Charles River Laboratories International 13.77 Bn 13.62 Bn 452.07 Mn 228.90 Mn
4 Icon 12.62 Bn 11.69 Bn 479.29 Mn 1.93 Bn
5 Fortrea Holdings 1.68 Bn 1.51 Bn 139.20 Mn 663.40 Mn
6 Evotec SE 661.34 Mn 235.46 Mn - -
7 Ginkgo Bioworks Holdings 442.79 Mn 358.26 Mn 18.44 Mn 78.70 Mn
8 Champions Oncology 72.49 Mn 72.62 Mn 7.03 Mn 14.36 Mn
9 MindWalk Holdings 61.66 Mn 53.38 Mn 1.82 Mn 4.98 Mn
10 VivoSim Labs 1.47 Mn 1.47 Mn - 2.78 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 663.40 Mn
Mar 31, 2026 639.90 Mn
Dec 31, 2025 674.10 Mn
Sep 30, 2025 709.90 Mn
Jun 30, 2025 1.04 Bn
Mar 31, 2025 1.17 Bn
Dec 31, 2024 752.60 Mn
Sep 30, 2024 692.90 Mn
Jun 30, 2024 713.30 Mn
Mar 31, 2024 699.50 Mn
Dec 31, 2023 733.70 Mn
Sep 30, 2023 703.50 Mn
Jun 30, 2023 693.50 Mn
Mar 31, 2023 679.80 Mn
Dec 31, 2022 488.30 Mn
Sep 30, 2022 693.40 Mn
Jun 30, 2022 721.90 Mn