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

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Fortrea Holdings was $2.69 billion, down 26.5% year-over-year; for FY2025, it came in at $3.6 billion, up 25.8% from FY2024.

• Annual Operating Expenses has increased for three consecutive years, with a four-year compound annual growth rate of 5.1% (FY2021 to FY2025).
• In prior years, Fortrea Holdings' Operating Expenses was $2.86 billion in FY2024 (+1.7%), $2.81 billion in FY2023 (+6.1%), $2.65 billion in FY2022 (-10.0%) and $2.94 billion in FY2021.
• Quarterly Operating Expenses has run from a low of $488.3 million in Q4 2022 to a high of $1.17 billion in Q1 2025 over five years.
• On a year-over-year basis, Operating Expenses has declined in each of the last three quarters, with growth averaging 3.1% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2025, with growth of 67.5%; the weakest was Q1 2026, with a decline of 45.4%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $639.9 million (Q1 2026), $674.1 million (Q4 2025) and $709.9 million (Q3 2025).