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

Fortrea Holdings (FTRE) posted Operating Income of -$3.4 million for Q1 2026, up 75.0% on a QoQ basis from -$13.6 million in Q4 2025, and up 99.35% year-over-year from -$1.7 million in Q1 2025.

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

Fortrea Holdings' Operating Income history runs 5 years deep, the most recent figure standing at -$3.4 million for Q1 2026.

  • Quarterly Operating Income rose 99.35% year-over-year to -$3.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$355.9 million (up 44.79% YoY) and the FY2025 annual result came in at -$872.6 million, down 438.97% from the prior year.
  • Operating Income was -$3.4 million for Q1 2026 at Fortrea Holdings, up from -$13.6 million in the prior quarter.
  • Across five years, Operating Income topped out at $71.2 million in Q2 2022 and bottomed at -$520.1 million in Q1 2025.
  • A 5-year average of -$53.2 million and a median of -$11.1 million in 2025 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2025 — Operating Income tumbled 1290.64% — and 2026, when it soared 99.35%.
  • Fortrea Holdings' Operating Income stood at $14.3 million in 2022, then slumped by 267.83% to -$24.0 million in 2023, then tumbled by 131.67% to -$55.6 million in 2024, then surged by 75.54% to -$13.6 million in 2025, then soared by 75.0% to -$3.4 million in 2026.
  • Business Quant data shows FTRE's Operating Income at -$3.4 million in Q1 2026, -$13.6 million in Q4 2025, and -$8.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -27.75 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn 394.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -445.22 Mn
10 Fortrea Holdings 1.83 Bn 1.68 Bn 123.60 Mn -3.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.40 Mn
Dec 31, 2025 -13.60 Mn
Sep 30, 2025 -8.60 Mn
Jun 30, 2025 -330.30 Mn
Mar 31, 2025 -520.10 Mn
Dec 31, 2024 -55.60 Mn
Sep 30, 2024 -18.00 Mn
Jun 30, 2024 -50.90 Mn
Mar 31, 2024 -37.40 Mn
Dec 31, 2023 -24.00 Mn
Sep 30, 2023 10.30 Mn
Jun 30, 2023 31.60 Mn
Mar 31, 2023 14.10 Mn
Dec 31, 2022 14.30 Mn
Sep 30, 2022 68.90 Mn
Jun 30, 2022 71.20 Mn