Fortrea Holdings reported revenue of $678.20M and net income of -$13.20M for the quarter ended Jun 2026, down 4.5% year over year. This income statement covers 17 quarters of results from Jun 2022 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||
| Revenue | 793.10M | 762.30M | 502.60M | 693.90M | 725.10M | 713.80M | 709.70M | 662.10M | 662.40M | 674.90M | 697.00M | 651.30M | 710.30M | 701.30M | 660.50M | 636.50M | 678.20M |
| Cost of RevenueCost of Rev | 614.30M | 594.80M | 265.00M | 541.50M | 568.70M | 563.80M | 577.90M | 554.20M | 525.30M | 526.60M | 556.10M | 534.80M | 576.80M | 578.60M | 529.40M | 512.90M | 539.00M |
| Gross Profit | 178.80M | 167.50M | 237.60M | 152.40M | 156.40M | 150.00M | 131.80M | 107.90M | 137.10M | 148.30M | 140.90M | 116.50M | 133.50M | 122.70M | 131.10M | 123.60M | 139.20M |
| Operating items | |||||||||||||||||
| Selling, General & AdministrativeSG&A | 71.20M | 70.70M | 199.60M | 116.80M | 97.80M | 106.80M | 126.70M | 120.10M | 156.20M | 136.30M | 148.10M | 121.80M | 124.80M | 106.80M | 103.00M | 100.50M | 102.10M |
| Restructuring CostsRestructuring | 13.00M | 5.20M | -1.90M | 0.60M | 3.60M | 10.10M | 6.90M | 3.30M | 10.40M | 8.80M | 27.60M | 6.50M | 10.30M | 4.90M | 22.40M | 6.70M | 2.70M |
| Other Operating ExpensesOther Opex | 637.70M | 617.50M | 290.60M | 562.40M | 592.10M | 586.60M | 600.10M | 576.10M | 546.70M | 547.80M | 576.90M | 1,043.10M | 905.50M | 598.20M | 548.70M | 532.70M | 558.60M |
| Operating ExpensesOpex | 721.90M | 693.40M | 488.30M | 679.80M | 693.50M | 703.50M | 733.70M | 699.50M | 713.30M | 692.90M | 752.60M | 1,171.40M | 1,040.60M | 709.90M | 674.10M | 639.90M | 663.40M |
| Operating IncomeOp. Inc | 71.20M | 68.90M | 14.30M | 14.10M | 31.60M | 10.30M | -24.00M | -37.40M | -50.90M | -18.00M | -55.60M | -520.10M | -330.30M | -8.60M | -13.60M | -3.40M | 14.80M |
| EBIT | 71.20M | 68.90M | 14.30M | 14.10M | 31.60M | 10.30M | -24.00M | -37.40M | -50.90M | -18.00M | -55.60M | -520.10M | -330.30M | -8.60M | -13.60M | -3.40M | 14.80M |
| Non-operating items | |||||||||||||||||
| Non Operating Interest Expenses | 0.20M | 0.70M | 34.60M | 34.50M | |||||||||||||
| Interest & Investment IncomeInt & Inv Inc | -0.70M | -34.60M | -34.50M | -34.30M | -45.20M | -22.40M | -21.90M | -22.30M | -23.30M | -22.60M | -23.20M | -19.10M | -19.30M | ||||
| Other Non Operating IncomeOther Non Op Inc. | 12.00M | 4.80M | -19.00M | 3.60M | 2.30M | -5.30M | 9.00M | 4.80M | 6.20M | -5.60M | -19.90M | 5.10M | 1.20M | 9.70M | 3.50M | ||
| Net income details | |||||||||||||||||
| EBT | 83.60M | 74.20M | -8.30M | 9.50M | 36.60M | -21.90M | -54.70M | -75.70M | -88.60M | -35.80M | -74.90M | -548.00M | -370.70M | -28.70M | -35.60M | -12.30M | -1.20M |
| Tax ProvisionsTaxes | 17.20M | 13.60M | 5.30M | 1.50M | 11.60M | -5.80M | -6.10M | 4.10M | 10.70M | -17.30M | -1.00M | 14.90M | 4.20M | -12.80M | -3.10M | 11.30M | 12.00M |
| Profit After TaxPAT | -85.60M | 60.60M | 26.70M | 19.10M | 32.00M | -16.10M | -61.00M | -101.00M | -138.40M | -27.90M | -61.20M | -562.90M | -374.90M | -15.90M | -32.50M | -25.40M | -13.20M |
| Income from Continuing OperationsIncome (Continuing) | 66.40M | 60.60M | -13.60M | 8.00M | 25.00M | -16.10M | -48.60M | -79.80M | -99.30M | -18.50M | -73.90M | -562.90M | -374.90M | -15.90M | -32.50M | -23.60M | -13.20M |
| Income from Discontinued OperationsIncome (Discontinued) | 4.50M | 5.80M | 2.10M | -5.90M | -21.20M | -39.10M | -9.40M | 12.70M | |||||||||
| Consolidated Net IncomeConsol Net Inc. | 66.40M | 60.60M | -13.60M | 12.50M | 30.80M | -14.00M | -54.50M | -101.00M | -138.40M | -27.90M | -61.20M | -562.90M | -374.90M | -15.90M | -32.50M | -23.60M | -13.20M |
| Income towards Parent CompanyParent Net Inc | 66.40M | 60.60M | -13.60M | 12.50M | 30.80M | -14.00M | -54.50M | -101.00M | -138.40M | -27.90M | -61.20M | -562.90M | -374.90M | -15.90M | -32.50M | -23.60M | -13.20M |
| Net Income towards Common StockholdersNet Income | 66.40M | 60.60M | -13.60M | 12.50M | 30.80M | -14.00M | -54.50M | -101.00M | -138.40M | -27.90M | -61.20M | -562.90M | -374.90M | -15.90M | -32.50M | -23.60M | -13.20M |
| Additional items | |||||||||||||||||
| EPS (Basic) | 0.37 | 0.34 | -0.08 | 0.07 | 0.17 | -0.08 | -0.31 | -0.57 | -0.77 | -0.16 | -0.34 | -6.25 | -4.14 | -0.17 | -0.36 | -0.25 | -0.14 |
| EPS (Diluted) | 0.37 | 0.34 | -0.08 | 0.07 | 0.17 | -0.08 | -0.31 | -0.57 | -0.77 | -0.16 | -0.34 | -6.25 | -4.14 | -0.17 | -0.36 | -0.25 | -0.14 |
| Shares Outstanding | 177.60M | 177.60M | 177.60M | 177.60M | 177.60M | 177.60M | 177.60M | 178.40M | 178.80M | 179.20M | 179.00M | 90.10M | 90.60M | 91.20M | 91.20M | 93.60M | 94.80M |
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 177.60M | 177.60M | 177.60M | 177.60M | 177.60M | 177.60M | 177.60M | 178.40M | 178.80M | 179.20M | 179.00M | 90.10M | 90.60M | 91.20M | 91.20M | 93.60M | 94.80M |
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 177.60M | 177.60M | 177.60M | 177.60M | 177.60M | 177.60M | 177.60M | 178.80M | 179.00M | 179.40M | 179.00M | 90.50M | 90.80M | 92.20M | 93.10M | 94.60M | 95.10M |
| EBITDA | 71.20M | 68.90M | 14.30M | 14.10M | 31.60M | 10.30M | -24.00M | -37.40M | -50.90M | -18.00M | -55.60M | -520.10M | -330.30M | -8.60M | -13.60M | -3.40M | 14.80M |
| Interest ExpensesInt Expense | 0.20M | 0.70M | 34.60M | 34.50M | |||||||||||||
| Tax Rate | 20.57% | 18.33% | -63.86% | 15.79% | 31.69% | 26.48% | 11.15% | -5.42% | -12.08% | 48.32% | 1.34% | -2.72% | -1.13% | 44.60% | 8.71% | -91.87% | -1,000.00% |