Fortrea Holdings Inc.

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

FTRE$21.39-3.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated and Combined Statements of Operations

	Years Ended December 31,
	2025	2024	2023
Revenues	$2,723.4	$2,696.4	$2,842.5
Costs and expenses:
Direct costs, exclusive of depreciation and amortization (including costs incurred from related parties of $48.8 during the year ended December 31, 2023)	2,219.6	2,162.2	2,251.9
Selling, general and administrative expenses, exclusive of depreciation and amortization	456.4	560.7	448.1
Depreciation and amortization	78.0	85.3	89.3
Goodwill and other asset impairments	797.9	—	—
Restructuring and other charges	44.1	50.1	21.2
Total costs and expenses	3,596.0	2,858.3	2,810.5
Operating (loss) income	(872.6)	(161.9)	32.0
Other income (expense):
Interest expense	(91.4)	(123.8)	(69.7)
Foreign exchange (loss) gain	(26.9)	(10.6)	0.3
Other, net	7.9	21.3	6.9
Loss from continuing operations before income taxes	(983.0)	(275.0)	(30.5)
Income tax expense (benefit)	3.2	(3.5)	1.2
Loss from continuing operations	(986.2)	(271.5)	(31.7)
(Loss) income from discontinued operations, net of tax	—	(57.0)	6.5
Net loss	$(986.2)	$(328.5)	$(25.2)
Earnings (loss) per common share
Basic and diluted earnings (loss) per share from continuing operations	$(10.81)	$(3.03)	$(0.36)
Basic and diluted earnings (loss) per share from discontinued operations	—	(0.64)	0.07
Basic and diluted earnings (loss) per share	$(10.81)	$(3.67)	$(0.29)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.