Filing Flows › Fortrea Holdings (FTRE) › Q2 2026
Fortrea Holdings (FTRE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Fortrea Holdings (FTRE) reported revenue of $678M for the second quarter 2026 (Q2 2026), -5% from a year earlier and +7% from the quarter before. Operating margin was 2.2%, net loss $13.2M (1.9% of revenue).
Fortrea Holdings, Q2 2026: revenue $678M (-4% year over year), operating margin 2.2%, net loss $13.2M, operating cash flow $28.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $678M | +7% | -5% |
| Operating profit | $14.8M | — | — |
| Net earnings | −$13.2M | — | — |
| Operating cash flow | $28.9M | — | +33% |
| Free cash flow | $19.9M | — | — |
What changed
Revenue was $678.2M in Q2 2026, down 5% year over year and up 7% from the previous quarter.
Operating profit was $14.8M, a 2.2% margin (up 48.7 points year over year). Total costs fell 36% while revenue fell 5%. The quarter ended with a net loss of $13.2M, narrower than the previous quarter's $23.6M loss. Net interest and other expense of $16.0M was the main reason.
Operating cash flow was $28.9M (up 33% year over year). Non-cash charges added back $19.6M of depreciation and amortization and $12.6M of share-based compensation. Working capital and other items added $9.9M. After capital expenditures ($9.0M), free cash flow as the company reports it was $19.9M.
Questions
What was Fortrea Holdings' revenue in the second quarter 2026?
Fortrea Holdings (FTRE) reported revenue of $678M for the second quarter 2026 (Q2 2026), -5% from a year earlier and +7% from the quarter before.
Was Fortrea Holdings profitable in the second quarter 2026?
Operating profit was $14.8M (2.2% of revenue) and net loss $13.2M.
Source: Fortrea Holdings 10-Q on SEC EDGAR.