Fortrea Holdings Inc. (FTRE)
Fortrea Holdings Inc. (FTRE)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Loss on sale of business | NaN | 0 | 0 | 0 |
| Net loss | -23,600 | -32,500 | -15,900 | -937,800 |
| Write-off of debt issuance costs | NaN | 1,000 | 0 | 0 |
| Depreciation and amortization | 19,800 | 19,300 | 19,600 | 39,100 |
| Stock compensation | 11,400 | 14,800 | 22,300 | 37,300 |
| Credit loss expense | 3,000 | -1,500 | 4,500 | 9,000 |
| Operating lease right-of-use asset expense | 2,000 | 2,900 | 2,600 | 6,000 |
| Operating lease right-of-use asset impairment | 0 | 0 | 100 | 1,200 |
| Goodwill and other asset impairments | 0 | 0 | 0 | 797,900 |
| Deferred income taxes | -4,000 | -7,600 | -7,600 | -16,800 |
| Unrealized foreign exchange movements | 8,200 | 2,400 | -1,100 | -37,700 |
| Other, net | -400 | -2,300 | 100 | -2,300 |
| (increase) decrease in accounts receivable and unbilled services, net | NaN | NaN | -66,900 | 77,500 |
| Increase in accounts receivable and unbilled services, net | 33,700 | -70,900 | NaN | NaN |
| Decrease in prepaid expenses and other | -11,400 | 11,400 | -19,300 | -24,500 |
| Increase (decrease) in accounts payable | 41,300 | -20,200 | -42,900 | -46,800 |
| Increase in deferred revenue | 6,600 | 60,200 | 31,400 | 23,200 |
| Decrease in accrued expenses and other | -43,400 | 22,700 | -14,500 | -1,700 |
| Net cash used for operating activities | -17,000 | 129,100 | 86,800 | -102,400 |
| Proceeds from sale of assets | NaN | 0 | 0 | 0 |
| Capital expenditures | 8,000 | 7,500 | 7,300 | 10,400 |
| Proceeds from sale of business, net | 0 | 0 | 20,600 | 19,000 |
| Principal payments on long-term debt | NaN | 75,700 | 0 | 0 |
| Net cash (used for) provided by investing activities | -8,000 | -7,500 | 13,300 | 8,600 |
| Proceeds from revolving credit facilities | 0 | 0 | 137,500 | 316,400 |
| Payments on revolving credit facilities | 0 | 0 | 187,500 | 266,400 |
| Payments for taxes related to net share settlement of stock awards | NaN | 0 | 0 | NaN |
| Proceeds from term loans | NaN | 0 | NaN | NaN |
| Special payment to former parent | NaN | 0 | NaN | NaN |
| Proceeds from issuance of senior notes | NaN | 0 | NaN | NaN |
| Net transfers to former parent | NaN | 0 | NaN | NaN |
| Debt issuance costs | 0 | 0 | 0 | 600 |
| Net cash provided by financing activities | 0 | -75,700 | -50,000 | 49,400 |
| Effect of exchange rate changes on cash and cash equivalents | -2,100 | -2,600 | 0 | 7,100 |
| Net change in cash and cash equivalents | -27,100 | 43,300 | 50,100 | -37,300 |
| Cash and cash equivalents at beginning of period | 174,600 | 131,300 | 118,500 | NaN |
| Cash and cash equivalents at end of period | 147,500 | 174,600 | 131,300 | NaN |