For the year ending 2025-12-31, FTRE made $2,723.4M in revenue. -$986.2M in net income. Net profit margin of -36.21%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues | 2,723.4 | 2,696.4 | ||
| 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 | 2,211 | ||
| Selling, general and administrative expenses, exclusive of depreciation and amortization | 456.4 | 560.7 | ||
| Depreciation and amortization | 78 | 85.3 | ||
| Goodwill and other asset impairments | 797.9 | - | ||
| Restructuring and other charges | 44.1 | 50.1 | ||
| Total costs and expenses | 3,596 | 2,858.3 | ||
| Operating (loss) income | -872.6 | -161.9 | ||
| Interest expense | -91.4 | -123.8 | ||
| Foreign exchange (loss) gain | -26.9 | -10.6 | ||
| Other, net | 7.9 | 21.3 | ||
| Loss from continuing operations before income taxes | -983 | -275 | ||
| Income tax expense (benefit) | 3.2 | -3.5 | ||
| Loss from continuing operations | -986.2 | -271.5 | ||
| (loss) income from discontinued operations, net of tax | 0 | -57 | ||
| Net loss | -986.2 | -328.5 | ||
| Basic EPS | -10.81 | -3.67 | ||
| Diluted EPS | -10.81 | -3.67 | ||
| Basic Average Shares | 91,200,000 | 89,500,000 | ||
| Diluted Average Shares | 91,200,000 | 89,500,000 | ||
Fortrea Holdings Inc. (FTRE)
Fortrea Holdings Inc. (FTRE)