FTRE FY 2023 Earnings — Fortrea Holdings Inc. Revenue & Financial Results | Market Cap Arena

FTREFortrea Holdings Inc.

$851M

FY 2023 Earnings

Healthcare Biotechnology

Income Statement

Revenue

$2.8B+0.2% YoY

Gross Profit

$591M20.8% margin

Operating Income

$32M1.1% margin

Net Income

-$25M-0.9% margin

EPS (Diluted)

$-0.04

Cash Flow

Operating Cash Flow

$168M

Free Cash Flow

$128M

Stock-Based Comp.

$43M

Balance Sheet

Total Assets

$4.3B

Total Liabilities

$2.6B

Stockholders' Equity

$1.7B

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$2.8B	+0.2%
Gross Profit	$591M	$724M	-18.5%
Operating Income	$32M	$187M	-82.9%
Net Income	-$25M	$186M	-113.5%