FTRE Q4 2024 Earnings — Fortrea Holdings Inc. Revenue & Financial Results | Market Cap Arena

FTREFortrea Holdings Inc.

$851M

Q4 2024 Earnings

Healthcare Biotechnology

Income Statement

Revenue

$697M-10.1% YoY

Gross Profit

$141M20.2% margin

Operating Income

-$56M-8.0% margin

Net Income

-$61M-8.8% margin

EPS (Diluted)

$-0.68

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$20M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.2B

Stockholders' Equity

$1.4B

Cash & Equivalents

$119M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$697M	$775M	-10.1%
Gross Profit	$141M	$120M	+17.7%
Operating Income	-$56M	-$11M	-419.6%
Net Income	-$61M	-$36M	-70.0%

Geographic Segments

North America

$644M47%

Europe

$400M29%

Other Geographical Areas

$316M23%