Fortrea Holdings Inc

FTRE: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Fortrea Earnings: Cost-Savings Initiatives Improve Margins Amid Soft Revenue

Rachel Elfman

Feb 27, 2026

Fortrea ended 2025 with over $2.7 billion in revenue, up 1% year over year, and adjusted EBITDA fell to $190 million from $203 million in 2024. Management projects 2026 revenue of $2.6 billion at the midpoint, a 4.5% drop from 2025. Nevertheless, Fortrea's shares closed 4.5% higher on Feb. 26.

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Fortrea Holdings Inc

Fortrea Earnings: Cost-Savings Initiatives Improve Margins Amid Soft Revenue

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