10-Q quarterly report · filed Nov 5, 2025

Fortrea Holdings Inc. (FTRE) Q3 2025 10-Q Quarterly Report

Short answer

Fortrea Holdings Inc. (FTRE) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $701M (up 3.9% year over year) with net income of −$16M.

Q3 2025 key financials · XBRL

Revenue
$701M
+3.9% YoY · −1.3% QoQ
Net income
−$16M
+43.0% YoY · +95.8% QoQ
Operating margin
-1.2%
EPS (diluted)
−$0.16
+46.7% YoY · +96.1% QoQ

Source: XBRL data from the Fortrea Holdings Inc. (FTRE) Q3 2025 10-Q on SEC EDGAR. USD.

Fortrea Holdings Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • No newly added risk factors this quarter; no material changes since December 31, 2024 10-K
  • Carried-forward regulatory risk: ongoing exposure to changing healthcare laws affecting product approvals and reimbursement
  • Operational risk: supply chain disruptions from global manufacturing constraints impacting near-term production capacity
  • Competitive risk: intensified market competition from lower-cost generics and biosimilars eroding market share
  • Financial risk: reliance on debt financing with upcoming maturity of $150 million senior notes in Q3 2025

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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