Q2 FY2026 EarningsQ2 FY26 results delivered a solid beat across key top and bottom-line metrics, characterized by revenue of $678.2M vs. $647.6M expected and Adjusted Diluted EPS of $0.23 vs. $0.18 expected. Despite a YoY revenue decline, a book-to-bill ratio of 1.06x and disciplined SG&A reductions drove a significantly narrower GAAP net loss of $13.2M compared to consensus expectations of $20.4M. Management raised full-year FY26 revenue and adjusted EBITDA guidance, signaling strong commercial momentum and confidence in operational execution.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Fortrea(FTRE) the Revenue is 678.2 M (-4.52%), Beat estimate;the EBIT is 39.1 M (+10.76%), Miss estimate;the EPS is -0.14 (+96.62%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.68B4.52%
0.65B8.83%
+0.03B4.31%
EBITMiss expectations
0.04B10.76%
0.04B16.27%
-0.00B5.51%
EPSExceed expectations
-0.1496.62%
-0.227594.50%
+0.08752.12%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf