---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-049217"
form_type: "8-K"
ticker: "FTRE"
cik: "0001965040"
company_name: "Fortrea Holdings Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:25:38.059889+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fortrea Q3 revenue $701.3M, GAAP net loss $(0.17)/share; raises FY revenue guide

## Summary
- Revenue $701.3M (+4% YoY); GAAP net loss $(15.9)M vs $(18.5)M loss in Q3 2024.
- Adjusted EPS $0.12 vs $0.23 a year ago; adjusted EBITDA $50.7M vs $64.2M.
- Book-to-bill 1.13x for Q3; backlog $7,644M; trailing 12-month book-to-bill 1.07x.
- FY 2025 revenue guidance raised to $2,700-2,750M; adjusted EBITDA narrowed to $175-195M.
- Cost saving initiatives on track; recent CEO transition noted as smooth.

## SEC filing metadata
- accession: 0001628280-25-049217
- form_type: 8-K
- ticker: FTRE
- cik: 0001965040
- company_name: Fortrea Holdings Inc.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1965040/000162828025049217/0001628280-25-049217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1965040/000162828025049217/ftre-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-049217
- JSON: https://secwatch.observer/filing/0001628280-25-049217.json
- Plain text: https://secwatch.observer/filing/0001628280-25-049217.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.