Fortrea Q2 FY26 GAAP net loss narrows to $13.2 million; revenue falls 4.52% to $678.2 million - FTRE News | RalliesFortrea Q2 FY26 GAAP net loss narrows to $13.2 million; revenue falls 4.52% to $678.2 million
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FTRE• Fortrea reports Q2 FY26 results and raises full-year outlook
- Fortrea posted Q2 revenue of $678.2 million, down 4.52% from a year earlier.
- GAAP net loss narrowed to $13.2 million; diluted loss per share improved to $0.14.
- Adjusted EBITDA rose to $58.7 million; adjusted diluted EPS increased to $0.23.
- Backlog was $7.8 billion; quarterly book-to-bill was 1.06x, marking a fourth straight quarter above 1.0x.
- Raised full-year revenue outlook to $2.62 billion-$2.69 billion, lifting adjusted EBITDA guidance to $205 million-$220 million.
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