Every 8-K that Fortrea Holdings Inc. (FTRE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FTRE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FTRE filings page.
Fortrea Holdings Inc. (FTRE) appointed Carrie Russell as Chief Accounting Officer effective October 5, 2026. She has served as interim Chief Accounting Officer and interim principal accounting officer since August 7, 2026, while continuing as Vice President of Accounting, and will continue as principal accounting officer. Her compensation package includes an annual base salary of $340,000 and an annual incentive bonus target of 40% of base salary. She is eligible for annual long-term incentive awards in the form of performance stock units and restricted stock units under the Company’s 2023 Omnibus Incentive Plan, as well as participation in other benefit plans and programs.
Fortrea Holdings Inc. (FTRE) reports that its Board of Directors reinstated Jason Knoblauch as Chief Financial Officer and designated him as the company’s principal financial officer effective September 9, 2026. He will continue under the same compensation package previously disclosed in a prior SEC filing.
The company discloses that Mr. Knoblauch, Fortrea and his former employer entered into a settlement agreement and mutual release resolving a previously disclosed Delaware Court of Chancery matter, under which a temporary restraining order had prevented him from serving as CFO. Director David Smith, who had been Interim CFO and principal financial officer during Mr. Knoblauch’s leave of absence, has stepped down from that interim role but remains on the Board.
Fortrea Holdings Inc. outlines senior finance leadership changes and related compensation. Chief Accounting Officer Robert A. Parks plans to resign effective August 7, 2026 to pursue an opportunity outside the contract research organization industry; the company states his decision is not due to any disagreement over operations or accounting practices. Vice President of Accounting Carrie Russell will become interim principal accounting officer and interim Chief Accounting Officer on that date, receiving a $20,000 one-time cash bonus and an additional $10,000 per month during her interim service.
The company also details the transition for departing Chief Financial Officer Jill McConnell. She will remain employed through September 8, 2026 with existing pay, benefits, and continued equity vesting. If she remains through the transition, she is eligible for severance totaling $1,017,500, paid in two equal installments, plus up to 12 months of company-paid COBRA premiums and continued vesting of restricted stock units during a consulting period through March 8, 2027.
Fortrea Holdings Inc. announced a planned chief financial officer transition. Jason F. Knoblauch will become CFO and principal financial officer on July 6, 2026, succeeding Jill McConnell, who will remain for a transition period and is not leaving due to any disagreement on financial reporting or controls.
Knoblauch’s offer includes a $570,000 base salary, a target annual bonus equal to 85% of salary, and a $1,250,000 cash inducement award. He will also receive employment inducement equity awards with grant date fair values of about $2.3 million in restricted stock units and $1.7 million in performance stock units, capped at an aggregate of 400,000 shares, plus future long-term incentive grants starting with a $2 million award in the 2028 cycle.
The company reiterated its 2026 financial guidance, targeting revenues between $2,550 million and $2,650 million and adjusted EBITDA between $190 million and $220 million, underscoring that the leadership change does not alter its current financial outlook.
Fortrea Holdings Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 9, 2026. As of the April 15, 2026 record date, 94,584,730 common shares were outstanding, and 86,194,966 shares were present or represented by proxy, establishing a quorum.
Stockholders elected Anshul Thakral, Peter M. Neupert and William J. Sharbaugh to the board. They ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, and approved on an advisory basis the compensation of the Company’s named executive officers.
Fortrea Holdings Inc. reported first-quarter 2026 results, with revenue of $636.5 million compared to $651.3 million a year earlier. GAAP net loss narrowed sharply to $23.6 million, or $(0.25) per diluted share, versus a prior-year net loss of $562.9 million, which included a large non-cash goodwill impairment.
On a non-GAAP basis, adjusted EBITDA rose to $47.0 million from $30.3 million, and adjusted net income increased to $15.2 million, or $0.16 per diluted share, from $1.9 million. The book-to-bill ratio was 1.15x and backlog was $7,846 million as of March 31, 2026. The company reaffirmed full-year 2026 guidance for revenue of $2,550–$2,650 million and adjusted EBITDA of $190–$220 million.
Fortrea Holdings reported fourth-quarter 2025 revenue of $660.5 million and full‑year revenue of $2,723.4 million, roughly flat versus 2024. Fourth‑quarter GAAP net loss narrowed to $32.5 million, while full‑year GAAP net loss widened sharply to $986.2 million.
The full‑year loss was driven largely by a non‑cash goodwill impairment charge of $797.9 million recorded in the first half of 2025. Excluding this and other adjustments, full‑year adjusted net income was $40.4 million and adjusted EBITDA was $189.9 million. Free cash flow for 2025 was $88.3 million, and year‑end cash stood at $174.6 million against gross debt of $1,066.3 million.
Operationally, Fortrea reported a fourth‑quarter book‑to‑bill ratio of 1.14x and a trailing 12‑month book‑to‑bill of 1.02x, with backlog of $7,728.0 million at December 31, 2025. For 2026, the company targets revenue of $2,550 million to $2,650 million and adjusted EBITDA of $190 million to $220 million.
Fortrea Holdings Inc. reported the results of its cash tender offer for its 7.500% Senior Secured Notes due 2030. The company had offered to purchase up to $75,744,000 in aggregate purchase price of these notes. Holders tendered more notes than this maximum, and Fortrea accepted $75,743,000 in aggregate principal amount for purchase, based on a Final Proration Factor of 0.154199 and rounding down to the nearest $1,000 of principal. The offer expired at 5:00 p.m., New York City time, on November 18, 2025.
Fortrea Holdings Inc. (FTRE) furnished an 8-K announcing quarterly results. On November 5, 2025, the company issued a press release with financial results for the fiscal quarter ended September 30, 2025, furnished as Exhibit 99.1.
The disclosure under Item 2.02 is being furnished and not deemed filed under the Exchange Act, and is not subject to Section 18 liabilities, nor incorporated by reference except as specifically stated.
Fortrea Holdings Inc. expanded its board and appointed William J. Sharbaugh as a Class III director, with his term running until the 2026 Annual Meeting of Stockholders or until a successor is elected. The board size was increased to eight directors. Mr. Sharbaugh brings more than three decades of pharmaceutical industry experience across finance, operations, manufacturing, quality, and clinical research organizations, and currently serves on several industry boards. At the time of disclosure he was not named to board committees and will be compensated under the company’s non-employee director compensation policy. The company disclosed no related-party transactions or family relationships requiring disclosure and furnished a press release as an exhibit.
Fortrea Holdings Inc. amended and restated its 2025 Inducement Award Plan on August 21, 2025 to increase the number of shares reserved for issuance by 2,200,000 shares. The amended and restated plan (the A&R Inducement Plan) expands the pool so the company can grant additional inducement awards to new hires who qualify under Nasdaq Listing Rule 5635(c)(4). The original 2025 Inducement Award Plan had been established solely to grant inducement awards to Anshul Thakral. The company will file the full text of the A&R Inducement Plan with its Quarterly Report for the quarter ending September 30, 2025.