# FORTREA HOLDINGS INC. (FTRE) FY2026 YTD Q2 Statement of Cash Flows

- Company: FORTREA HOLDINGS INC. (FTRE)
- Period: 2026-01-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-29, accession number 0001628280-26-050597
- Page: https://plicit.ai/financials/ftre/fy2026-ytd-q2-cash-flow
- Chart image: https://plicit.ai/charts/ftre-fy2026-ytd-q2-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 31, 2025**: 174,600,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 11,900,000 US dollars. Net cash provided.
- **Net loss**: negative 36,800,000 US dollars
- **Decrease in accrued expenses and other**: negative 18,300,000 US dollars
- **Increase (decrease) in accounts payable**: 24,600,000 US dollars
- **Decrease in prepaid expenses and other**: 17,500,000 US dollars
- **Stock compensation**: 24,000,000 US dollars
- **Operating lease right-of-use asset impairment**: 0 US dollars
- **Increase in accounts receivable and unbilled services, net**: negative 70,000,000 US dollars
- **Deferred income taxes**: 900,000 US dollars
- **Increase in unearned revenue**: 28,700,000 US dollars
- **Goodwill and other asset impairments**: 0 US dollars
- **Depreciation and amortization**: 39,400,000 US dollars
- **Other, net**: 2,500,000 US dollars
- **Operating lease right-of-use asset expense**: 4,100,000 US dollars
- **Credit loss expense**: 4,000,000 US dollars
- **Unrealized foreign exchange movements**: negative 8,700,000 US dollars
- **Investing activities**: negative 15,000,000 US dollars. Net cash used.
- **Capital expenditures**: negative 17,000,000 US dollars
- **Proceeds from sale of business, net**: 0 US dollars
- **Proceeds from sale of assets**: 2,000,000 US dollars
- **Financing activities**: 0 US dollars. No net cash provided or used.
- **Proceeds from revolving credit facilities**: 0 US dollars
- **Payments on revolving credit facilities**: 0 US dollars
- **Debt issuance costs**: 0 US dollars
- **Operating adjustment reconciliation**: 145,700,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 0 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 17,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: negative 2,900,000 US dollars
- **Ending cash on Jun 30, 2026**: 168,600,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 186,500,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 6,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
- **Operating cash flow**: 11,900,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **cash spent on productive assets**: 17,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: negative 5,100,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net loss −$36.80M + net operating adjustments $48.70M = operating cash +$11.90M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash spent on productive assets equals free cash flow: 11,900,000 US dollars minus 17,000,000 US dollars equals negative 5,100,000 US dollars.