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Forward Air Corp. (FWRD)
NASDAQ:FWRD
US Market
FWRD
Forward Air
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Forward Air (FWRD) Income Statement

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Forward Air Income Statement

Last quarter (Q1 2026), Forward Air's total revenue was $582.05M, a decrease of -5.09% from the same quarter last year. In Q1, Forward Air's net income was $-34.32M. See Forward Air’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Dec 22Dec 21
Total Revenue
$ 2.50B$ 2.47B$ 1.37B$ 1.68B$ 1.39B
Gross Profit
$ 510.94M$ 339.65M$ 330.15M$ 491.67M$ 313.95M
Operating Expenses
$ 474.51M$ 1.40B$ 241.94M$ 244.07M$ 166.93M
Depreciation and Amortization
$ 152.64M$ 143.98M$ 57.41M$ 42.55M$ 34.97M
EBITDA
$ 186.19M$ -916.64M$ 145.62M$ 290.14M$ 181.99M
Operating Income
$ 36.42M$ -1.06B$ 88.21M$ 247.59M$ 147.03M
Other Income/Expenses
$ -183.62M$ -186.90M$ -31.57M$ -5.14M$ -4.34M
Pretax Income
$ -147.20M$ -1.25B$ 56.64M$ 242.45M$ 142.69M
Net Income
$ -107.80M$ -816.97M$ 167.35M$ 193.19M$ 105.86M
Per Share Metrics
Basic EPS
$ -3.48$ -29.43$ 0.44$ 7.18$ 3.87
Diluted EPS
$ -3.48$ -29.43$ 0.43$ 7.14$ 3.85
Weighted Average Shares Outstanding
 30.97M 27.54M 25.91M 26.78M 27.16M
Weighted Average Shares Outstanding (Diluted)
 30.97M 27.54M 26.00M 26.93M 27.29M
Currency in USD

Forward Air Earnings and Revenue History