Forward Air Corporation (FWRD)
NMS · Industrials · Integrated Freight & Logistics
Closing price as of 2026-06-12 · Source: TEK2day Finance
Key Metrics
About Forward Air Corporation
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. Its Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, value-added services, time-definite transportation services, and other supply chain solutions. Its Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. The company serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was incorporated in 1981 and is headquartered in Dallas, Texas.
Quarterly Financials
| Metric | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 |
|---|---|---|---|---|
| Revenue | 618.8M | 631.8M | 631.2M | 582.0M |
| Gross Profit | 78.5M | 88.5M | 95.9M | 89.5M |
| Operating Income | 19.5M | 15.0M | -2.9M | 20.4M |
| Net Income | -12.6M | -16.2M | -28.3M | -34.3M |
| Diluted EPS | $-0.41 | $-0.52 | $-0.91 | $-1.09 |
Annual Financials
| Metric | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Revenue | 1.7B | 1.4B | 2.5B | 2.5B |
| Gross Profit | 491.7M | 330.2M | 339.7M | 338.2M |
| Operating Income | 247.6M | 88.2M | -34.5M | 36.4M |
| Net Income | 193.2M | 167.4M | -817.0M | -107.8M |
| Diluted EPS | $7.14 | $6.40 | $-29.66 | $-3.51 |