Forward Air Corporation (FWRD)
NASDAQ: FWRD
· Real-Time Price · USD
29.77
-0.72 (-2.36%)
At close: Aug 15, 2025, 3:59 PM
29.01
-2.54%
After-hours: Aug 15, 2025, 05:41 PM EDT
Forward Air Income Statement
Financials in USD. Fiscal
year is
January - December.
Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 618.84M | 613.28M | 632.85M | 655.94M | 643.67M | 541.81M | 338.43M | 340.98M | 402.18M | 427.07M | 481.2M | 510.02M | 515.22M | 466.96M | 459.93M | 419.63M | 420.67M | 362.2M |
Cost of Revenue | 498.3M | 537.98M | 541M | 545.54M | 517.7M | 444.51M | 335.43M | 368.82M | 314.3M | 311.4M | 342.7M | 364.09M | 369.22M | 350.58M | 347.5M | 324.29M | 333.7M | 291.61M |
Gross Profit | 19.52M | 75.3M | 91.84M | 110.39M | 77.32M | 97.3M | 3M | 91.52M | 87.88M | 115.66M | 138.5M | 145.94M | 146M | 116.38M | 112.43M | 95.33M | 86.97M | 70.59M |
Operating Income | 19.52M | 4.76M | -3.21M | 37.45M | -1.02B | -65.73M | 3M | 11.69M | 30.21M | 50.51M | 61.41M | 71.67M | 75.55M | 57.35M | 51.98M | 42.48M | 42.12M | 22.72M |
Interest Income | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Pretax Income | -37.11M | -41.6M | 31.62M | -32.9M | -1.14B | -107.14M | -20.98M | 9.03M | 27.63M | 48.15M | 59.8M | 70.12M | 74.35M | 56.57M | 51.1M | 41.5M | 40.8M | 21.56M |
Net Income | -12.58M | -50.64M | -36.42M | -73.41M | -645.43M | -61.71M | -53.95M | 9.29M | 19.95M | 36.37M | 42.94M | 52.13M | 55.43M | 42.69M | 40.47M | 23.54M | 30.68M | 11.18M |
Selling & General & Admin | n/a | 15.01M | 19.72M | 17.38M | 14.7M | 12.88M | 9.37M | 12.97M | 13.36M | 13.78M | 12.5M | 12.09M | 13.2M | 11.97M | 11.57M | 9.98M | 10.89M | 9.74M |
Research & Development | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.56M | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Other Expenses | 599.32M | 55.53M | 75.33M | 55.56M | 1.21B | 144.73M | -288.2M | n/a | 371.97M | 51.37M | 64.58M | 62.18M | 57.26M | 47.06M | 48.89M | 42.87M | 33.95M | 38.13M |
Operating Expenses | 599.32M | 70.54M | 95.05M | 72.95M | 1.22B | 157.61M | -278.84M | 12.97M | 57.67M | 65.15M | 77.09M | 74.27M | 70.46M | 59.03M | 60.46M | 52.86M | 44.85M | 47.87M |
Interest Expense | 45.33M | 45.55M | 48.43M | 52.77M | 47.27M | 40.75M | 23.98M | 2.65M | 2.58M | 2.35M | 1.62M | 1.54M | 1.19M | 784K | 877K | 973K | 1.32M | 1.17M |
Selling & Marketing Expenses | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Cost & Expenses | 599.32M | 608.52M | 636.06M | 618.49M | 1.74B | 607.54M | 335.43M | 329.29M | 371.97M | 376.56M | 419.79M | 438.36M | 439.67M | 409.61M | 407.95M | 377.15M | 378.55M | 339.48M |
Income Tax Expense | -16.75M | 19.59M | 67M | 1.3M | -174.94M | -18.35M | -6.25M | 3.55M | 7.67M | 11.79M | 16.86M | 17.99M | 18.92M | 13.88M | 12.9M | 11M | 10.12M | 4.84M |
Shares Outstanding (Basic) | 30.43M | 30.19M | 29.37M | 27.94M | 26.8M | 26.26M | 25.67M | 25.7M | 25.93M | 26.35M | 26.51M | 26.77M | 26.87M | 26.95M | 26.97M | 27.03M | 27.26M | 27.36M |
Shares Outstanding (Diluted) | 30.43M | 30.19M | 29.37M | 27.94M | 26.8M | 26.26M | 25.67M | 25.77M | 26.04M | 26.48M | 26.7M | 26.9M | 26.99M | 27.1M | 27.16M | 27.14M | 27.41M | 27.5M |
EPS (Basic) | -0.41 | -1.68 | -1.24 | -2.63 | -24.08 | -2.81 | -2.1 | 0.36 | 0.76 | 1.37 | 1.61 | 1.95 | 2.06 | 1.58 | 1.49 | 0.86 | 1.12 | 0.40 |
EPS (Diluted) | -0.41 | -1.68 | -1.24 | -2.63 | -24.08 | -2.81 | -2.1 | 0.36 | 0.76 | 1.37 | 1.60 | 1.94 | 2.05 | 1.58 | 1.48 | 0.86 | 1.11 | 0.40 |
EBITDA | 45.02M | 41.3M | 117.7M | 45.77M | -1.05B | -34.6M | 5.75M | 31M | 44.72M | 64.14M | 73.81M | 83.93M | 87.14M | 68.48M | 63.46M | 51.89M | 51.54M | 31.96M |
EBIT | 8.21M | 3.94M | 80.05M | 19.87M | -1.09B | -66.39M | 3M | 15.49M | 26.32M | 50.51M | 61.41M | 71.67M | 75.55M | 57.35M | 51.98M | 42.48M | 42.12M | 22.72M |
Depreciation & Amortization | 36.81M | 37.36M | 37.66M | 25.89M | 48.64M | 31.79M | 13.75M | 15.51M | 14.51M | 13.63M | 12.39M | 12.27M | 11.6M | 11.13M | 11.48M | 9.42M | 9.41M | 9.24M |