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 | 2.52B | 2.55B | 2.47B | 2.18B | 1.86B | 1.62B | 1.51B | 1.65B | 1.82B | 1.93B | 1.97B | 1.95B | 1.86B | 1.77B | 1.66B | 1.55B | 1.47B | 1.33B |
Cost of Revenue | 2.12B | 2.14B | 2.05B | 1.84B | 1.67B | 1.46B | 1.33B | 1.34B | 1.33B | 1.39B | 1.43B | 1.43B | 1.39B | 1.36B | 1.3B | 1.23B | 1.18B | 1.08B |
Gross Profit | 297.06M | 354.86M | 376.86M | 288.02M | 269.14M | 279.7M | 298.06M | 433.56M | 487.98M | 546.1M | 546.82M | 520.75M | 470.15M | 411.12M | 365.33M | 318.52M | 285.99M | 245.53M |
Operating Income | 58.52M | -977.69M | -1.05B | -1.04B | -1.07B | -20.83M | 95.41M | 153.82M | 213.8M | 259.13M | 265.98M | 256.54M | 227.35M | 193.93M | 159.3M | 128.05M | 109.08M | 80.87M |
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 | -79.99M | -1.18B | -1.25B | -1.3B | -1.26B | -91.46M | 63.84M | 144.61M | 205.7M | 252.43M | 260.84M | 252.14M | 223.52M | 189.97M | 154.96M | 123.38M | 104.08M | 76M |
Net Income | -173.04M | -805.89M | -816.97M | -834.5M | -751.8M | -86.42M | 11.66M | 108.55M | 151.39M | 186.87M | 193.19M | 190.71M | 162.12M | 137.36M | 105.86M | 60.95M | 54.06M | 26.54M |
Selling & General & Admin | 52.11M | 66.81M | 64.68M | 54.33M | 49.91M | 48.58M | 49.48M | 52.61M | 51.74M | 51.57M | 49.76M | 48.83M | 46.72M | 44.41M | 42.19M | 39.09M | 37.78M | 34.61M |
Research & Development | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.56M | 2.56M | 2.56M | 2.56M | n/a | n/a | n/a | n/a | 2.05M | 2.05M | 2.05M |
Other Expenses | 785.75M | 1.39B | 1.48B | 1.12B | 1.06B | 228.5M | 135.14M | 487.93M | 550.11M | 235.4M | 231.09M | 215.39M | 196.08M | 172.77M | 163.84M | 114.95M | 102.7M | 93.63M |
Operating Expenses | 837.86M | 1.46B | 1.55B | 1.17B | 1.11B | -50.58M | -143.04M | 212.88M | 274.18M | 286.97M | 280.85M | 264.21M | 242.8M | 217.19M | 206.03M | 190.47M | 176.9M | 164.66M |
Interest Expense | 192.07M | 194.01M | 189.22M | 164.76M | 114.65M | 69.97M | 31.57M | 9.21M | 8.1M | 6.71M | 5.14M | 4.4M | 3.83M | 3.96M | 4.34M | 4.67M | 5M | 4.87M |
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 | 2.46B | 3.6B | 3.6B | 3.3B | 3.01B | 1.64B | 1.41B | 1.5B | 1.61B | 1.67B | 1.71B | 1.7B | 1.63B | 1.57B | 1.5B | 1.42B | 1.36B | 1.25B |
Income Tax Expense | 71.14M | -87.05M | -124.99M | -198.25M | -196M | -13.38M | 16.76M | 39.87M | 54.3M | 65.55M | 67.65M | 63.69M | 56.71M | 47.91M | 38.87M | 30.35M | 24.57M | 17.93M |
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) | -5.96 | -29.63 | -30.76 | -31.62 | -28.63 | -3.79 | 0.39 | 4.10 | 5.69 | 6.99 | 7.20 | 7.08 | 5.99 | 5.05 | 3.87 | 2.21 | 1.95 | 0.94 |
EPS (Diluted) | -5.96 | -29.63 | -30.76 | -31.62 | -28.63 | -3.79 | 0.39 | 4.09 | 5.67 | 6.96 | 7.17 | 7.05 | 5.97 | 5.03 | 3.85 | 2.20 | 1.94 | 0.94 |
EBITDA | 249.8M | -840.73M | -916.64M | -1.03B | -1.04B | 46.87M | 145.62M | 213.67M | 266.61M | 309.02M | 313.36M | 303.02M | 270.98M | 235.37M | 198.85M | 165.32M | 146.11M | 117.9M |
EBIT | 112.08M | -990.28M | -1.06B | -1.14B | -1.14B | -21.57M | 95.33M | 153.74M | 209.91M | 259.13M | 265.98M | 256.54M | 227.35M | 193.93M | 159.3M | 128.05M | 109.08M | 80.87M |
Depreciation & Amortization | 137.72M | 149.55M | 143.98M | 120.07M | 109.68M | 75.56M | 57.41M | 56.05M | 52.81M | 49.89M | 47.39M | 46.48M | 43.63M | 41.45M | 39.55M | 37.27M | 37.03M | 35.73M |