FWRDNasdaqArrangement of Transportation of Freight & CargoFiscal year ends December 31
FORWARD AIR CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$15.32+0.28 (+1.86%)
Close on Oct 19, 2026
- Market cap
- $497.61M
- P/E (TTM)
- –
- Dividend yield
- 0.00%
FORWARD AIR CORP revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Omni Logistics | $1.35B | $1.20B | – | – | – | – | – | – | – | – | 54.2% | +12.9% |
| Expedited Freight | $914.66M | $1.04B | $1.10B | $1.26B | $1.10B | $1.07B | $1.00B | – | – | – | 36.7% | -12.5% |
| Intermodal | $230.53M | $232.83M | $274.04M | $419.72M | $289.17M | $199.57M | $217.61M | – | – | – | 9.2% | -1.0% |
| Corporate | $0 | $164.00K | $0 | – | – | – | – | – | – | – | 0.0% | -100.0% |
| Pool Distribution [Member] | – | – | – | – | – | – | $207.09M | $193.69M | $168.19M | $151.25M | – | – |
| Intermodal | – | – | – | – | – | $199.57M | $217.61M | $200.75M | $154.45M | $105.50M | – | – |
| Expedited LTL [Member] | – | – | – | – | – | – | – | $740.33M | $652.30M | $593.47M | – | – |
| Truckload Premium Services [Member] | – | – | – | – | – | – | – | $186.11M | $194.40M | $179.99M | – | – |
| Expedited Freight | – | – | – | – | – | $1.07B | $997.88M | $937.29M | $846.71M | – | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Expedited Freight | $69.78M | $67.95M | $116.31M | $192.58M | $127.05M | $71.27M | $103.64M | – | – | – | +2.7% |
| Omni Logistics | $30.16M | -$1.04B | – | – | – | – | – | – | – | – | -102.9% |
| Intermodal | $16.92M | $18.93M | $25.33M | $56.87M | $30.12M | $16.39M | $23.68M | – | – | – | -10.6% |
| Corporate | -$80.44M | -$105.01M | -$53.43M | – | – | – | – | – | – | – | -23.4% |
| Intersegment revenues | – | – | – | – | – | -$13.73M | -$14.90M | -$9.70M | -$1.77M | -$2.72M | – |
| Pool Distribution [Member] | – | – | – | – | – | – | $7.28M | $5.87M | $6.38M | $3.63M | – |
| Intermodal | – | – | – | – | – | $16.39M | $23.68M | $23.27M | $12.96M | $11.06M | – |
| Expedited LTL [Member] | – | – | – | – | – | – | – | $96.39M | $87.97M | $83.14M | – |
| Truckload Premium Services [Member] | – | – | – | – | – | – | – | $5.06M | $3.22M | -$35.41M | – |
| Expedited Freight | – | – | – | – | – | $71.27M | $103.64M | $103.65M | $91.18M | – | – |
By product or service
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $2.17B | – | – | – | – | – | – | – | – | – | 86.8% | – |
| Foreign Operations | $330.04M | – | – | – | – | – | – | – | – | – | 13.2% | – |
From the segment and revenue-disaggregation notes of Forward Air's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.