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FWRD FINANCIAL STATEMENTS

Forward Air Corporation — balance sheet, income statement and cash flow trends

FWRDForward Air Corporation

🇺🇸 USA · NASDAQ · Industrials · Integrated Freight & Logistics

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income to Owners
01 B2 B202120222023202420252026

Profit Funnel

Q2 2026 · TTM
Revenue2.5 B $Gross Profit267.9 M $ · 11%Operating Income-168.7 M $ · -7%Pre-tax Income-350.9 M $ · -14%Net Income to Owners-286.2 M $ · -11%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue2.5 B $-0.1%
Gross Profit267.9 M $-31.8%
Operating Income-168.7 M $-388.3%
EBITDA-107.7 M $-143.1%
Net Income to Owners-286.2 M $—

No peer data is available for this stock.

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
02 B4 B202120222023202420252026

Capital Structure

Q2 2026
Total Assets2.4 B
  • Current Liabilities441.6 M $17%
  • Long-term Liabilities2.1 B $83%

Key Figures

YoY change
Total Assets2.4 B $-12.7%
Total Liabilities2.5 B $-0.5%
Total Equity-115.4 M $-176.0%
Cash & ST Investments139.4 M $+46.6%
Total Debt2.1 B $-2.4%
Net Debt2 B $-4.7%

No peer data is available for this stock.

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
0200 M202120222023202420252026

Cash Flow Bridge

Q2 2026 · TTM
020 M40 M60 M70.8 M $Operating-10.7 M $Investing-16 M $Financing44.2 M $Net Change

Key Figures

YoY change
Operating Cash Flow70.8 M $+73.6%
Capital Expenditures22.6 M $-34.1%
Free Cash Flow48.2 M $+643.8%
Dividends Paid——

No peer data is available for this stock.

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Sep 11, 26. This content is for informational purposes only and is not investment advice.