Stocks Industrials FWRD
NASDAQ · IndustrialsForward Air Corp (FWRD)
Forward Air Corp brought in $2.5B of revenue over the twelve months to June 30, 2026, down 0.1% from a year earlier. It posted a net loss of $286.2M. Operating cash flow minus capital spending left $15.3M of free cash flow in fiscal 2025. At June 30, 2026 it held $139.4M in cash against $1.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 5, 2026.
What Forward Air Corp does
Forward Air Corp is registered with the SEC under industry code SIC 4731 (Arrangement of Transportation of Freight & Cargo). Its shares trade on NASDAQ under the ticker FWRD.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.5B | -$107.8M | -$3.51 | $15.3M |
| 2024 | $2.5B | -$817M | -$30.63 | -$106.1M |
| 2023 | $1.4B | $167.4M | $6.40 | $168.5M |
| 2022 | $1.7B | $193.2M | $7.14 | $210.9M |
| 2021 | $1.4B | $105.9M | $3.85 | $82.2M |
| 2020 | $1.3B | $23.7M | $0.84 | $75.8M |
Latest SEC filings
What Forward Air Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 13, 2026Passive stake (5% or more) SCHEDULE 13G
- August 6, 2026Passive stake (5% or more) SCHEDULE 13G
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026
- August 5, 2026
- July 28, 2026Passive stake (5% or more) SCHEDULE 13G
- July 21, 2026
- July 10, 2026
- July 8, 2026Passive stake changed SCHEDULE 13G/A
- June 25, 2026
- June 17, 2026
Questions about FWRD
What does Forward Air Corp do?
Forward Air Corp is registered with the SEC under industry code SIC 4731 (Arrangement of Transportation of Freight & Cargo). Its shares trade on NASDAQ under the ticker FWRD.
Is Forward Air Corp profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $286.2M on revenue of $2.5B.
How much revenue does Forward Air Corp make?
Over the twelve months to June 30, 2026 Forward Air Corp reported revenue of $2.5B. That is 0.1% less than a year earlier.
When did Forward Air Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 5, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the passive stake (5% or more) from August 13, 2026.
Similar companies
Follow FWRD
Get an email when Forward Air Corp files with the SEC: results, executive changes, material agreements and annual reports.
Follow FWRD: get an email when it filesWhere the numbers come from
Financial figures are the values Forward Air Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.