FWRD — FORWARD AIR CORP
—
Nasdaq ·
Industrials ·
Air Freight & Logistics ·
CIK 912728 ·
Last close
$14.69
Market Cap
$496.24M
52W High
$31.18
52W Low
$7.86
ADV30
503,307
Next earnings
2026-11-04
Quarterly Fundamentals
Revenues vs Net Income (last 4 Q)
Assets vs Liabilities (last 4 Q)
| Period | Revenues | Gross profit | Op income | Net income | Assets | Cash | Liabilities |
|---|---|---|---|---|---|---|---|
| Jun 2026 | 673,036,000 | 111,946,000 | 42,694,000 | -207,300,000 | 2,410,845,000 | 139,448,000 | 2,533,511,000 |
| Mar 2026 | 582,046,000 | 89,532,000 | 20,441,000 | -34,319,000 | 2,695,879,000 | 141,022,000 | 2,573,603,000 |
| Dec 2025 | 631,230,000 | 95,873,000 | -2,868,000 | -28,326,000 | 2,718,944,000 | 105,996,000 | 2,557,280,000 |
| Sep 2025 | 631,763,000 | 88,537,000 | 15,007,000 | -16,250,000 | 2,794,198,000 | 140,354,000 | 2,598,356,000 |
Cashflow TTM (yfinance, fills SEC gap)
Operating CF
$62,507,000
Investing CF
$-21,191,000
Financing CF
$-17,118,000
CapEx
$-24,156,000
Dividends Paid
$0
Buybacks
$0
EPS Diluted TTM
$-2.93
As of
2026-08-09
Balance + Analyst (yfinance extras)
Retained Earnings
$-482,911,000
Inventory
—
Receivables
$333,776,000
ST Investments
—
EBIT TTM
$34,787,000
Pretax Income TTM
$-144,000,000
Interest Exp TTM
$178,787,000
Analysts
2
Yahoo Snapshot (yfinance, live)
Total Revenue
$2,518,074,880
EBITDA
$281,767,008
Free Cash Flow
$86,966,248
Enterprise Value
$2,525,072,640
Total Cash
$139,448,000
Total Debt
$2,109,981,056
Shares Out
33,780,862
Trailing EPS
$-8.91
Book Value
$-3.42
ROE
-735.7%
ROA
3.1%
Div Yield
—
Annual Trend (SEC EDGAR, last 4y)
Revenues vs Net Income (last 4y)
| FY end | Revenues | Op income | Net income | Assets | Liabilities | Equity | Op cash flow |
|---|---|---|---|---|---|---|---|
| Dec 2025 | 2,495,118,000 | 36,424,000 | -107,796,000 | 2,718,944,000 | 2,557,280,000 | 113,344,000 | 44,384,000 |
| Dec 2024 | 2,474,262,000 | -34,539,000 | -816,969,000 | 2,802,641,000 | 2,516,773,000 | 201,728,000 | -75,402,000 |
| Dec 2023 | 1,370,735,000 | 88,210,000 | 167,351,000 | 2,979,533,000 | 2,215,272,000 | 764,261,000 | 181,388,000 |
| Dec 2022 | 1,679,634,000 | 247,591,000 | 193,191,000 | 1,208,076,000 | 500,832,000 | 707,244,000 | 259,090,000 |
TTM Snapshot
Revenues TTM
$1,275,344,000
NetIncome TTM
$79,499,000
OpCashFlow TTM
$0
Assets (Latest)
$1,047,393,000
Forward EPS
$0.43
Max Pain — expiry 2027-01-15
max pain strike: $17.50 · spot: $14.86 · call oi: 3,097 · put oi: 477
Expected Move to 2027-01-15:
±$5.22
(35.16%) —
implied range
$9.63 –
$20.08
· ATM straddle on $15.00 strike
Peers — same industry
| Ticker | Name | Market Cap | Last | Daily % |
|---|---|---|---|---|
| VRRM | VERRA MOBILITY Corp | $492.42M | $3.24 | — |
| SPCE | Virgin Galactic Holdings, Inc | $483.59M | $3.19 | — |
| GMRS | GMR Solutions Inc. | $597.48M | $11.06 | — |
| RLGT | RADIANT LOGISTICS, INC | $401.82M | $8.58 | — |
| HUBG | Hub Group, Inc. | $1.84B | $30.34 | — |
News headlines (Yahoo Finance, 1h cache)
Forward Air’s (FWRD) Record Revenue Comes With a Massive Asterisk
2026-09-11 06:08 · Yahoo
Forward Air (FWRD) Stock Fair Value Rises After Analysts Back Updated Customer Contract
2026-08-22 13:08 · Yahoo
Forward Air Corp (FWRD) (Q2 2026) Earnings Call Highlights: Record Revenue and Strategic Wins ...
2026-08-06 05:06 · Yahoo
Forward Air Q2 Earnings Call Highlights
2026-08-06 02:04 · Yahoo
Forward Air takes step in right direction in Q2
2026-08-05 22:34 · Yahoo
Forward Air sells 2 business units, posts $201M operating loss
2026-08-05 18:59 · Yahoo
Forward Air deal retains at least half of $250M major client account
2026-07-22 10:41 · Yahoo
Forward Air (FWRD) Surges 22.8%: Is This an Indication of Further Gains?
2026-07-22 08:14 · Yahoo
Forward Air secures deal to keep at least 50% of $250M account
2026-07-21 13:51 · Yahoo
Forward Air Corporation Provides Customer Update
2026-07-21 11:30 · Yahoo
Recent Insider Activity
No insider activity indexed for this ticker.