Income Statement - FORWARD AIR CORP (FWRD)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,495.12 | 2,474.26 | 1,370.74 | 1,679.63 | 1,387.23 | 1,269.57 | 1,215.19 | 1,320.89 | 1,100.82 | 982.53 | 959.13 | 780.96 | 652.48 | 584.45 | 536.40 | 483.94 | 417.41 | 474.44 | 392.74 | 352.76 |
| Cost of revenue | 1,984.18 | 2,134.61 | 1,040.58 | 1,187.97 | 1,073.27 | 1,040.46 | 961.39 | 1,054.85 | 864.30 | 767.29 | 768.71 | 601.96 | 504.82 | 446.77 | 268.96 | 175.16 | 144.73 | 180.99 | 222.06 | 193.98 |
| Gross profit | 510.94 | 339.65 | 330.15 | 491.67 | 313.95 | 229.11 | 253.80 | 266.04 | 236.51 | 215.24 | 190.42 | 179.00 | 147.66 | 137.67 | 267.44 | 308.78 | 272.68 | 293.45 | 170.68 | 158.78 |
| Total operating expenses | 474.51 | 1,402.59 | 241.94 | 244.07 | 166.93 | 155.19 | 141.39 | 144.01 | 127.84 | 112.82 | 108.65 | 82.60 | 63.31 | 54.14 | 190.33 | 185.69 | 172.71 | 206.97 | 329.37 | 283.33 |
| Operating income | 36.42 | -1,062.94 | 88.21 | 247.59 | 147.03 | 73.92 | 112.42 | 122.03 | 108.67 | 59.98 | 81.77 | 96.41 | 84.36 | 83.53 | 77.11 | 53.74 | 18.79 | 70.29 | 71.05 | 75.40 |
| Non-operating income (net) | -183.62 | -186.90 | -31.57 | -5.14 | -4.34 | -4.56 | -2.71 | -1.79 | -1.22 | -1.59 | -2.11 | -0.32 | -0.43 | -0.38 | -0.55 | -0.64 | -0.60 | -0.87 | 1.27 | 3.15 |
| Income before tax | -147.20 | -1,249.83 | 56.64 | 242.45 | 142.69 | 69.36 | 109.70 | 120.25 | 107.45 | 58.39 | 79.67 | 96.09 | 83.92 | 83.16 | 76.57 | 53.10 | 18.19 | 69.41 | 72.31 | 78.54 |
| Income tax expense | -5.47 | -124.99 | 13.84 | 63.04 | 35.81 | 16.59 | 27.38 | 28.20 | 20.13 | 30.72 | 24.09 | 34.92 | 29.46 | 30.49 | 29.37 | 21.06 | 8.24 | 26.87 | 27.39 | 29.62 |
| Net income | -107.80 | -816.97 | 167.35 | 193.19 | 105.86 | 23.73 | 87.10 | 92.05 | 87.32 | 27.67 | 55.58 | 61.17 | 54.47 | 52.67 | 47.20 | 32.04 | 9.95 | 42.54 | 44.93 | 48.92 |
Show Quarterly Income Statement
Income Statement - FORWARD AIR CORP (FWRD)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 582.05 | 631.23 | 631.76 | 618.84 | 613.28 | 632.85 | 655.94 | 643.67 | 541.81 | 128.04 | 340.98 | 333.62 | 357.71 | 481.20 | 510.02 | 515.22 | 466.96 | 459.93 | 419.63 | 420.67 | 362.20 | 350.34 | 332.00 | 281.68 | 305.56 | 381.50 | 361.66 | 345.76 | 321.47 | 356.56 | 331.38 | 330.34 | 302.61 | 306.12 | 280.20 | 267.52 | 246.98 | 264.79 | 249.55 | 238.64 | 229.55 | 256.42 | 247.09 | 249.69 | 205.92 | 214.06 | 201.48 | 193.85 | 171.57 | 181.09 | 170.03 | 159.80 | 141.56 | 155.53 | 143.51 | 148.33 | 137.08 | 148.26 | 135.75 | 132.19 | 120.20 | 133.31 | 121.52 | 122.13 | 106.98 | 118.02 | 103.08 | 99.70 | 96.62 | 123.45 | 121.48 | 121.56 | 107.94 | 114.49 | 97.75 | 93.15 | 87.35 | 93.21 | 90.44 | 86.78 | 82.33 |
| Cost of revenue | 561.61 | 535.36 | 616.76 | 503.57 | 537.98 | 541.01 | 545.54 | 566.34 | 481.72 | 91.87 | 263.67 | 257.27 | 253.95 | 342.70 | 364.09 | 369.22 | 350.58 | 347.50 | 324.29 | 333.70 | 291.61 | 284.72 | 269.20 | 235.16 | 251.39 | 306.17 | 288.02 | 272.34 | 255.98 | 283.56 | 266.08 | 261.76 | 243.46 | 241.77 | 219.44 | 208.70 | 194.40 | 208.18 | 194.23 | 183.23 | 181.65 | 201.90 | 193.76 | 201.35 | 171.70 | 165.35 | 153.16 | 148.31 | 135.14 | 140.38 | 131.46 | 122.80 | 110.19 | 117.79 | 75.41 | 76.72 | 71.64 | 74.76 | 67.29 | 65.32 | 61.59 | 117.46 | 45.07 | 44.38 | 37.60 | 41.36 | 36.69 | 34.57 | 32.11 | 41.85 | 47.07 | 43.72 | 36.41 | 63.61 | 55.96 | 52.38 | 50.12 | 52.98 | 50.19 | 46.63 | 44.18 |
| Gross profit | 20.44 | 95.87 | 15.01 | 115.27 | 75.30 | 91.84 | 110.39 | 77.32 | 60.10 | 36.17 | 77.31 | 76.35 | 103.76 | 138.50 | 145.94 | 146.00 | 116.38 | 112.43 | 95.33 | 86.97 | 70.59 | 65.62 | 62.80 | 46.52 | 54.17 | 75.34 | 73.64 | 73.42 | 65.49 | 73.00 | 65.30 | 68.59 | 59.15 | 64.34 | 60.76 | 58.82 | 52.59 | 56.61 | 55.32 | 55.41 | 47.90 | 54.52 | 53.34 | 48.34 | 34.22 | 48.72 | 48.32 | 45.54 | 36.43 | 40.71 | 38.58 | 37.01 | 31.37 | 37.74 | 68.10 | 71.61 | 65.44 | 73.50 | 68.46 | 66.87 | 58.61 | 15.85 | 76.45 | 77.76 | 69.38 | 76.66 | 66.39 | 65.13 | 64.51 | 81.60 | 74.42 | 77.84 | 71.52 | 50.89 | 41.79 | 40.77 | 37.23 | 40.23 | 40.26 | 40.15 | 38.15 |
| Total operating expenses | 561.61 | 98.74 | 616.76 | 95.75 | 70.54 | 95.05 | 72.95 | 1,173.08 | 125.83 | 44.17 | 61.81 | 50.02 | 56.56 | 77.09 | 74.27 | 70.46 | 59.03 | 60.46 | 52.86 | 44.85 | 47.87 | 44.90 | 39.29 | 32.60 | 38.40 | 42.49 | 42.96 | 42.87 | 40.75 | 37.95 | 35.42 | 35.72 | 34.92 | 35.57 | 33.86 | 29.01 | 29.40 | 28.39 | 30.62 | 27.32 | 26.49 | 25.51 | 28.74 | 28.43 | 25.97 | 23.08 | 21.42 | 17.94 | 20.16 | 17.51 | 15.72 | 14.50 | 15.58 | 13.71 | 48.48 | 48.53 | 48.65 | 49.87 | 48.14 | 46.99 | 45.32 | 47.91 | 44.84 | 47.54 | 45.40 | 45.45 | 42.36 | 42.17 | 42.97 | 47.77 | 51.46 | 42.58 | 40.65 | 96.93 | 82.49 | 76.73 | 73.22 | 75.54 | 72.21 | 68.72 | 66.86 |
| Operating income | 20.44 | -2.87 | 15.01 | 19.52 | 4.76 | -3.21 | 37.45 | -1,095.76 | -65.73 | -8.00 | 15.49 | 26.33 | 47.20 | 61.42 | 71.67 | 75.55 | 57.35 | 51.98 | 42.48 | 42.12 | 22.72 | 20.73 | 23.51 | 13.91 | 15.77 | 32.85 | 30.69 | 30.55 | 24.73 | 35.05 | 29.88 | 32.87 | 24.24 | 28.78 | 26.90 | 29.81 | 23.19 | 28.22 | 24.70 | -14.35 | 21.41 | 29.02 | 24.60 | 19.91 | 8.25 | 25.64 | 26.91 | 27.60 | 16.27 | 23.20 | 22.86 | 22.51 | 15.79 | 24.03 | 19.63 | 23.08 | 16.79 | 23.63 | 20.32 | 19.88 | 13.29 | 18.68 | 15.51 | 13.50 | 6.06 | 12.03 | 6.67 | 4.87 | -5.03 | 14.05 | 19.33 | 20.26 | 16.65 | 19.99 | 16.90 | 18.31 | 15.84 | 18.89 | 19.79 | 19.77 | 16.96 |
| Non-operating income (net) | -58.85 | -42.24 | -38.38 | -56.64 | -46.37 | 34.83 | -70.34 | -45.66 | -41.41 | -23.98 | -6.46 | -2.59 | -2.36 | -1.62 | -1.54 | -1.19 | -0.78 | -0.88 | -0.97 | -1.32 | -1.17 | -1.21 | -1.30 | -1.20 | -0.85 | -0.80 | -0.76 | -0.58 | -0.58 | -0.46 | -0.47 | -0.48 | -0.37 | -0.40 | -0.29 | -0.22 | -0.31 | -0.21 | -0.22 | -0.58 | -0.58 | -0.49 | -0.54 | -0.66 | -0.41 | -0.11 | -0.23 | 0.01 | 0.00 | -0.10 | -0.12 | -0.11 | -0.10 | -0.13 | -0.13 | -0.08 | -0.03 | -0.13 | -0.12 | -0.11 | -0.18 | -0.12 | -0.17 | -0.20 | -0.16 | -0.18 | -0.13 | -0.13 | -0.16 | -0.36 | -0.10 | -0.27 | -0.15 | -0.12 | 0.25 | 0.43 | 0.71 | 0.89 | 0.78 | 0.87 | 0.61 |
| Income before tax | -38.41 | -45.11 | -23.37 | -37.11 | -41.60 | 31.62 | -32.90 | -1,141.41 | -107.14 | -31.98 | 9.03 | 23.74 | 44.84 | 59.80 | 70.12 | 74.35 | 56.57 | 51.10 | 41.50 | 40.80 | 21.56 | 19.52 | 22.21 | 12.72 | 14.92 | 32.06 | 29.93 | 29.97 | 24.16 | 34.59 | 29.41 | 32.39 | 23.86 | 28.37 | 26.61 | 29.59 | 22.88 | 28.01 | 24.48 | -14.93 | 20.82 | 28.53 | 24.06 | 19.25 | 7.84 | 25.53 | 26.68 | 27.61 | 16.28 | 23.10 | 22.74 | 22.39 | 15.69 | 23.90 | 19.49 | 23.00 | 16.76 | 23.49 | 20.20 | 19.77 | 13.11 | 18.56 | 15.34 | 13.30 | 5.90 | 11.85 | 6.55 | 4.74 | -5.19 | 13.69 | 19.23 | 19.99 | 16.50 | 19.87 | 17.15 | 18.74 | 16.55 | 19.78 | 20.56 | 20.64 | 17.57 |
| Income tax expense | 1.79 | -8.70 | 0.39 | -16.75 | 19.59 | 67.00 | 1.30 | -174.94 | -18.35 | -9.18 | 2.54 | 6.61 | 10.94 | 16.86 | 17.99 | 18.92 | 13.88 | 12.90 | 11.00 | 10.12 | 4.85 | 4.38 | 5.21 | 3.49 | 3.50 | 7.89 | 7.73 | 7.64 | 5.75 | 6.91 | 7.08 | 8.09 | 6.12 | -7.00 | 8.45 | 10.04 | 8.64 | 15.30 | 12.55 | -4.86 | 7.72 | 5.30 | 8.37 | 7.43 | 3.00 | 8.48 | 9.94 | 10.43 | 6.07 | 7.51 | 8.54 | 8.56 | 4.84 | 7.94 | 7.23 | 8.84 | 6.48 | 9.05 | 7.29 | 7.80 | 5.24 | 6.74 | 6.45 | 5.39 | 2.48 | 5.57 | 2.77 | 1.90 | -2.09 | 5.35 | 7.14 | 7.89 | 6.50 | 7.46 | 6.40 | 7.27 | 6.26 | 7.61 | 7.84 | 7.62 | 6.56 |
| Net income | -34.32 | -28.33 | -16.25 | -12.58 | -50.64 | -36.42 | -73.41 | -645.43 | -61.71 | 101.74 | 9.29 | 19.95 | 36.37 | 42.94 | 52.13 | 55.43 | 42.69 | 40.47 | 23.54 | 30.68 | 11.18 | -4.44 | 16.65 | 3.15 | 8.38 | 24.17 | 22.20 | 22.33 | 18.41 | 27.68 | 22.33 | 24.30 | 17.74 | 35.37 | 18.16 | 19.55 | 14.24 | 12.71 | 11.93 | -10.07 | 13.10 | 23.23 | 15.69 | 11.82 | 4.84 | 17.05 | 16.74 | 17.18 | 10.20 | 15.59 | 14.20 | 13.83 | 10.86 | 15.96 | 12.27 | 14.17 | 10.27 | 14.45 | 12.91 | 11.97 | 7.87 | 11.82 | 8.89 | 7.91 | 3.42 | 6.28 | 3.78 | 2.84 | -3.10 | 8.34 | 12.10 | 12.10 | 10.01 | 12.40 | 10.75 | 11.48 | 10.29 | 12.17 | 12.73 | 13.02 | 11.01 |