FWRD
Forward Air·NASDAQ
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FWRD fundamentals
Forward Air (FWRD) released its earnings on Feb 23, 2026: revenue was 631.23M (YoY -0.26%), beat estimates; EPS was -0.91 (YoY +26.02%), missed estimates.
Revenue / YoY
631.23M
-0.26%
EPS / YoY
-0.91
+26.02%
Report date
Feb 23, 2026
FWRD Earnings Call Summary for Q4,2025
- EBITDA Growth: Full-year EBITDA of $307 million, up 12% from 2024, driven by cost rationalization and operational efficiency.
- Segment Strength: Expedited Freight margin improved 110 bps to 10.9%, Omni Logistics EBITDA doubled to $124 million, and Intermodal maintained stability.
- Leverage and Recovery Readiness: Domestic network operating leverage allows incremental shipments to drive margin gains, with $367 million in liquidity for market recovery.
- Strategic Initiatives: One Ground Network, ERP/HRIS consolidation, and global leadership expansion position the company for long-term growth.
- Customer Focus: Contract logistics (15% of revenue) and high-tech/data center exposure drive growth, with EBITDA margin improving 360 bps to 9.2%.
Earnings
EPS
Revenue
Revenue & Expenses
FWRD has released its 2025 Q4 earnings report, with revenue of 631.23M, reflecting a YoY change of -0.26%, and net profit of -36.41M, showing a YoY change of -1.85%. The Sankey diagram below clearly presents FWRD's revenue sources and cost distribution.
Key Indicators
Forward Air (FWRD) key financial stats and ratios, covering profitability, financial health, and leverage.
Income Statement
Forward Air (FWRD)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Balance Sheet
Forward Air (FWRD)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Cash Flow
Forward Air (FWRD)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Revenue Breakdown
Where does Forward Air (FWRD) generate its revenue? Explore its key revenue streams and top earning regions.
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Dividend
Track Forward Air (FWRD) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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You can ask Aime
What is Forward Air's gross profit margin?What does Forward Air do and what are its main business segments?What is the market's earnings forecast for Forward Air next quarter?What guidance did Forward Air's management provide for the next earnings period?What is Forward Air's latest dividend and current dividend yield?What factors drove the changes in Forward Air's revenue and profit?Did Forward Air beat or miss consensus estimates last quarter?What were the key takeaways from Forward Air's earnings call?
