FORWARD AIR CORP
About FORWARD AIR CORP
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment. The expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional, and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. The Company conducts business in North and South America, Europe, and Asia.
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Financial summary
- Revenue FY2025
- $2.5B
- Net income
- -$107.8M
- Total assets
- $2.7B
- Market cap
- $327.6M
- Operating margin
- 1.5%
- Net margin
- -5.7%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $2.5B
- Operating expenses
- $2.5B
- Operating income
- $36.4M
- Income tax
- -$5.5M
- Net income
- -$141.7M
- EPS (basic)
- $-3.51
- EPS (diluted)
- $-3.51
Balance sheet
- Total assets
- $2.7B
- Current assets
- $521.0M
- Total liabilities
- $2.6B
- Current liabilities
- $428.3M
- Shareholders’ equity
- $161.7M
Cash flow
- Operating cash flow
- $44.4M
- Investing cash flow
- -$26.9M
- Financing cash flow
- -$17.5M
- Net cash flow
- $730.0K
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $327.6M
- EPS (diluted)
- $-3.51
- Dividend yield
- 8.35%
- Shares outstanding
- 28.5M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Nov 16, 1993
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $107.8M in FY2025.
- Revenue grew 50% from FY2021 to FY2025.
- Trading 64% below its 52-week high.
- Pays a dividend yielding about 8.35% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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