Growth Metrics

Forward Air (FWRD) Accumulated Expenses (2016 - 2025)

Forward Air's Accumulated Expenses history spans 17 years, with the latest figure at $114.4 million for Q4 2025.

  • For Q4 2025, Accumulated Expenses fell 4.52% year-over-year to $114.4 million; the TTM value through Dec 2025 reached $114.4 million, down 4.52%, while the annual FY2025 figure was $114.4 million, 4.52% down from the prior year.
  • Accumulated Expenses reached $114.4 million in Q4 2025 per FWRD's latest filing, down from $146.8 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $146.8 million in Q3 2025 to a low of $49.9 million in Q4 2022.
  • Average Accumulated Expenses over 5 years is $87.9 million, with a median of $69.4 million recorded in 2021.
  • Peak YoY movement for Accumulated Expenses: dropped 20.55% in 2023, then soared 139.76% in 2024.
  • A 5-year view of Accumulated Expenses shows it stood at $61.6 million in 2021, then decreased by 18.99% to $49.9 million in 2022, then rose by 26.1% to $62.9 million in 2023, then skyrocketed by 90.37% to $119.8 million in 2024, then dropped by 4.52% to $114.4 million in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Accumulated Expenses are $114.4 million (Q4 2025), $146.8 million (Q3 2025), and $115.6 million (Q2 2025).