Growth Metrics

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

Forward Air (FWRD) has disclosed Accumulated Expenses for 17 consecutive years, with $114.4 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Accumulated Expenses fell 4.52% year-over-year to $114.4 million, compared with a TTM value of $114.4 million through Dec 2025, down 4.52%, and an annual FY2025 reading of $114.4 million, down 4.52% over the prior year.
  • Accumulated Expenses was $114.4 million for Q4 2025 at Forward Air, down from $146.8 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $146.8 million in Q3 2025 and bottomed at $52.8 million in Q1 2023.
  • Average Accumulated Expenses over 5 years is $88.1 million, with a median of $69.4 million recorded in 2021.
  • The sharpest move saw Accumulated Expenses dropped 20.55% in 2023, then soared 139.76% in 2024.
  • Year by year, Accumulated Expenses stood at $61.6 million in 2021, then decreased by 11.9% to $54.3 million in 2022, then rose by 15.95% 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.
  • Business Quant data shows Accumulated Expenses for FWRD at $114.4 million in Q4 2025, $146.8 million in Q3 2025, and $115.6 million in Q2 2025.