Forward Air (FWRD) Change in Accured Expenses (2009 - 2026)

Forward Air (FWRD) reported Change in Accured Expenses of $30.6 million for Q1 2026, down 54.73% on a YoY basis from $67.6 million in Q1 2025, and up 132.34% quarter-over-quarter from -$94.7 million in Q4 2025.

Forward Air (FWRD) Change in Accured Expenses (2009 - 2026) Analysis & Trends

Forward Air has reported Change in Accured Expenses for 18 years, with the latest figure at $30.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Accured Expenses fell 54.73% year-over-year to $30.6 million; the trailing twelve-month figure through Mar 2026 stood at -$83.3 million (down 226.65% YoY), and the FY2025 full-year result was -$46.3 million, down 390.66% from the prior year.
  • Change in Accured Expenses for Q1 2026 stood at $30.6 million, up from -$94.7 million in the prior quarter.
  • The five-year high for Change in Accured Expenses was $67.6 million in Q1 2025, with the low at -$94.7 million in Q4 2025.
  • Historically, Change in Accured Expenses has averaged -$1.4 million across 5 years, with a median of $10.6 million in 2024.
  • Annual changes were most pronounced in 2022 — Change in Accured Expenses slumped 698.95% — and 2024, when it soared 29433.33%.
  • Forward Air's Change in Accured Expenses stood at -$9.0 million in 2022, then tumbled by 378.57% to -$43.1 million in 2023, then gained by 2.32% to -$42.1 million in 2024, then tumbled by 124.9% to -$94.7 million in 2025, then soared by 132.34% to $30.6 million in 2026.
  • The last three Change in Accured Expenses figures came in at $30.6 million (Q1 2026), -$94.7 million (Q4 2025), and $38.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 29.00 Mn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn -1.42 Bn
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn -23.63 Mn
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 4.57 Mn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn -6.13 Mn
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 10.28 Mn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn -31.00 Mn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn -
10 Forward Air 326.09 Mn 226.34 Mn 526.45 Mn 30.63 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 30.63 Mn
Mar 31, 2026 30.63 Mn
Dec 31, 2025 -94.70 Mn
Dec 31, 2025 -94.70 Mn
Sep 30, 2025 38.79 Mn
Sep 30, 2025 38.79 Mn
Jun 30, 2025 -58.00 Mn
Jun 30, 2025 -58.00 Mn
Mar 31, 2025 67.65 Mn
Mar 31, 2025 67.65 Mn
Dec 31, 2024 -42.11 Mn
Dec 31, 2024 -42.11 Mn
Sep 30, 2024 29.66 Mn
Sep 30, 2024 29.66 Mn
Jun 30, 2024 10.56 Mn
Jun 30, 2024 10.56 Mn
Mar 31, 2024 17.80 Mn
Mar 31, 2024 17.80 Mn
Dec 31, 2023 -43.11 Mn
Dec 31, 2023 -43.11 Mn