Growth Metrics

Forward Air (FWRD) Change in Receivables (2016 - 2025)

Forward Air (FWRD) has disclosed Change in Receivables for 17 consecutive years, with $2.1 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Change in Receivables rose 104.85% year-over-year to $2.1 million, compared with a TTM value of $18.0 million through Dec 2025, up 288.61%, and an annual FY2025 reading of $18.0 million, up 288.61% over the prior year.
  • Change in Receivables was $2.1 million for Q4 2025 at Forward Air, up from -$1.1 million in the prior quarter.
  • Across five years, Change in Receivables topped out at $47.6 million in Q2 2024 and bottomed at -$44.8 million in Q3 2022.
  • Average Change in Receivables over 5 years is $1.2 million, with a median of -$310000.0 recorded in 2025.
  • Peak annual rise in Change in Receivables hit 1021.81% in 2021, while the deepest fall reached 578.03% in 2021.
  • Year by year, Change in Receivables stood at -$41.0 million in 2021, then skyrocketed by 126.07% to $10.7 million in 2022, then soared by 146.84% to $26.4 million in 2023, then crashed by 265.29% to -$43.6 million in 2024, then skyrocketed by 104.85% to $2.1 million in 2025.
  • Business Quant data shows Change in Receivables for FWRD at $2.1 million in Q4 2025, -$1.1 million in Q3 2025, and $16.5 million in Q2 2025.