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Forward Air (FWRD) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Forward Air (FWRD) over the last 17 years, with Q3 2025 value amounting to $60.8 million.

  • Forward Air's Cost of Revenue rose 944.32% to $60.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $215.3 million, marking a year-over-year increase of 9724.9%. This contributed to the annual value of $8.2 million for FY2023, which is 9582.9% down from last year.
  • Latest data reveals that Forward Air reported Cost of Revenue of $60.8 million as of Q3 2025, which was up 944.32% from $43.4 million recorded in Q2 2025.
  • In the past 5 years, Forward Air's Cost of Revenue ranged from a high of $112.9 million in Q1 2024 and a low of -$125.0 million during Q4 2023
  • In the last 5 years, Forward Air's Cost of Revenue had a median value of $45.2 million in 2022 and averaged $40.3 million.
  • In the last 5 years, Forward Air's Cost of Revenue plummeted by 51541.12% in 2023 and then soared by 16081.14% in 2024.
  • Quarter analysis of 5 years shows Forward Air's Cost of Revenue stood at $12.6 million in 2021, then soared by 139.48% to $30.1 million in 2022, then tumbled by 515.41% to -$125.0 million in 2023, then skyrocketed by 144.44% to $55.6 million in 2024, then grew by 9.44% to $60.8 million in 2025.
  • Its Cost of Revenue stands at $60.8 million for Q3 2025, versus $43.4 million for Q2 2025 and $55.5 million for Q1 2025.