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Consolidated Net IncomeCost of RevenueDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRevenueShares OutstandingShares Outstanding (Weighted Average)Tax ProvisionsTax RateWages, Salaries and Other
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Forward Air (FWRD) Cost of Revenue (2016 - 2025)

Forward Air (FWRD) has disclosed Cost of Revenue for 17 consecutive years, with $4.2 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 102.57% year-over-year to $4.2 million, compared with a TTM value of $20.1 million through Dec 2025, down 6.23%, and an annual FY2025 reading of $20.1 million, down 6.23% over the prior year.
  • Cost of Revenue was $4.2 million for Q4 2025 at Forward Air, up from -$83.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $175.6 million in Q4 2022 and bottomed at -$162.0 million in Q4 2024.
  • Average Cost of Revenue over 5 years is $32.0 million, with a median of $40.1 million recorded in 2021.
  • The sharpest move saw Cost of Revenue soared 1479.08% in 2021, then tumbled 1809.25% in 2025.
  • Year by year, Cost of Revenue stood at $115.3 million in 2021, then surged by 52.33% to $175.6 million in 2022, then crashed by 66.64% to $58.6 million in 2023, then tumbled by 376.51% to -$162.0 million in 2024, then soared by 102.57% to $4.2 million in 2025.
  • Business Quant data shows Cost of Revenue for FWRD at $4.2 million in Q4 2025, -$83.0 million in Q3 2025, and $93.3 million in Q2 2025.