Growth Metrics

Forward Air (FWRD) EBIAT (2016 - 2026)

Forward Air filings provide 18 years of EBIAT readings, the most recent being -$40.2 million for Q1 2026.

  • On a quarterly basis, EBIAT rose 20.62% to -$40.2 million in Q1 2026 year-over-year; TTM through Mar 2026 was -$146.6 million, a 86.58% increase, with the full-year FY2025 number at -$141.7 million, up 87.4% from a year prior.
  • EBIAT hit -$40.2 million in Q1 2026 for Forward Air, up from -$62.3 million in the prior quarter.
  • In the past five years, EBIAT ranged from a high of $51.4 million in Q2 2022 to a low of -$971.3 million in Q2 2024.
  • Median EBIAT over the past 5 years was -$20.4 million (2025), compared with a mean of -$64.6 million.
  • Biggest five-year swings in EBIAT: soared 281.77% in 2022 and later plummeted 5771.44% in 2024.
  • Forward Air's EBIAT stood at $39.0 million in 2022, then tumbled by 137.74% to -$14.7 million in 2023, then plummeted by 147.37% to -$36.4 million in 2024, then crashed by 70.96% to -$62.3 million in 2025, then skyrocketed by 35.43% to -$40.2 million in 2026.
  • The last three reported values for EBIAT were -$40.2 million (Q1 2026), -$62.3 million (Q4 2025), and -$23.8 million (Q3 2025) per Business Quant data.