Growth Metrics

Forward Air (FWRD) Gross Margin (2016 - 2025)

Historic Gross Margin for Forward Air (FWRD) over the last 17 years, with Q3 2025 value amounting to 90.37%.

  • Forward Air's Gross Margin fell 11500.0% to 90.37% in Q3 2025 from the same period last year, while for Sep 2025 it was 92.3%, marking a year-over-year decrease of 26900.0%. This contributed to the annual value of 99.4% for FY2023, which is 111100.0% up from last year.
  • As of Q3 2025, Forward Air's Gross Margin stood at 90.37%, which was down 11500.0% from 92.99% recorded in Q2 2025.
  • In the past 5 years, Forward Air's Gross Margin registered a high of 136.94% during Q4 2023, and its lowest value of 79.15% during Q1 2024.
  • In the last 5 years, Forward Air's Gross Margin had a median value of 89.79% in 2021 and averaged 91.72%.
  • In the last 5 years, Forward Air's Gross Margin skyrocketed by 444100bps in 2023 and then crashed by -87400bps in 2024.
  • Forward Air's Gross Margin (Quarter) stood at 93.2% in 2021, then dropped by -1bps to 92.53% in 2022, then surged by 48bps to 136.94% in 2023, then tumbled by -33bps to 91.53% in 2024, then dropped by -1bps to 90.37% in 2025.
  • Its Gross Margin stands at 90.37% for Q3 2025, versus 92.99% for Q2 2025 and 90.94% for Q1 2025.