Forward Air FWRD
NASDAQ FWRD
$18.11 +0.32 (+1.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

Forward Air (FWRD) Gross Profit (2009 - 2026)

Forward Air's (FWRD) quarterly Gross Profit came in at $526.5 million in Q1 2026, down 5.61% YoY from $557.7 million in Q1 2025, and down 3.97% on a QoQ basis from $548.2 million in Q4 2025.

Forward Air (FWRD) Gross Profit (2009 - 2026) Analysis & Trends

Forward Air (FWRD) has 18 years of Gross Profit data on file, last reported at $526.5 million in Q1 2026.

  • Quarterly Gross Profit fell 5.61% year-over-year to $526.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.2 billion (down 3.17% YoY) and the FY2025 annual result came in at $2.3 billion, up 4.05% from the prior year.
  • Gross Profit eased to $526.5 million in Q1 2026, from $548.2 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $600.4 million in Q3 2024 to a low of $279.8 million in Q4 2023.
  • A 5-year average of $447.4 million and a median of $428.9 million in 2024 frame the typical range for Gross Profit.
  • Annual changes were most pronounced in 2022 — Gross Profit soared 116.62% — and 2023, when it slipped 24.97%.
  • Tracing FWRD's Gross Profit over 5 years: stood at $372.9 million in 2022, then fell by 24.97% to $279.8 million in 2023, then jumped by 99.23% to $557.5 million in 2024, then retreated by 1.67% to $548.2 million in 2025, then slipped by 3.97% to $526.5 million in 2026.
  • The last three Gross Profit figures came in at $526.5 million (Q1 2026), $548.2 million (Q4 2025), and $571.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 United Parcel Service 86.89 Bn 82.23 Bn 19.65 Bn
2 Fedex 77.23 Bn 63.91 Bn 18.84 Bn
3 Hunt J B Transport Services 25.91 Bn 25.90 Bn -
4 Expeditors International Of Washington 24.62 Bn 23.58 Bn 1.09 Bn
5 ZTO Express (Cayman) 17.03 Bn 12.62 Bn 469.01 Mn
6 C. H. Robinson Worldwide 16.77 Bn 16.62 Bn 1.11 Bn
7 Landstar System 6.33 Bn 5.98 Bn 308.86 Mn
8 GXO Logistics 5.25 Bn 4.48 Bn 508.00 Mn
9 Pitney Bowes 2.24 Bn 1.96 Bn 296.14 Mn
10 Forward Air 588.72 Mn 449.27 Mn 617.46 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 617.46 Mn
Jun 30, 2026 617.46 Mn
Mar 31, 2026 526.45 Mn
Mar 31, 2026 526.45 Mn
Dec 31, 2025 548.20 Mn
Dec 31, 2025 548.20 Mn
Sep 30, 2025 570.95 Mn
Sep 30, 2025 570.95 Mn
Jun 30, 2025 575.44 Mn
Jun 30, 2025 575.44 Mn
Mar 31, 2025 557.75 Mn
Mar 31, 2025 557.75 Mn
Dec 31, 2024 557.51 Mn
Dec 31, 2024 557.51 Mn
Sep 30, 2024 600.37 Mn
Sep 30, 2024 600.37 Mn
Jun 30, 2024 578.00 Mn
Jun 30, 2024 578.00 Mn
Mar 31, 2024 428.87 Mn
Mar 31, 2024 428.87 Mn