Growth Metrics

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

Forward Air's Gross Profit history spans 17 years, with the latest figure at $627.1 million for Q4 2025.

  • For Q4 2025, Gross Profit fell 25.84% year-over-year to $627.1 million; the TTM value through Dec 2025 reached $2.5 billion, down 7.34%, while the annual FY2025 figure was $2.5 billion, 0.9% up from the prior year.
  • Gross Profit reached $627.1 million in Q4 2025 per FWRD's latest filing, roughly flat from $626.7 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $845.6 million in Q4 2024 to a low of $163.4 million in Q4 2023.
  • Average Gross Profit over 5 years is $449.8 million, with a median of $400.8 million recorded in 2021.
  • Peak YoY movement for Gross Profit: crashed 32.39% in 2023, then surged 417.63% in 2024.
  • A 5-year view of Gross Profit shows it stood at $172.2 million in 2021, then soared by 32.08% to $227.4 million in 2022, then fell by 28.16% to $163.4 million in 2023, then soared by 417.63% to $845.6 million in 2024, then dropped by 25.84% to $627.1 million in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Gross Profit are $627.1 million (Q4 2025), $626.7 million (Q3 2025), and $613.6 million (Q2 2025).