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| Date | Value |
|---|---|
| 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 |