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

Forward Air (FWRD) Income from Non-Controlling Interests (2024 - 2026)

Forward Air's (FWRD) quarterly Income from Non-Controlling Interests came in at -$5.9 million in Q1 2026, up 44.3% YoY from -$4.1 million in Q1 2025, and up 16.95% on a QoQ basis from -$7.1 million in Q4 2025.

Forward Air (FWRD) Income from Non-Controlling Interests (2024 - 2026) Analysis & Trends

Forward Air (FWRD) has 3 years of Income from Non-Controlling Interests data on file, last reported at -$5.9 million in Q1 2026.

  • Quarterly Income from Non-Controlling Interests rose 44.3% year-over-year to -$5.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$28.2 million (up 90.51% YoY) and the FY2025 annual result came in at -$32.9 million, up 89.52% from the prior year.
  • Income from Non-Controlling Interests grew to -$5.9 million in Q1 2026, from -$7.1 million in the prior quarter.
  • In the past five years, Income from Non-Controlling Interests ranged from a high of $38.1 million in Q3 2024 to a low of -$325.9 million in Q2 2024.
  • A 3-year average of -$39.2 million and a median of -$7.5 million in 2025 frame the typical range for Income from Non-Controlling Interests.
  • The widest YoY moves for Income from Non-Controlling Interests: up 97.61% in 2025, down 1166.11% in 2025.
  • Tracing FWRD's Income from Non-Controlling Interests over 3 years: stood at $664000.0 in 2024, then plunged by 1166.11% to -$7.1 million in 2025, then increased by 16.95% to -$5.9 million in 2026.
  • The last three Income from Non-Controlling Interests figures came in at -$5.9 million (Q1 2026), -$7.1 million (Q4 2025), and -$7.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (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 1.03 Mn
5 ZTO Express (Cayman) 17.03 Bn 12.62 Bn 469.01 Mn -5.51 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 2.00 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 -38.63 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -38.63 Mn
Mar 31, 2026 -5.88 Mn
Dec 31, 2025 -7.08 Mn
Sep 30, 2025 -7.51 Mn
Jun 30, 2025 -7.78 Mn
Mar 31, 2025 -10.55 Mn
Dec 31, 2024 664,000.00
Sep 30, 2024 38.07 Mn
Jun 30, 2024 -325.91 Mn
Mar 31, 2024 -27.08 Mn