Forward Air (FWRD) Intangibles (2009 - 2026)

Forward Air (FWRD) reported Intangibles of $884.0 million for Q1 2026, down 9.44% on a YoY basis from $976.1 million in Q1 2025, and down 2.51% quarter-over-quarter from $906.8 million in Q4 2025.

Forward Air (FWRD) Intangibles (2009 - 2026) Analysis & Trends

Forward Air has reported Intangibles for 18 years, with the latest figure at $884.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Intangibles fell 9.44% year-over-year to $884.0 million; the trailing twelve-month figure through Mar 2026 stood at $884.0 million (down 9.44% YoY), and the FY2025 full-year result was $906.8 million, down 9.25% from the prior year.
  • Intangibles for Q1 2026 stood at $884.0 million, down from $906.8 million in the prior quarter.
  • The five-year high for Intangibles was $1.3 billion in Q1 2024, with the low at $115.6 million in Q4 2022.
  • Historically, Intangibles has averaged $608.7 million across 5 years, with a median of $884.0 million in 2026.
  • Annual changes were most pronounced in 2022 — Intangibles declined 25.29% — and 2024, when it jumped 713.86%.
  • Forward Air's Intangibles stood at $115.6 million in 2022, then advanced by 16.62% to $134.8 million in 2023, then surged by 641.32% to $999.2 million in 2024, then decreased by 9.25% to $906.8 million in 2025, then slipped by 2.51% to $884.0 million in 2026.
  • The last three Intangibles figures came in at $884.0 million (Q1 2026), $906.8 million (Q4 2025), and $929.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 3.98 Bn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn -
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn -
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 15.80 Mn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn -
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn -
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 865.00 Mn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn 996.72 Mn
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 13.85 Mn
10 Forward Air 326.09 Mn 226.34 Mn 526.45 Mn 884.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 884.02 Mn
Dec 31, 2025 906.79 Mn
Sep 30, 2025 929.89 Mn
Jun 30, 2025 952.97 Mn
Mar 31, 2025 976.12 Mn
Dec 31, 2024 999.22 Mn
Sep 30, 2024 1.03 Bn
Jun 30, 2024 1.23 Bn
Mar 31, 2024 1.26 Bn
Dec 31, 2023 134.79 Mn
Sep 30, 2023 146.71 Mn
Jun 30, 2023 151.22 Mn
Mar 31, 2023 155.73 Mn
Dec 31, 2022 115.58 Mn
Sep 30, 2022 155.16 Mn
Jun 30, 2022 160.22 Mn
Mar 31, 2022 150.64 Mn
Dec 31, 2021 154.72 Mn
Sep 30, 2021 142.20 Mn
Jun 30, 2021 145.81 Mn