Forward Air (FWRD) Net Income (2009 - 2026)

Forward Air has reported Net Income for 18 years, with the latest figure at -$40.2 million in Q1 2026.

• For the quarter ending Q1 2026, Net Income rose 34.31% year-over-year to -$40.2 million; the trailing twelve-month figure through Mar 2026 stood at -$40.2 million (up 40.52% YoY), and the FY2024 full-year result was -$6.4 million, down 105.13% from the prior year.
• Net Income for Q1 2026 stood at -$40.2 million, up from -$61.2 million in the prior quarter.
• The five-year high for Net Income was $116.5 million in Q4 2023, with the low at -$61.2 million in Q1 2025.
• Historically, Net Income has averaged $2.3 million across 5 years, with a median of $2.5 million in 2023.
• Annual changes were most pronounced in 2023 — Net Income jumped 2861.23% — and 2024, when it sank 272.66%.
• Forward Air's Net Income stood at $3.9 million in 2022, then jumped by 2861.23% to $116.5 million in 2023, then sank by 100.32% to -$374000.0 in 2024, then sank by 16261.23% to -$61.2 million in 2025, then soared by 34.31% to -$40.2 million in 2026.
• The last three Net Income figures came in at -$40.2 million (Q1 2026), -$61.2 million (Q1 2025), and -$374000.0 (Q4 2024), per Business Quant data.