Forward Air (FWRD) Net Income towards Common Stockholders (2009 - 2026)
Forward Air's Net Income towards Common Stockholders was -$207.3 million in Q2 2026, compared with -$12.58 million a year earlier.
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Analysis
Forward Air (FWRD) Net Income towards Common Stockholders (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Forward Air's Net Income towards Common Stockholders was -$286.2 million through Jun 30, 2026; for FY2025, it was -$107.8 million.
- In earlier years, Net Income towards Common Stockholders was -$816.97 million in FY2024, $167.35 million in FY2023 (-13.4%), $193.19 million in FY2022 (+82.5%) and $105.86 million in FY2021 (+346.0%).
- The Q2 2026 figure marks the lowest quarterly Net Income towards Common Stockholders since Q2 2024.
- The best year-over-year quarter for Net Income towards Common Stockholders over five years was Q1 2022 (growth of 281.8%); the worst was Q3 2023 (a decline of 82.2%).
- Per Business Quant data, FWRD's Net Income towards Common Stockholders in the three quarters before Q2 2026 was -$34.32 million (Q1 2026), -$28.33 million (Q4 2025) and -$16.25 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 1.99 Bn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 1.00 Bn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 740.28 Mn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 734.00 Mn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 604.00 Mn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 1.60 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 1.60 Bn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 350.60 Mn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 805.00 Mn |
| 10 | Forward Air | 536.74 Mn | 2.68 Mn | - | -207.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -207.30 Mn |
| Mar 31, 2026 | -34.32 Mn |
| Dec 31, 2025 | -28.33 Mn |
| Sep 30, 2025 | -16.25 Mn |
| Jun 30, 2025 | -12.58 Mn |
| Mar 31, 2025 | -50.64 Mn |
| Dec 31, 2024 | -36.42 Mn |
| Sep 30, 2024 | -73.41 Mn |
| Jun 30, 2024 | -645.43 Mn |
| Mar 31, 2024 | -61.71 Mn |
| Dec 31, 2023 | 101.74 Mn |
| Sep 30, 2023 | 9.29 Mn |
| Jun 30, 2023 | 19.95 Mn |
| Mar 31, 2023 | 36.37 Mn |
| Dec 31, 2022 | 42.94 Mn |
| Sep 30, 2022 | 52.13 Mn |
| Jun 30, 2022 | 55.43 Mn |
| Mar 31, 2022 | 42.69 Mn |
| Dec 31, 2021 | 40.47 Mn |
| Sep 30, 2021 | 23.54 Mn |
API Access
Forward Air Net Income towards Common Stockholders API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income-towards-common-stockholders&ticker=FWRD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income-towards-common-stockholders", "ticker": "FWRD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income-towards-common-stockholders&ticker=FWRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();