Forward Air (FWRD) Non Operating Income (2009 - 2026)
Forward Air (FWRD) reported Non Operating Income of -$17.0 million for Q1 2026, up 63.43% on a YoY basis from -$10.4 million in Q1 2025, and down 111.74% quarter-over-quarter from $144.4 million in Q4 2025.
Forward Air (FWRD) Non Operating Income (2009 - 2026) Analysis & Trends
Forward Air has reported Non Operating Income for 18 years, with the latest figure at -$17.0 million in Q1 2026.
- For the quarter ending Q1 2026, Non Operating Income rose 63.43% year-over-year to -$17.0 million; the trailing twelve-month figure through Mar 2026 stood at $127.7 million (up 204.31% YoY), and the FY2025 full-year result was $3.0 million, up 146.17% from the prior year.
- Non Operating Income for Q1 2026 stood at -$17.0 million, down from $144.4 million in the prior quarter.
- The five-year high for Non Operating Income was $144.4 million in Q4 2025, with the low at -$55.6 million in Q3 2024.
- Historically, Non Operating Income has averaged $6.3 million across 5 years, with a median of -$1.5 million in 2022.
- Annual changes were most pronounced in 2024 — Non Operating Income soared 555.76% — and 2025, when it sank 16740.0%.
- Forward Air's Non Operating Income stood at $3.5 million in 2022, then sank by 996.65% to -$31.6 million in 2023, then soared by 555.76% to $143.9 million in 2024, then advanced by 0.35% to $144.4 million in 2025, then tumbled by 111.74% to -$17.0 million in 2026.
- The last three Non Operating Income figures came in at -$17.0 million (Q1 2026), $144.4 million (Q4 2025), and $6.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | -143.00 Mn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | -6.00 Mn |
| 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 | - |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 2.27 Mn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | - |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 10.00 Mn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | - |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | - |
| 10 | Forward Air | 326.09 Mn | 226.34 Mn | 526.45 Mn | -16.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.96 Mn |
| Dec 31, 2025 | 144.40 Mn |
| Sep 30, 2025 | 6.94 Mn |
| Jun 30, 2025 | -6.66 Mn |
| Mar 31, 2025 | -46.37 Mn |
| Dec 31, 2024 | 143.89 Mn |
| Sep 30, 2024 | -55.59 Mn |
| Jun 30, 2024 | 40,000.00 |
| Mar 31, 2024 | -41.41 Mn |
| Dec 31, 2023 | -31.57 Mn |
| Sep 30, 2023 | -2.66 Mn |
| Dec 31, 2022 | 3.52 Mn |
| Sep 30, 2022 | -1.54 Mn |
| Jun 30, 2022 | -1.19 Mn |
| Mar 31, 2022 | -784,000.00 |
| Dec 31, 2021 | -877,000.00 |
| Sep 30, 2021 | -973,000.00 |
| Jun 30, 2021 | -1.32 Mn |
| Mar 31, 2021 | -1.17 Mn |
| Dec 31, 2020 | -1.21 Mn |