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
DateValue
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