Forward Air (FWRD) Non Operating Income (2009 - 2026)
Forward Air's (FWRD) quarterly Non Operating Income came in at -$58.8 million in Q1 2026, down 26.92% YoY from -$80.5 million in Q1 2025, and down 39.31% on a QoQ basis from -$42.2 million in Q4 2025.
Forward Air (FWRD) Non Operating Income (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Non Operating Income data on file, last reported at -$58.8 million in Q1 2026.
- Quarterly Non Operating Income fell 26.92% year-over-year to -$58.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$196.1 million (down 2.22% YoY) and the FY2025 annual result came in at -$183.6 million, up 1.75% from the prior year.
- Non Operating Income fell to -$58.8 million in Q1 2026, from -$42.2 million in the prior quarter.
- In the past five years, Non Operating Income ranged from a high of -$784000.0 in Q1 2022 to a low of -$58.8 million in Q1 2026.
- A 5-year average of -$27.4 million and a median of -$38.4 million in 2025 frame the typical range for Non Operating Income.
- Annual changes were most pronounced in 2022 — Non Operating Income soared 32.7% — and 2024, when it sank 1993.9%.
- Tracing FWRD's Non Operating Income over 5 years: stood at -$1.6 million in 2022, then sank by 1382.75% to -$24.0 million in 2023, then tumbled by 84.49% to -$44.2 million in 2024, then increased by 4.5% to -$42.2 million in 2025, then plunged by 39.31% to -$58.8 million in 2026.
- The last three Non Operating Income figures came in at -$58.8 million (Q1 2026), -$42.2 million (Q4 2025), and -$38.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.89 Bn | 82.23 Bn | 19.65 Bn | -169.00 Mn |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn | 556.00 Mn |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - | - |
| 4 | Expeditors International Of Washington | 24.62 Bn | 23.58 Bn | 1.09 Bn | 8.84 Mn |
| 5 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | - |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn | - |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn | - |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn | - |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn | - |
| 10 | Forward Air | 588.72 Mn | 449.27 Mn | 617.46 Mn | -42.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -42.72 Mn |
| Mar 31, 2026 | -58.85 Mn |
| Dec 31, 2025 | -42.24 Mn |
| Sep 30, 2025 | -38.38 Mn |
| Jun 30, 2025 | -56.64 Mn |
| Mar 31, 2025 | -46.37 Mn |
| Dec 31, 2024 | -44.23 Mn |
| Sep 30, 2024 | -55.59 Mn |
| Jun 30, 2024 | -45.66 Mn |
| Mar 31, 2024 | -41.41 Mn |
| Dec 31, 2023 | -23.98 Mn |
| Sep 30, 2023 | -2.66 Mn |
| Jun 30, 2023 | -2.59 Mn |
| Mar 31, 2023 | -2.36 Mn |
| Dec 31, 2022 | -1.62 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 |