Growth Metrics

Forward Air (FWRD) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Forward Air (FWRD) over the last 17 years, with Q3 2025 value amounting to $616.8 million.

  • Forward Air's Operating Expenses fell 260.31% to $616.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.8 billion, marking a year-over-year decrease of 4496.99%. This contributed to the annual value of $1.3 billion for FY2023, which is 1044.09% down from last year.
  • Forward Air's Operating Expenses amounted to $616.8 million in Q3 2025, which was down 260.31% from $599.3 million recorded in Q2 2025.
  • In the past 5 years, Forward Air's Operating Expenses ranged from a high of $1.7 billion in Q2 2024 and a low of $144.4 million during Q4 2022
  • Moreover, its 5-year median value for Operating Expenses was $394.1 million (2021), whereas its average is $486.6 million.
  • In the last 5 years, Forward Air's Operating Expenses skyrocketed by 46603.9% in 2024 and then tumbled by 6554.47% in 2025.
  • Over the past 5 years, Forward Air's Operating Expenses (Quarter) stood at $145.0 million in 2021, then fell by 0.43% to $144.4 million in 2022, then soared by 132.29% to $335.4 million in 2023, then soared by 88.79% to $633.2 million in 2024, then fell by 2.6% to $616.8 million in 2025.
  • Its last three reported values are $616.8 million in Q3 2025, $599.3 million for Q2 2025, and $608.5 million during Q1 2025.