Forward Air (FWRD) Other Operating Expenses (2009 - 2026)

Forward Air (FWRD) reported Other Operating Expenses of $511.9 million for Q1 2026, up 100.37% on a YoY basis from $255.5 million in Q1 2025, and up 180.78% quarter-over-quarter from -$633.7 million in Q4 2025.

Forward Air (FWRD) Other Operating Expenses (2009 - 2026) Analysis & Trends

Forward Air has reported Other Operating Expenses for 18 years, with the latest figure at $511.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Operating Expenses rose 100.37% year-over-year to $511.9 million; the trailing twelve-month figure through Mar 2026 stood at $992.6 million (down 80.43% YoY), and the FY2025 full-year result was $1.0 billion, down 68.99% from the prior year.
  • Other Operating Expenses for Q1 2026 stood at $511.9 million, up from -$633.7 million in the prior quarter.
  • The five-year high for Other Operating Expenses was $2.6 billion in Q4 2024, with the low at -$633.7 million in Q4 2025.
  • Historically, Other Operating Expenses has averaged $516.6 million across 5 years, with a median of $405.3 million in 2022.
  • Annual changes were most pronounced in 2023 — Other Operating Expenses jumped 5156.12% — and 2025, when it tumbled 124.78%.
  • Forward Air's Other Operating Expenses stood at $15.1 million in 2022, then jumped by 5156.12% to $794.1 million in 2023, then surged by 222.08% to $2.6 billion in 2024, then plunged by 124.78% to -$633.7 million in 2025, then surged by 180.78% to $511.9 million in 2026.
  • The last three Other Operating Expenses figures came in at $511.9 million (Q1 2026), -$633.7 million (Q4 2025), and $564.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn
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
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 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

Historic Data

Download Data
DateValue
Mar 31, 2026 511.89 Mn
Dec 31, 2025 -633.71 Mn
Sep 30, 2025 564.61 Mn
Jun 30, 2025 549.82 Mn
Mar 31, 2025 255.47 Mn
Dec 31, 2024 2.56 Bn
Sep 30, 2024 575.40 Mn
Jun 30, 2024 1.68 Bn
Mar 31, 2024 568.74 Mn
Dec 31, 2023 794.15 Mn
Sep 30, 2023 299.11 Mn
Jun 30, 2023 111.64 Mn
Mar 31, 2023 118.91 Mn
Dec 31, 2022 15.11 Mn
Sep 30, 2022 405.28 Mn
Jun 30, 2022 208.32 Mn
Mar 31, 2022 195.11 Mn
Dec 31, 2021 644.18 Mn
Sep 30, 2021 351.67 Mn
Jun 30, 2021 357.34 Mn