Forward Air (FWRD) Other Operating Expenses (2009 - 2026)
Forward Air's (FWRD) quarterly Other Operating Expenses came in at $511.9 million in Q1 2026, up 100.37% YoY from $255.5 million in Q1 2025, and down 11.82% on a QoQ basis from $580.5 million in Q4 2025.
Forward Air (FWRD) Other Operating Expenses (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Other Operating Expenses data on file, last reported at $511.9 million in Q1 2026.
- Quarterly Other Operating Expenses rose 100.37% year-over-year to $511.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 388.32% YoY) and the FY2025 annual result came in at $2.3 billion, up 111.04% from the prior year.
- Other Operating Expenses declined to $511.9 million in Q1 2026, from $580.5 million in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $724.2 million in Q4 2022 to a low of -$1.8 billion in Q4 2024.
- A 5-year average of $250.1 million and a median of $309.8 million in 2023 frame the typical range for Other Operating Expenses.
- Annual changes were most pronounced in 2022 — Other Operating Expenses soared 1293.82% — and 2024, when it sank 1473.55%.
- Tracing FWRD's Other Operating Expenses over 5 years: stood at $724.2 million in 2022, then tumbled by 82.13% to $129.4 million in 2023, then slumped by 1473.55% to -$1.8 billion in 2024, then jumped by 132.65% to $580.5 million in 2025, then dropped by 11.82% to $511.9 million in 2026.
- The last three Other Operating Expenses figures came in at $511.9 million (Q1 2026), $580.5 million (Q4 2025), and $564.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Parcel Service | 86.89 Bn | 82.23 Bn | 19.65 Bn |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn |
| 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 |
| 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 824.10 Mn |
| Mar 31, 2026 | 511.89 Mn |
| Dec 31, 2025 | 580.52 Mn |
| Sep 30, 2025 | 564.61 Mn |
| Jun 30, 2025 | 253.80 Mn |
| Mar 31, 2025 | 255.47 Mn |
| Dec 31, 2024 | -1.78 Bn |
| Sep 30, 2024 | 584.43 Mn |
| Jun 30, 2024 | 275.33 Mn |
| Mar 31, 2024 | 568.74 Mn |
| Dec 31, 2023 | 129.44 Mn |
| Sep 30, 2023 | 309.75 Mn |
| Jun 30, 2023 | 119.07 Mn |
| Mar 31, 2023 | 121.10 Mn |
| Dec 31, 2022 | 724.20 Mn |
| Sep 30, 2022 | 413.39 Mn |
| Jun 30, 2022 | 416.22 Mn |
| Mar 31, 2022 | 202.16 Mn |
| Dec 31, 2021 | 51.96 Mn |
| Sep 30, 2021 | 184.94 Mn |