Forward Air (FWRD) Other Working Capital Changes (2009 - 2026)

Forward Air has reported Other Working Capital Changes for 18 years, with the latest figure at $3.1 million in Q1 2026.

• For the quarter ending Q1 2026, Other Working Capital Changes rose 503.78% year-over-year to $3.1 million; the trailing twelve-month figure through Mar 2026 stood at $15.4 million (up 53.97% YoY), and the FY2025 full-year result was $11.5 million, down 22.88% from the prior year.
• Other Working Capital Changes for Q1 2026 stood at $3.1 million, down from $15.9 million in the prior quarter.
• The five-year high for Other Working Capital Changes was $15.9 million in Q4 2025, with the low at -$13.8 million in Q1 2022.
• Historically, Other Working Capital Changes has averaged $1.6 million across 5 years, with a median of $2.3 million in 2024.
• Annual changes were most pronounced in 2022 — Other Working Capital Changes surged 4384.07% — and 2024, when it slumped 2342.96%.
• Forward Air's Other Working Capital Changes stood at $5.5 million in 2022, then tumbled by 102.47% to -$135000.0 in 2023, then tumbled by 2342.96% to -$3.3 million in 2024, then soared by 581.69% to $15.9 million in 2025, then tumbled by 80.5% to $3.1 million in 2026.
• The last three Other Working Capital Changes figures came in at $3.1 million (Q1 2026), $15.9 million (Q4 2025), and $5.3 million (Q3 2025), per Business Quant data.