Forward Air FWRD
NASDAQ FWRD
$18.11 +0.32 (+1.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

Forward Air (FWRD) Profit After Tax (2009 - 2026)

Forward Air's (FWRD) quarterly Profit After Tax came in at -$42.2 million in Q1 2026, up 30.66% YoY from -$32.3 million in Q1 2025, and down 49.14% on a QoQ basis from -$28.3 million in Q4 2025.

Forward Air (FWRD) Profit After Tax (2009 - 2026) Analysis & Trends

Forward Air (FWRD) has 18 years of Profit After Tax data on file, last reported at -$42.2 million in Q1 2026.

  • Quarterly Profit After Tax rose 30.66% year-over-year to -$42.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$107.2 million (up 90.62% YoY) and the FY2025 annual result came in at -$107.8 million, up 90.42% from the prior year.
  • Profit After Tax declined to -$42.2 million in Q1 2026, from -$28.3 million in the prior quarter.
  • In the past five years, Profit After Tax ranged from a high of $101.7 million in Q4 2023 to a low of -$971.3 million in Q2 2024.
  • A 5-year average of -$58.1 million and a median of -$16.2 million in 2025 frame the typical range for Profit After Tax.
  • Annual changes were most pronounced in 2022 — Profit After Tax surged 261.89% — and 2024, when it sank 5771.44%.
  • Tracing FWRD's Profit After Tax over 5 years: stood at $42.9 million in 2022, then surged by 136.93% to $101.7 million in 2023, then slumped by 135.79% to -$36.4 million in 2024, then increased by 22.22% to -$28.3 million in 2025, then sank by 49.14% to -$42.2 million in 2026.
  • The last three Profit After Tax figures came in at -$42.2 million (Q1 2026), -$28.3 million (Q4 2025), and -$16.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 United Parcel Service 86.89 Bn 82.23 Bn 19.65 Bn 604.00 Mn
2 Fedex 77.23 Bn 63.91 Bn 18.84 Bn 1.60 Bn
3 Hunt J B Transport Services 25.91 Bn 25.90 Bn - 181.03 Mn
4 Expeditors International Of Washington 24.62 Bn 23.58 Bn 1.09 Bn 267.26 Mn
5 ZTO Express (Cayman) 17.03 Bn 12.62 Bn 469.01 Mn 312.61 Mn
6 C. H. Robinson Worldwide 16.77 Bn 16.62 Bn 1.11 Bn 187.19 Mn
7 Landstar System 6.33 Bn 5.98 Bn 308.86 Mn 48.95 Mn
8 GXO Logistics 5.25 Bn 4.48 Bn 508.00 Mn 27.00 Mn
9 Pitney Bowes 2.24 Bn 1.96 Bn 296.14 Mn 49.91 Mn
10 Forward Air 588.72 Mn 449.27 Mn 617.46 Mn -246.07 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -246.07 Mn
Mar 31, 2026 -42.24 Mn
Dec 31, 2025 -28.33 Mn
Sep 30, 2025 -16.22 Mn
Jun 30, 2025 -20.36 Mn
Mar 31, 2025 -60.93 Mn
Dec 31, 2024 -36.42 Mn
Sep 30, 2024 -73.23 Mn
Jun 30, 2024 -971.35 Mn
Mar 31, 2024 -88.79 Mn
Dec 31, 2023 101.74 Mn
Sep 30, 2023 6.49 Mn
Jun 30, 2023 17.13 Mn
Mar 31, 2023 33.90 Mn
Dec 31, 2022 42.94 Mn
Sep 30, 2022 52.13 Mn
Jun 30, 2022 55.43 Mn
Mar 31, 2022 40.46 Mn
Dec 31, 2021 40.47 Mn
Sep 30, 2021 30.50 Mn