Forward Air (FWRD) Receivables (2009 - 2026)

Forward Air (FWRD) reported Receivables of $333.8 million for Q1 2026, down 0.78% on a YoY basis from $336.4 million in Q1 2025, and down 4.56% quarter-over-quarter from $349.7 million in Q4 2025.

Forward Air (FWRD) Receivables (2009 - 2026) Analysis & Trends

Forward Air has reported Receivables for 18 years, with the latest figure at $333.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Receivables fell 0.78% year-over-year to $333.8 million; the trailing twelve-month figure through Mar 2026 stood at $333.8 million (down 0.78% YoY), and the FY2025 full-year result was $349.7 million, up 8.44% from the prior year.
  • Receivables for Q1 2026 stood at $333.8 million, down from $349.7 million in the prior quarter.
  • The five-year high for Receivables was $370.4 million in Q2 2024, with the low at $158.7 million in Q4 2023.
  • Historically, Receivables has averaged $279.8 million across 5 years, with a median of $322.5 million in 2024.
  • Annual changes were most pronounced in 2023 — Receivables dropped 28.5% — and 2024, when it soared 110.49%.
  • Forward Air's Receivables stood at $188.2 million in 2022, then fell by 15.7% to $158.7 million in 2023, then soared by 103.24% to $322.5 million in 2024, then increased by 8.44% to $349.7 million in 2025, then fell by 4.56% to $333.8 million in 2026.
  • The last three Receivables figures came in at $333.8 million (Q1 2026), $349.7 million (Q4 2025), and $341.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 10.23 Bn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 12.38 Bn
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 1.33 Bn
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 2.72 Bn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 2.02 Bn
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 740.42 Mn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 2.29 Bn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn 255.77 Mn
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 158.59 Mn
10 Forward Air 326.09 Mn 226.34 Mn 526.45 Mn 333.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 333.78 Mn
Dec 31, 2025 349.71 Mn
Sep 30, 2025 341.41 Mn
Jun 30, 2025 335.72 Mn
Mar 31, 2025 336.40 Mn
Dec 31, 2024 322.50 Mn
Sep 30, 2024 362.70 Mn
Jun 30, 2024 370.40 Mn
Mar 31, 2024 353.35 Mn
Dec 31, 2023 158.68 Mn
Sep 30, 2023 191.76 Mn
Jun 30, 2023 175.97 Mn
Mar 31, 2023 201.39 Mn
Dec 31, 2022 188.23 Mn
Sep 30, 2022 247.73 Mn
Jun 30, 2022 246.11 Mn
Mar 31, 2022 241.15 Mn
Dec 31, 2021 216.18 Mn
Sep 30, 2021 219.38 Mn
Jun 30, 2021 226.19 Mn