Growth Metrics

Forward Air (FWRD) Receivables (2016 - 2025)

Forward Air's Receivables history spans 17 years, with the latest figure at $349.7 million for Q4 2025.

  • For Q4 2025, Receivables rose 2.23% year-over-year to $349.7 million; the TTM value through Dec 2025 reached $349.7 million, up 2.23%, while the annual FY2025 figure was $349.7 million, 2.23% up from the prior year.
  • Receivables reached $349.7 million in Q4 2025 per FWRD's latest filing, up from $341.4 million in the prior quarter.
  • In the past five years, Receivables ranged from a high of $370.4 million in Q2 2024 to a low of $176.0 million in Q2 2023.
  • Average Receivables over 5 years is $266.5 million, with a median of $243.6 million recorded in 2022.
  • Peak YoY movement for Receivables: decreased 28.5% in 2023, then skyrocketed 110.49% in 2024.
  • A 5-year view of Receivables shows it stood at $216.2 million in 2021, then decreased by 12.93% to $188.2 million in 2022, then decreased by 4.38% to $180.0 million in 2023, then skyrocketed by 90.07% to $342.1 million in 2024, then increased by 2.23% to $349.7 million in 2025.
  • Per Business Quant, the three most recent readings for FWRD's Receivables are $349.7 million (Q4 2025), $341.4 million (Q3 2025), and $335.7 million (Q2 2025).