Forward Air (FWRD) Receivables - Net (2009 - 2026)
Forward Air (FWRD) reported Receivables - Net of $330.7 million for Q1 2026, down 1.69% on a YoY basis from $336.4 million in Q1 2025, and down 3.74% quarter-over-quarter from $343.6 million in Q4 2025.
Forward Air (FWRD) Receivables - Net (2009 - 2026) Analysis & Trends
Forward Air has reported Receivables - Net for 18 years, with the latest figure at $330.7 million in Q1 2026.
- For the quarter ending Q1 2026, Receivables - Net fell 1.69% year-over-year to $330.7 million; the trailing twelve-month figure through Mar 2026 stood at $330.7 million (down 1.69% YoY), and the FY2025 full-year result was $343.6 million, up 6.6% from the prior year.
- Receivables - Net for Q1 2026 stood at $330.7 million, down from $343.6 million in the prior quarter.
- The five-year high for Receivables - Net was $368.9 million in Q2 2024, with the low at $153.3 million in Q4 2023.
- Historically, Receivables - Net has averaged $278.4 million across 5 years, with a median of $322.3 million in 2024.
- Annual changes were most pronounced in 2023 — Receivables - Net retreated 28.47% — and 2024, when it surged 110.28%.
- Forward Air's Receivables - Net stood at $188.2 million in 2022, then fell by 18.57% to $153.3 million in 2023, then surged by 110.28% to $322.3 million in 2024, then climbed by 6.6% to $343.6 million in 2025, then slipped by 3.74% to $330.7 million in 2026.
- The last three Receivables - Net figures came in at $330.7 million (Q1 2026), $343.6 million (Q4 2025), and $341.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn |
| 10 | Forward Air | 326.09 Mn | 226.34 Mn | 526.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 330.70 Mn |
| Mar 31, 2026 | 330.70 Mn |
| Dec 31, 2025 | 343.56 Mn |
| Dec 31, 2025 | 343.56 Mn |
| Sep 30, 2025 | 341.41 Mn |
| Sep 30, 2025 | 341.41 Mn |
| Jun 30, 2025 | 335.72 Mn |
| Jun 30, 2025 | 335.72 Mn |
| Mar 31, 2025 | 336.40 Mn |
| Mar 31, 2025 | 336.40 Mn |
| Dec 31, 2024 | 322.29 Mn |
| Dec 31, 2024 | 322.29 Mn |
| Sep 30, 2024 | 361.00 Mn |
| Sep 30, 2024 | 361.00 Mn |
| Jun 30, 2024 | 368.93 Mn |
| Jun 30, 2024 | 368.93 Mn |
| Mar 31, 2024 | 351.81 Mn |
| Mar 31, 2024 | 351.81 Mn |
| Dec 31, 2023 | 153.27 Mn |
| Dec 31, 2023 | 153.27 Mn |