Forward Air (FWRD) Receivables - Net (2009 - 2026)
Forward Air's (FWRD) quarterly Receivables - Net came in at $330.7 million in Q1 2026, down 1.69% YoY from $336.4 million in Q1 2025, and down 3.74% on a QoQ basis from $343.6 million in Q4 2025.
Forward Air (FWRD) Receivables - Net (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Receivables - Net data on file, last reported at $330.7 million in Q1 2026.
- Quarterly Receivables - Net fell 1.69% year-over-year to $330.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $330.7 million (down 1.69% YoY) and the FY2025 annual result came in at $343.6 million, up 6.6% from the prior year.
- Receivables - Net slipped to $330.7 million in Q1 2026, from $343.6 million in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $368.9 million in Q2 2024 to a low of $153.3 million in Q4 2023.
- A 5-year average of $278.4 million and a median of $322.3 million in 2024 frame the typical range for Receivables - Net.
- Annual changes were most pronounced in 2023 — Receivables - Net retreated 28.47% — and 2024, when it surged 110.28%.
- Tracing FWRD's Receivables - Net over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Parcel Service | 86.89 Bn | 82.23 Bn | 19.65 Bn |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - |
| 4 | Expeditors International Of Washington | 24.62 Bn | 23.58 Bn | 1.09 Bn |
| 5 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn |
| 10 | Forward Air | 588.72 Mn | 449.27 Mn | 617.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 369.47 Mn |
| Jun 30, 2026 | 369.47 Mn |
| 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 |