Forward Air (FWRD) Tax Provisions (2009 - 2026)

Forward Air (FWRD) reported Tax Provisions of $1.8 million for Q1 2026, down 90.85% on a YoY basis from $19.6 million in Q1 2025, and up 120.62% quarter-over-quarter from -$8.7 million in Q4 2025.

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

Forward Air has reported Tax Provisions for 18 years, with the latest figure at $1.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 90.85% year-over-year to $1.8 million; the trailing twelve-month figure through Mar 2026 stood at -$23.3 million (up 73.27% YoY), and the FY2025 full-year result was -$5.5 million, up 95.62% from the prior year.
  • Tax Provisions for Q1 2026 stood at $1.8 million, up from -$8.7 million in the prior quarter.
  • The five-year high for Tax Provisions was $67.0 million in Q4 2024, with the low at -$174.9 million in Q2 2024.
  • Historically, Tax Provisions has averaged -$3.0 million across 5 years, with a median of $2.5 million in 2023.
  • The largest YoY upside for Tax Provisions was 1171.13% in 2024 against a maximum downside of 2745.43% in 2024.
  • Forward Air's Tax Provisions stood at $12.2 million in 2022, then plunged by 151.07% to -$6.3 million in 2023, then surged by 1171.13% to $67.0 million in 2024, then slumped by 112.98% to -$8.7 million in 2025, then surged by 120.62% to $1.8 million in 2026.
  • The last three Tax Provisions figures came in at $1.8 million (Q1 2026), -$8.7 million (Q4 2025), and $385000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 260.00 Mn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 207.00 Mn
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 47.60 Mn
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 19.44 Mn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 74.80 Mn
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 13.28 Mn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 12.00 Mn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -80.05 Mn
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 22.34 Mn
10 Forward Air 326.09 Mn 226.34 Mn 526.45 Mn 1.79 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.79 Mn
Dec 31, 2025 -8.70 Mn
Sep 30, 2025 385,000.00
Jun 30, 2025 -16.75 Mn
Mar 31, 2025 19.59 Mn
Dec 31, 2024 67.00 Mn
Sep 30, 2024 1.30 Mn
Jun 30, 2024 -174.94 Mn
Mar 31, 2024 -18.35 Mn
Dec 31, 2023 -6.26 Mn
Sep 30, 2023 2.54 Mn
Jun 30, 2023 6.61 Mn
Mar 31, 2023 10.94 Mn
Dec 31, 2022 12.25 Mn
Sep 30, 2022 17.99 Mn
Jun 30, 2022 18.92 Mn
Mar 31, 2022 13.88 Mn
Dec 31, 2021 9.84 Mn
Sep 30, 2021 11.00 Mn
Jun 30, 2021 10.12 Mn