Forward Air (FWRD) Tax Provisions (2009 - 2026)
Forward Air's (FWRD) quarterly Tax Provisions came in at $1.8 million in Q1 2026, down 90.85% YoY from $19.6 million in Q1 2025, and up 120.62% on a QoQ basis from -$8.7 million in Q4 2025.
Forward Air (FWRD) Tax Provisions (2009 - 2026) Analysis & Trends
Forward Air (FWRD) has 18 years of Tax Provisions data on file, last reported at $1.8 million in Q1 2026.
- Quarterly Tax Provisions fell 90.85% year-over-year to $1.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$23.3 million (up 73.27% YoY) and the FY2025 annual result came in at -$5.5 million, up 95.62% from the prior year.
- Tax Provisions advanced to $1.8 million in Q1 2026, from -$8.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $67.0 million in Q4 2024 to a low of -$174.9 million in Q2 2024.
- A 5-year average of -$3.0 million and a median of $2.5 million in 2023 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 1171.13% in 2024, down 2745.43% in 2024.
- Tracing FWRD's Tax Provisions over 5 years: 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 | 86.89 Bn | 82.23 Bn | 19.65 Bn | 157.00 Mn |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn | 510.00 Mn |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - | 61.65 Mn |
| 4 | Expeditors International Of Washington | 24.62 Bn | 23.58 Bn | 1.09 Bn | 91.20 Mn |
| 5 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | -80.05 Mn |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn | 51.08 Mn |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn | 16.47 Mn |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn | 21.00 Mn |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn | 15.58 Mn |
| 10 | Forward Air | 588.72 Mn | 449.27 Mn | 617.46 Mn | -174,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -174,000.00 |
| 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 |