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| Date | Value |
|---|---|
| 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 |