Omni Logistics was Forward Air’s largest segment in fiscal 2025, bringing in $1.35B of $2.50B (54%).
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Omni Logistics | — | — | $1.20B | $1.35B | |||||||||||
| Expedited Freight | $1.26B | $1.10B | $1.04B | $1.01B | |||||||||||
| Expedited Ltl | — | — | — | — | |||||||||||
| Forward Air | — | — | — | — | |||||||||||
| Intermodal | $419.72M | $274.04M | $232.32M | $230.53M | |||||||||||
| Truckload Premium Services | — | — | — | — | |||||||||||
| Pool Distribution | — | — | — | — | |||||||||||
| Fasi | — | — | — | — | |||||||||||
| Tqi | — | — | — | — | |||||||||||
| Corporate | — | — | $164.00K | — | |||||||||||
| Intersegment Eliminations | -$205.00K | -$266.00K | — | -$99.14M | |||||||||||
| Eliminations | — | — | — | — | |||||||||||
| Business Intersegment, Eliminations | — | — | — | — | |||||||||||
| Total | $1.68B | $1.37B | $2.47B | $2.50B |
Forward Air brought in $2.50B from its four segments in fiscal 2025, the year ended December 31, 2025. Forward Air regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $2.47B. Omni Logistics was the largest at $1.35B (54.2%), ahead of Expedited Freight at $1.01B (40.6%) and Intermodal at $230.53M (9.2%).
Compared with fiscal 2024, Omni Logistics grew fastest, up 12.9% to $1.35B, while Expedited Freight fell the most, down 3.1% to $1.01B.
Forward Air began breaking out Omni Logistics in fiscal 2024, when it brought in $1.20B. Forward Air stopped reporting Corporate as a separate segment after fiscal 2024, when it brought in $164.00K. The total is net of Intersegment Eliminations, which took $99.14M off revenue in fiscal 2025.
United States Federal was Forward Air’s largest region in fiscal 2025, bringing in $2.17B of $2.50B (87%).
| Geography | FY 2025 |
|---|---|
| United States Federal | $2.17B |
| Foreign Operations | $330.04M |
| Total | $2.50B |
Forward Air brought in $2.50B from its two regions in fiscal 2025, the year ended December 31, 2025. United States Federal was the largest at $2.17B (86.8%), ahead of Foreign Operations at $330.04M (13.2%).
Previously Reported was Forward Air’s largest revenue line in fiscal 2016, bringing in $982.53M of $1.03B (95%).
| Restatement | FY 2016 |
|---|---|
| Previously Reported | $982.53M |
| Restatement Adjustment | $47.68M |
| Total | $1.03B |
Forward Air brought in $1.03B from its two revenue lines in fiscal 2016, the year ended December 31, 2016. Previously Reported was the largest at $982.53M (95.4%), ahead of Restatement Adjustment at $47.68M (4.6%).
Forward Air (FWRD) reports its revenue by segment, by geography and by restatement. In fiscal 2025, Omni Logistics was its largest segment, bringing in $1.35B (54.2% of the total), followed by Expedited Freight at $1.01B (40.6%).
Omni Logistics was Forward Air's largest segment in fiscal 2025, bringing in $1.35B, or 54.2% of the $2.50B total across its four segments.
United States Federal was Forward Air's largest region in fiscal 2025, bringing in $2.17B, or 86.8% of the $2.50B total across its two regions.
Previously Reported was Forward Air's largest revenue line in fiscal 2016, bringing in $982.53M, or 95.4% of the $1.03B total across its two revenue lines.
Every figure comes from Forward Air's annual financial filings, as reported. Each line keeps the name Forward Air gives it, and years follow its fiscal calendar.
Forward Air's revenue by segment goes back to fiscal 2011, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.