FORWARD AIR CORP (FWRD)

Every figure below is the company's own, as filed. Nothing is estimated and nothing is smoothed — a period the filing does not support is left blank rather than drawn. Quarters are the company's own, counted from its financial year ending 12-31. Amounts in USD.

Revenue TTM

0 900M 1.8B 2.7B Q3 '21: 1.6B Q4 '21: 1.4B Q1 '22: 1.5B Q2 '22: 1.6B Q3 '22: 1.7B Q4 '22: 1.9B Q1 '23: 1.8B Q2 '23: 1.6B Q3 '23: 1.4B Q4 '23: 1.4B Q1 '24: 1.6B Q2 '24: 1.9B Q3 '24: 2.2B Q4 '24: 2.5B Q1 '25: 2.5B Q2 '25: 2.5B Q3 '25: 2.5B Q4 '25: 2.5B Q1 '26: 2.5B Q2 '26: 2.5B Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Gross Profit TTM

0 300M 600M 900M Q4 '18: 756.6M Q1 '19: 771.1M Q2 '19: 744.2M Q3 '19: 718.4M Q4 '19: 671.6M Q4 '18 Q1 '19 Q2 '19 Q3 '19 Q4 '19

Revenue minus cost of sales. This filer tags no gross profit of its own..

Operating Income TTM

-1.2B -800M -400M 0 400M 800M 1.2B Q4 '20: 73.9M Q1 '21: 80.9M Q2 '21: 109.1M Q3 '21: 128.1M Q4 '21: 147M Q1 '22: 181.7M Q2 '22: 215.1M Q3 '22: 244.3M Q4 '22: 247.6M Q1 '23: 237.4M Q2 '23: 188.2M Q3 '23: 128.2M Q4 '23: 88.2M Q1 '24: -24.7M Q2 '24: -1.1B Q3 '24: -1.1B Q4 '24: -1.1B Q1 '25: -992.4M Q2 '25: 122.8M Q3 '25: 115.1M Q1 '21 Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25

Net Income TTM

-900M -600M -300M 0 300M 600M 900M Q3 '21: 61M Q4 '21: 105.9M Q1 '22: 137.4M Q2 '22: 162.1M Q3 '22: 190.7M Q4 '22: 193.2M Q1 '23: 186.9M Q2 '23: 151.4M Q3 '23: 108.5M Q4 '23: 167.4M Q1 '24: 69.3M Q2 '24: -596.1M Q3 '24: -678.8M Q4 '24: -817M Q1 '25: -805.9M Q2 '25: -173M Q3 '25: -115.9M Q4 '25: -107.8M Q1 '26: -91.5M Q2 '26: -286.2M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Cost of Revenue TTM

0 200M 400M 600M Q4 '18: 564.3M Q1 '19: 568.7M Q2 '19: 568.1M Q3 '19: 576.2M Q4 '19: 586.1M Q4 '18 Q1 '19 Q2 '19 Q3 '19 Q4 '19

Operating Cash Flow TTM

-100M 0 100M 200M 300M Q3 '21: 98.4M Q4 '21: 120.6M Q1 '22: 166.2M Q2 '22: 193.8M Q3 '22: 234.7M Q4 '22: 250.2M Q1 '23: 253.7M Q2 '23: 266.9M Q3 '23: 212.8M Q4 '23: 216.5M Q1 '24: 98.8M Q2 '24: -10M Q3 '24: 11.3M Q4 '24: -69M Q1 '25: 10.3M Q2 '25: 42.3M Q3 '25: 43.9M Q4 '25: 44.4M Q1 '26: 62.5M Q2 '26: 70.8M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Free Cash Flow TTM

-160M -80M 0 80M 160M 240M Q3 '21: 71.5M Q4 '21: 82.2M Q1 '22: 120.6M Q2 '22: 145.3M Q3 '22: 193.9M Q4 '22: 210.9M Q1 '23: 217.8M Q2 '23: 229M Q3 '23: 175.8M Q4 '23: 184.7M Q1 '24: 68.6M Q2 '24: -43.9M Q3 '24: -27.1M Q4 '24: -106.1M Q1 '25: -33.7M Q2 '25: 8M Q3 '25: 15.9M Q4 '25: 15.3M Q1 '26: 38.4M Q2 '26: 48.2M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Operating cash flow minus capital expenditure.

Shares Outstanding Quarterly

0 15M 30M 45M Q1 '20: 27.9M Q2 '20: 27.7M Q3 '20: 27.6M Q1 '21: 27.5M Q2 '21: 27.4M Q3 '21: 27.1M Q1 '22: 27.1M Q2 '22: 27M Q3 '22: 26.9M Q1 '23: 26.5M Q2 '23: 26M Q3 '23: 25.8M Q1 '24: 26.2M Q2 '24: 26.8M Q3 '24: 27.9M Q1 '25: 30.2M Q2 '25: 30.4M Q3 '25: 31M Q1 '26: 31.5M Q2 '26: 32.5M Q2 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

Weighted average diluted, as the filer reports it for each period. An average cannot be added across periods, so this one is always shown per period the filer tagged rather than as a trailing year.

EPS TTM

-45.00 -30.00 -15.00 0.00 15.00 30.00 45.00 Q3 '21: 2.20 Q4 '21: 3.85 Q1 '22: 5.02 Q2 '22: 5.95 Q3 '22: 7.02 Q4 '22: 7.14 Q1 '23: 6.94 Q2 '23: 5.66 Q3 '23: 4.09 Q4 '23: 6.42 Q1 '24: 2.24 Q2 '24: -21.99 Q3 '24: -25.01 Q4 '24: -30.18 Q1 '25: -29.05 Q2 '25: -5.99 Q3 '25: -3.85 Q4 '25: -3.52 Q1 '26: -2.93 Q2 '26: -8.90 Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.