For the quarter ending 2025-09-30, FWRD has $2,794,198K in assets. $140,354K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 140,354 | 95,128 | ||
| Restricted cash and restricted cash equivalents | 0 | 179 | ||
| Accounts receivable, less allowance of 2,900 in 2025 and 3,269 in 2024 | 341,414 | 335,716 | ||
| Prepaid expenses | 30,830 | 33,182 | ||
| Other current assets | 39,890 | 10,402 | ||
| Total current assets | 552,488 | 474,607 | ||
| Property and equipment, net of accumulated depreciation and amortization of 317,420 in 2025 and 292,855 in 2024 | 309,830 | 321,329 | ||
| Operating lease right-of-use assets | 411,562 | 419,531 | ||
| Goodwill | 522,712 | 522,712 | ||
| Other acquired intangibles, net of accumulated amortization of 282,266 in 2025 and 212,905 in 2024 | 929,894 | 952,967 | ||
| Other long term assets | 67,712 | 70,089 | ||
| Total assets | 2,794,198 | 2,761,235 | ||
| Accounts payable | 124,835 | 115,123 | ||
| Accrued expenses | 146,785 | 115,605 | ||
| Other current liabilities | 70,492 | 48,072 | ||
| Current portion of debt and finance lease obligations | 16,511 | 16,877 | ||
| Current portion of operating lease liabilities | 101,418 | 101,008 | ||
| Total current liabilities | 460,041 | 396,685 | ||
| Finance lease obligations, less current portion | 26,087 | 29,191 | ||
| Long-term debt, less current portion | 1,684,319 | 1,681,468 | ||
| Liabilities under tax receivable agreement | 14,131 | 20,158 | ||
| Operating lease liabilities, less current portion | 327,938 | 334,318 | ||
| Other long-term liabilities | 48,396 | 49,725 | ||
| Deferred income taxes | 37,444 | 33,449 | ||
| Preferred stock, value | 0 | 0 | ||
| Preferred stock, value-Preferred Class B | 0 | 0 | ||
| Common stock, 0.01 par value authorized shares - 50,699,707 issued and outstanding shares - 31,204,897 as of september 30, 2025 and 29,761,197 as of december 30, 2024 | 312 | 306 | ||
| Additional paid-in capital | 556,101 | 551,845 | ||
| Accumulated deficit | -418,753 | -402,451 | ||
| Accumulated other comprehensive (loss) income | 2,124 | 2,094 | ||
| Total forward air shareholders' equity | 139,784 | 151,794 | ||
| Noncontrolling interest | 56,058 | 64,447 | ||
| Total shareholders' equity | 195,842 | 216,241 | ||
| Total liabilities and shareholders' equity | 2,794,198 | 2,761,235 | ||
FORWARD AIR CORP (FWRD)
FORWARD AIR CORP (FWRD)