FORWARD AIR CORP (FWRD)
FORWARD AIR CORP (FWRD)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -40,198 | -36,413 | -23,757 | -81,555 |
| Depreciation and amortization | 38,521 | 40,724 | 37,748 | 74,166 |
| Impairment of goodwill | NaN | 0 | 0 | 0 |
| Share-based compensation expense | 3,541 | 2,380 | 3,380 | 7,669 |
| Provision for revenue adjustments | 731 | 930 | 682 | 1,637 |
| Deferred income tax benefit | -2,170 | -10,425 | 4,202 | -4,725 |
| Impairment of abandoned software project costs | NaN | 19,765 | NaN | NaN |
| Other | 3,870 | 493 | -3,461 | 14,472 |
| Accounts receivable | -11,863 | 2,114 | -1,054 | 16,945 |
| Other receivables | -2,052 | 7,092 | 582 | -309 |
| Other current and noncurrent assets | 3,097 | 28,804 | 5,337 | -9,719 |
| Accounts payable and accrued expenses | -17,811 | NaN | 38,785 | 9,651 |
| Accounts payable, accrued expenses and other liabilities | NaN | -46,264 | NaN | NaN |
| Net cash provided by (used in) operating activities of continuing operations | NaN | -22,728 | 52,714 | 14,398 |
| Net cash provided by operating activities | 45,738 | NaN | NaN | NaN |
| Proceeds from sale of property and equipment | 1,428 | 415 | 294 | 1,495 |
| Purchases of property and equipment | 6,946 | 8,351 | 4,115 | 16,650 |
| Proceeds from long-term debt held in escrow | NaN | 0 | NaN | NaN |
| Purchase of businesses, net of cash acquired | NaN | 0 | 0 | 0 |
| Payment of debt issuance costs | NaN | 0 | 0 | 0 |
| Other | 0 | 0 | 31 | -31 |
| Payment of earn-out liability | NaN | 0 | 0 | 0 |
| Net cash used in investing activities of continuing operations | NaN | -26,912 | NaN | NaN |
| Net cash used in investing activities | 13,458 | NaN | -3,852 | -15,124 |
| Payments of dividends to shareholders | NaN | 0 | NaN | NaN |
| Proceeds from common stock issued under employee stock purchase plan | NaN | NaN | 0 | 434 |
| Repayments of finance lease obligations | 4,225 | 4,319 | 3,610 | 9,376 |
| Repurchases and retirement of common stock | NaN | 0 | NaN | NaN |
| Proceeds from credit facility | 0 | 25,000 | 0 | 85,000 |
| Proceeds from common stock issued under employee stock purchase plan | NaN | 846 | NaN | NaN |
| Payments on credit facility | 0 | 25,000 | 0 | 85,000 |
| Payment of minimum tax withholdings on share-based awards and other | 685 | 21 | 52 | 1,001 |
| Contributions from subsidiary held for sale | NaN | 0 | NaN | NaN |
| Net cash provided by (used in) financing activities of continuing operations | NaN | -17,533 | NaN | NaN |
| Net cash used in financing activities | 8,695 | NaN | -3,662 | -9,943 |
| Effect of exchange rate changes on cash | -284 | 234 | -153 | 710 |
| Net increase in cash and cash equivalents | 35,026 | -34,358 | 45,047 | -9,959 |
| Net cash used in operating activities of discontinued operations | NaN | 0 | 0 | 0 |
| Net cash provided by investing activities of discontinued operations | NaN | 0 | NaN | NaN |
| Net cash used in financing activities of discontinued operations | NaN | 0 | NaN | NaN |
| Net increase (decrease) in cash, cash equivalents and restricted cash equivalents | NaN | -34,358 | 45,047 | -9,959 |
| Cash and cash equivalents at beginning of period | 105,996 | 140,354 | 105,266 | NaN |
| Cash and cash equivalents at end of period | 141,022 | 105,996 | 140,354 | NaN |