For the year ending 2025-12-31, FWRD made $2,495,118K in revenue. -$107,796K in net income. Net profit margin of -4.32%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Operating revenue | 2,495,118 | - | ||
| Purchased transportation | 1,244,471 | 1,250,570 | ||
| Salaries, wages, and employee benefits | 535,681 | 536,406 | ||
| Operating leases | 204,029 | 182,197 | ||
| Depreciation and amortization | 152,638 | 143,978 | ||
| Insurance and claims | 58,970 | 64,682 | ||
| Operating revenue | - | 2,474,262 | ||
| Fuel expense | 20,122 | 21,460 | ||
| Other operating expenses | 242,783 | 309,508 | ||
| Impairment of goodwill | 0 | 1,028,397 | ||
| Total operating expenses | 2,458,694 | 3,537,198 | ||
| Income (loss) from operations | 36,424 | -1,062,936 | ||
| Interest expense, net | 180,747 | 189,215 | ||
| Foreign exchange (loss) gain | -5,892 | 1,093 | ||
| Other income, net | 3,018 | 1,226 | ||
| Total other expense | -183,621 | -186,896 | ||
| Income (loss) from continuing operations before income taxes | -147,197 | -1,249,832 | ||
| Income tax expense (benefit) | -5,472 | -124,991 | ||
| Net income (loss) from continuing operations | - | -1,124,841 | ||
| Income (loss) from continuing operations | -141,725 | - | ||
| Income (loss) from discontinued operations, net of tax | - | -6,387 | ||
| Income (loss) from discontinued operation, net of tax | 0 | - | ||
| Net (loss) income | -141,725 | -1,131,228 | ||
| Net (loss) attributable to noncontrolling interest | -33,929 | -314,259 | ||
| Net (loss) income attributable to forward air | -107,796 | -816,969 | ||
| Basic EPS | -3.51 | -30.63 | ||
| Diluted EPS | -3.51 | -30.63 | ||
| Basic Average Shares | 30,718,000 | 27,540,000 | ||
| Diluted Average Shares | 30,718,000 | 27,540,000 | ||
FORWARD AIR CORP (FWRD)
FORWARD AIR CORP (FWRD)