Financial insights of FWRD

MyFinsight

For the quarter ending 2026-03-31, FWRD made $582,046K in revenue. -$34,319K in net income. Net profit margin of -5.90%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total operating revenues	582,046	631,230	631,763	618,844
Purchased transportation	283,777	320,519	316,390	303,300
Salaries, wages and employee benefits	115,576	116,367	131,909	145,490
Operating leases	49,713	53,582	52,150	49,505
Depreciation and amortization	38,521	40,724	37,748	36,806
Insurance and claims	13,498	15,708	12,719	15,536
Fuel expense	4,927	4,166	5,029	5,278
Other operating expenses	55,593	83,032	60,811	43,407
Impairment of goodwill	-	0	0	0
Total operating expenses	561,605	634,098	616,756	599,322
Income from operations	20,441	-2,868	15,007	19,522
Interest expense, net	43,587	45,099	44,775	45,326
Foreign exchange loss (gain)	1,698	222	-539	-4,653
Other (expense) income, net	-16,957	2,635	6,935	-6,656
Total other expense	-58,846	-42,242	-38,379	-56,635
Net loss before income taxes	-38,405	-45,110	-23,372	-37,113
Income tax expense	1,793	-8,697	385	-16,749
Income (loss) from continuing operations	-	-36,413*	-23,757	-20,364
Income (loss) from discontinued operation, net of tax	-	0*	0	0
Net loss	-40,198	-36,413	-23,757	-20,364
Less, net loss attributable to noncontrolling interest	-5,879	-8,087	-7,507	-7,781
Net loss attributable to forward air	-34,319	-28,326	-16,250	-12,583

Basic EPS	-1.09	-0.906	-0.52	-0.41
Diluted EPS	-1.09	-0.906	-0.52	-0.41
Basic Average Shares	31,476,000	31,278,000	30,972,000	30,429,000
Diluted Average Shares	31,476,000	31,278,000	30,972,000	30,429,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.