Forward Air Corporation
Forward Air Corporation (Nasdaq: FWRD) is an asset-light transportation and logistics provider serving customers across North and South America, Europe and Asia. Its services include expedited ground transportation, air and ocean freight forwarding, intermodal drayage, contract logistics and supply chain management,… From the company’s description.
Over the twelve months to Jun 30, 2026, Forward Air Corporation reported revenue of $2.52B, down 0.1% from a year earlier, and a net loss of $346.30M. Its operating margin was −6.7%, and operations generated $70.84M in cash. In fiscal 2025, it reported revenue of $2.50B, up 0.8% from fiscal 2024, and a net loss of $141.72M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Forward Air Corporation does
In the company’s own words
Forward Air Corporation (Nasdaq: FWRD) is an asset-light transportation and logistics provider serving customers across North and South America, Europe and Asia. Its services include expedited ground transportation, air and ocean freight forwarding, intermodal drayage, contract logistics and supply chain management, often for time-sensitive or high-value shipments. The company operates three reportable segments: Expedited Freight, which provides regional, inter-regional and national less-than-truckload and related services and generated approximately 40% of 2025 revenue; Omni Logistics, which provides domestic and international forwarding, fulfillment, customs brokerage, warehousing and distribution and contributed approximately 50%; and Intermodal, which provides container drayage and related warehouse and handling services and accounted for approximately 10%. Customers include freight forwarders, third-party logistics companies, airlines, steamship lines and corporate shippers in sectors such as technology, manufacturing, retail and life sciences. Forward Air completed its acquisition of Omni in January 2024, expanding its forwarding and contract logistics operations internationally. At December 31, 2025, it had 6,062 full-time employees. Its website is www.forwardair.com.
Company details
- Sector
- Industrials
- Industry (SIC)
- Transportation & Utilities
- Headquarters
- DALLAS, TX
- Fiscal year end
- December
- CIK
- 912728
- SIC
- 4731
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Forward Air Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Forward Air Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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