Last quarter (Q2 2023), Forward Air's total revenue was $402.18M, a decrease of -21.94% from the same quarter last year. In Q2, Forward Air's net income was $19.95M. See Forward Air’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Total Revenue	$ 1.82B	$ 1.97B	$ 1.66B	$ 1.27B	$ 1.22B	$ 1.14B
Cost of Revenue	$ 892.87M	$ 375.55M	$ 892.29M	$ 1.04B	$ 961.39M	$ 904.13M
Gross Profit	$ 1.10B	$ 1.60B	$ 770.14M	$ 229.11M	$ 253.80M	$ 233.49M
Operating Expense	$ 214.79M	$ 906.55M	$ -833.08M	$ 155.19M	$ 141.38M	$ 116.27M
Operating Income	$ 213.80M	$ 265.98M	$ 159.30M	$ 73.92M	$ 112.42M	$ 117.22M
Net Non Operating Interest Income Expense	$ -8.10M	$ -5.14M	$ -4.34M	$ -4.56M	$ -2.71M	$ -1.78M
Other Income Expense	-	-	-	$ -3.00K	$ -1.00K	$ -2.00K
Pretax Income	$ 37.97M	$ 260.84M	$ 154.96M	$ 69.36M	$ 109.70M	$ 115.43M
Tax Provision	$ 54.30M	$ 67.65M	$ 38.87M	$ 16.59M	$ 27.38M	$ 26.87M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 151.07M	$ 42.71M	$ 116.09M	$ 23.35M	$ 86.15M	$ 91.17M
Basic EPS	$ 5.68	$ 7.17	$ 3.88	$ 0.84	$ 3.06	$ 3.12
Diluted EPS	$ 5.66	$ 7.14	$ 3.85	$ 0.84	$ 3.04	$ 3.12
Basic Average Shares	$ 105.84M	$ 26.78M	$ 27.16M	$ 27.63M	$ 28.20M	$ 29.08M
Diluted Average Shares	$ 106.34M	$ 26.93M	$ 27.29M	$ 27.70M	$ 28.31M	$ 29.19M
Dividend Per Share	$ 0.96	$ 0.96	$ 0.84	$ 0.75	$ 0.72	$ 0.63
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	$ 1.93	-	-	-	-	-
Rent Expense Supplemental	$ 24.96M	-	-	$ 69.72M	$ 63.09M	$ 58.19M
Total Expenses	$ 1.11B	$ 1.28B	$ 59.21M	$ 1.20B	$ 1.10B	$ 1.02B
Interest Expense	$ 1.54M	-	-	$ 4.56M	$ 2.71M	$ 1.78M
Net Income From Continuing And Discontinued Operation	$ 151.39M	$ 42.71M	$ 116.09M	$ 23.73M	$ 87.10M	$ 92.05M
Normalized Income	$ 73.96M	$ 206.06M	-	$ 52.77M	$ 82.32M	$ 88.56M
Ebit	$ 46.07M	$ 260.84M	$ 154.96M	$ 73.92M	$ 112.42M	$ 117.21M
Ebitda	$ 98.88M	$ 308.22M	$ 194.51M	$ 111.05M	$ 148.81M	$ 153.04M

Currency in USD

Forward Air Earnings and Revenue History

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