Forward Air Corp. (FWRD)
NASDAQ:FWRD
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Forward Air (FWRD) Income Statement

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Forward Air Income Statement

Last quarter (Q2 2024), Forward Air's total revenue was $643.67M, an increase of 33.76% from the same quarter last year. In Q2, Forward Air's net income was $-645.43M. See Forward Air’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 1.60B$ 1.37B$ 1.97B$ 1.66B$ 1.27B$ 1.22B
Cost of Revenue
$ 538.47M$ 1.04B$ 375.55M$ 892.29M$ 1.04B$ 961.39M
Gross Profit
$ 1.06B$ 330.15M$ 1.60B$ 770.14M$ 229.11M$ 253.80M
Operating Expense
$ 703.57M$ 241.94M$ 906.55M$ -833.08M$ 155.19M$ 141.38M
Operating Income
$ -1.02B$ 88.21M$ 265.98M$ 159.30M$ 73.92M$ 112.42M
Net Non Operating Interest Income Expense
$ -28.92M$ -31.57M$ -5.14M$ -4.34M$ -4.56M$ -2.71M
Other Income Expense
$ -40.00K---$ -3.00K$ -1.00K
Pretax Income
$ -1.10B$ 56.64M$ 260.84M$ 154.96M$ 69.36M$ 109.70M
Tax Provision
$ -164.66M$ 13.84M$ 67.65M$ 38.87M$ 16.59M$ 27.38M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ -487.87M$ 166.49M$ 42.71M$ 116.09M$ 23.35M$ 86.15M
Basic EPS
$ -17.38$ 6.42$ 7.17$ 3.88$ 0.84$ 3.06
Diluted EPS
$ -17.39$ 6.40$ 7.14$ 3.85$ 0.84$ 3.04
Basic Average Shares
$ 104.76M$ 25.91M$ 26.78M$ 27.16M$ 27.63M$ 28.20M
Diluted Average Shares
$ 105.04M$ 26.00M$ 26.93M$ 27.29M$ 27.70M$ 28.31M
Dividend Per Share
$ 0.72$ 0.96$ 0.96$ 0.84$ 0.75$ 0.72
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
----$ 69.72M$ 63.09M
Total Expenses
$ 1.19B$ 1.28B$ 1.28B$ 59.21M$ 1.20B$ 1.10B
Interest Expense
----$ 4.56M$ 2.71M
Net Income From Continuing And Discontinued Operation
$ -487.37M$ 167.35M$ 42.71M$ 116.09M$ 23.73M$ 87.10M
Normalized Income
$ -242.97M-$ 206.06M-$ 52.77M$ 82.32M
Ebit
$ -1.02B$ 88.21M$ 260.84M$ 154.96M$ 73.92M$ 112.42M
Ebitda
$ -930.89M$ 145.62M$ 308.22M$ 194.51M$ 111.05M$ 148.81M
Currency in USD

Forward Air Earnings and Revenue History

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