FWRD FY 2025 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$706M

FY 2025 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$2.5B+0.8% YoY

Gross Profit

$511M20.5% margin

Operating Income

$36M1.5% margin

Net Income

-$108M-4.3% margin

EPS (Diluted)

$-3.48

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$15M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.6B

Stockholders' Equity

$113M

Cash & Equivalents

$106M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.5B	+0.8%
Gross Profit	$511M	$340M	+50.4%
Operating Income	$36M	-$1.1B	+103.4%
Net Income	-$108M	-$817M	+86.8%