FWRD Q4 2024 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$706M

Q4 2024 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$633M+394.3% YoY

Gross Profit

$92M14.5% margin

Operating Income

-$3M-0.5% margin

Net Income

-$36M-5.8% margin

EPS (Diluted)

$-1.24

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

-$24M

Free Cash Flow

-$31M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.5B

Stockholders' Equity

$202M

Cash & Equivalents

$105M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$633M	$128M	+394.3%
Gross Profit	$92M	$36M	+153.9%
Operating Income	-$3M	-$8M	+59.9%
Net Income	-$36M	$102M	-135.8%

Revenue Segments

Expedited Freight Segment

$557M82%

Intermodal Segment

$119M18%