FWRD

$19.32+5.00%visit website

FORWARD AIR CORP

Market Cap

$653M

Live price × SEC shares (Jul 29, 2026)

Sector

Industrials

Industry

Logistics & Transportation

Beta (raw)

1.27

60mo monthly vs SPY

P/E (TTM)

N/M

TTM to Jun 2026 · negative earnings

P/S (TTM)

0.3

TTM to Jun 2026 · revenue

P/B

N/M

TTM to Jun 2026 · negative equity

EV/EBITDA (TTM)

N/M

TTM to Jun 2026 · negative EBITDA

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Financial Statements

USD thousands	Q3 FY2025 Sep 30, 2025	Q4 FY2025 Dec 31, 2025	Q1 FY2026 Mar 31, 2026	Q2 FY2026 Jun 30, 2026	TTM Jun 30, 2026
Revenue	631,763	631,230	582,046	673,036	2,518,075
Operating income	15,007	(2,868)	20,441	(201,312)	(168,732)
Interest expense	44,775	45,099	43,587	43,721	177,182
Pretax income	(23,372)	(45,110)	(38,405)	(244,030)	(350,917)
Income tax	385	(8,697)	1,793	(174)	(6,693)
Net income	(16,250)	(28,326)	(34,319)	(207,300)	(286,195)
EPS (basic) ($)	(0.52)		(1.09)	(6.38)	(8.96)
EPS (diluted) ($)	(0.52)		(1.09)	(6.38)	(8.96)
Weighted avg. shares (basic)	30,972		31,476	32,481
Weighted avg. shares (diluted)	30,972		31,476	32,481

Source: SEC XBRL filings (10-K, 10-Q). Per-share data in dollars; shares in thousands. Latest: 10-Q filed Aug 5, 2026, period ended Jun 30, 2026. flagged for review— withheld, failed a consistency check restated or split-adjustedhover a value for its source

Showing the last 5 quarters. 65 more quarters, back to Jun 2009, with Tormere Pro.

Corporate Events (8-K)

9 filings in 12 months · 0 with priority itemsFull history →

Filed	Items	Filing
Oct 28, 2026 accepted 8:19 AM ET	8.01Other events	Document SEC ↗
Aug 5, 2026 accepted 4:00 PM ET	2.02Earnings release	Document SEC ↗
Jul 21, 2026 accepted 8:56 AM ET	7.01Reg FD disclosure	Document SEC ↗
Jul 10, 2026 accepted 4:40 PM ET	5.02Officer / director change	Document SEC ↗
Jun 17, 2026 accepted 4:01 PM ET	5.07Shareholder vote	Document SEC ↗
May 7, 2026 accepted 4:00 PM ET	2.02Earnings release	Document SEC ↗
Apr 29, 2026 accepted 4:51 PM ET	5.02Officer / director change	Document SEC ↗
Feb 23, 2026 accepted 4:01 PM ET	2.02Earnings release	Document SEC ↗
Nov 5, 2025 accepted 4:00 PM ET	2.02Earnings release	Document SEC ↗
Oct 15, 2025 accepted 7:59 AM ET	5.02Officer / director change	Document SEC ↗

Signals

purchases / sales, 90d

Short Volume

40%

W/W -7.4pp

Market & Alt Data

News

Factor Profile

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Sort by

Type

Trade Date	Filed	Owner	Role	Type	Shares	Price	Value	Owned After
2025-11-12	2026-02-17	Cetus Capital VI, L.P.	10% Owner	Sale	10.0K	$22.38	$224K	3.12M	View
2025-11-11	2026-02-17	Cetus Capital VI, L.P.	10% Owner	Sale	67.2K	$21.71	$1.46M	3.13M	View
2025-11-10	2026-02-17	Cetus Capital VI, L.P.	10% Owner	Sale	120.0K	$21.83	$2.62M	3.19M	View
2025-11-06	2026-02-17	Cetus Capital VI, L.P.	10% Owner	Sale	75.0K	$21.85	$1.64M	3.31M	View
2025-10-20	2026-02-17	Cetus Capital VI, L.P.	10% Owner	Purchase	225.0K	$17.93	$4.03M	3.39M	View

1–5 of 6

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Gov Contracts

Agency	Amount	Awarded
Department of Energy	$2.7B	—

Recent News

XPO (XPO) Beats Q3 Earnings Estimates

Yahoo · 2026-10-29

Forward Air saves ‘significant portion’ of major customer account

Yahoo · 2026-10-28

Forward Air Announces Two-Year Definitive Agreement to Retain Significant Portion of Previously Disclosed Customer Relationship

Yahoo · 2026-10-28

Landstar System (LSTR) Surpasses Q3 Earnings and Revenue Estimates

Yahoo · 2026-10-27

Forward Air Corporation Announces Timing of Third Quarter 2026 Earnings Release and Conference Call

Yahoo · 2026-10-15

Forward Air (FWRD) Stock Fair Value Moves Lower As Analysts Cut Growth Assumptions

Yahoo · 2026-10-14

Stifel Maintains Buy on Forward Air, Lowers Price Target to $24

Benzinga · 2026-10-08

Under the Radar: 3 Unlikely Stocks With 10-Bagger Potential

Benzinga · 2026-10-06

Forward's 5th Annual Drive for Hope Golf Tournament Raises Record-Breaking $700,000 for Hope For The Warriors

Yahoo Finance · 2026-10-01

Forward Air’s (FWRD) Record Revenue Comes With a Massive Asterisk

Yahoo Finance · 2026-09-11

Forward Air (FWRD) Stock Fair Value Rises After Analysts Back Updated Customer Contract

Yahoo Finance · 2026-08-22

Forward Air (FWRD) Stock Jumps As EBITDA Improves Despite Deepening Losses

Simply Wall St · 2026-08-07

Forward Air Corp (FWRD) (Q2 2026) Earnings Call Highlights: Record Revenue and Strategic Wins ...

Yahoo Finance · 2026-08-06

Forward Air Q2 Earnings Call Highlights

Yahoo Finance · 2026-08-06

Forward Air takes step in right direction in Q2

Yahoo Finance · 2026-08-05

Informational purposes only, not investment advice.

FWRD

Financial Statements

Corporate Events (8-K)

Signals

Factor Profile

Gov Contracts

Recent News

FORWARD AIR CORP (FWRD)

Reporting Insiders

Factor Profile

Corporate Events (8-K)

Date	Insider	Type	Shares	Value
2025-11-12	Cetus Capital VI, L.P.	S	10,000	$223,800
2025-11-11	Cetus Capital VI, L.P.	S	67,163	$1M
2025-11-10	Cetus Capital VI, L.P.	S	90,000	$2M
2025-11-10	Cetus Capital VI, L.P.	S	30,000	$679,800
2025-11-06	Cetus Capital VI, L.P.	S	74,716	$2M