Forward Air annual gross profit
2016
2017
2018
2019
2020
2022
2023
2024
2025
Forward Air Gross Profit Growth & History (FWRD)
Forward Air's gross profit was $338.2M for fiscal 2025.
View full Forward Air company overviewForward Air annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $338.2M | −$1.5M | −0.43% |
| 2024 | 2024-12-31 | $339.7M | $9.5M | +2.88% |
| 2023 | 2023-12-31 | $330.2M | −$161.5M | −32.85% |
| 2022 | 2022-12-31 | $491.7M | — | — |
| 2020 | 2020-12-31 | $618.9M | −$10.1M | −1.61% |
| 2019 | 2019-12-31 | $629.0M | $55.7M | +9.72% |
| 2018 | 2018-12-31 | $573.3M | −$51.0M | −8.16% |
| 2017 | 2017-12-31 | $624.3M | $54.8M | +9.63% |
| 2016 | 2016-12-31 | $569.4M | — | — |
Forward Air quarterly gross profit
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $111.9M | $33.5M | +42.67% |
| Q1 2026 | 2026-03-31 | $89.5M | — | — |
| Q4 2025 | 2025-12-31 | $95.9M | — | — |
| Q3 2025 | 2025-09-30 | $88.5M | — | — |
| Q2 2025 | 2025-06-30 | $78.5M | — | — |
| Q4 2019 | 2019-12-31 | $62.9M | $3.1M | +5.17% |
| Q3 2019 | 2019-09-30 | $198.1M | $22.1M | +12.58% |
| Q2 2019 | 2019-06-30 | $190.6M | $16.0M | +9.17% |
| Q1 2019 | 2019-03-31 | $177.5M | $14.5M | +8.91% |
| Q4 2018 | 2018-12-31 | $59.8M | — | — |
| Q3 2018 | 2018-09-30 | $175.9M | — | — |
| Q2 2018 | 2018-06-30 | $174.6M | — | — |
| Q1 2018 | 2018-03-31 | $162.9M | — | — |
Forward Air gross profit trends
Over the last five fiscal years, Forward Air's gross profit decreased from $618.9M to $338.2M, a change of −$280.7M. The latest reported quarter, Q2 2026, shows $111.9M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Forward Air source filings ↗