Forward Air annual revenue
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Forward Air Revenue Growth & History (FWRD)
Forward Air reported $2.50B in revenue for fiscal 2025, an increase of 0.84% from the previous fiscal year.
View full Forward Air company overviewForward Air annual revenue and growth
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.50B | $20.9M | +0.84% |
| 2024 | 2024-12-31 | $2.47B | $1.10B | +80.51% |
| 2023 | 2023-12-31 | $1.37B | −$308.9M | −18.39% |
| 2022 | 2022-12-31 | $1.68B | $292.4M | +21.08% |
| 2021 | 2021-12-31 | $1.39B | $117.7M | +9.27% |
| 2020 | 2020-12-31 | $1.27B | $54.4M | +4.48% |
| 2019 | 2019-12-31 | $1.22B | $77.6M | +6.82% |
| 2018 | 2018-12-31 | $1.14B | −$31.7M | −2.71% |
| 2017 | 2017-12-31 | $1.17B | $139.1M | +13.51% |
| 2016 | 2016-12-31 | $1.03B | $71.1M | +7.41% |
| 2015 | 2015-12-31 | $959.1M | $178.2M | +22.81% |
| 2014 | 2014-12-31 | $781.0M | $128.5M | +19.69% |
| 2013 | 2013-12-31 | $652.5M | $68.0M | +11.64% |
| 2012 | 2012-12-31 | $584.4M | $48.0M | +8.96% |
| 2011 | 2011-12-31 | $536.4M | $52.5M | +10.84% |
| 2010 | 2010-12-31 | $483.9M | $66.5M | +15.94% |
| 2009 | 2009-12-31 | $417.4M | −$57.0M | −12.02% |
| 2008 | 2008-12-31 | $474.4M | — | — |
Forward Air quarterly revenue
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| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $673.0M | $54.2M | +8.76% |
| Q1 2026 | 2026-03-31 | $582.0M | −$31.2M | −5.09% |
| Q4 2025 | 2025-12-31 | $631.2M | −$1.6M | −0.26% |
| Q3 2025 | 2025-09-30 | $631.8M | −$24.2M | −3.69% |
| Q2 2025 | 2025-06-30 | $618.8M | −$24.8M | −3.86% |
| Q1 2025 | 2025-03-31 | $613.3M | $71.5M | +13.19% |
| Q4 2024 | 2024-12-31 | $632.8M | $294.4M | +87.00% |
| Q3 2024 | 2024-09-30 | $655.9M | $315.0M | +92.37% |
| Q2 2024 | 2024-06-30 | $643.7M | $310.0M | +92.93% |
| Q1 2024 | 2024-03-31 | $541.8M | $184.1M | +51.47% |
| Q4 2023 | 2023-12-31 | $338.4M | −$64.6M | −16.03% |
| Q3 2023 | 2023-09-30 | $341.0M | −$92.2M | −21.29% |
| Q2 2023 | 2023-06-30 | $333.6M | −$108.6M | −24.55% |
| Q1 2023 | 2023-03-31 | $357.7M | −$43.5M | −10.84% |
| Q4 2022 | 2022-12-31 | $403.0M | $218.3M | +118.18% |
| Q3 2022 | 2022-09-30 | $433.2M | $13.6M | +3.24% |
| Q2 2022 | 2022-06-30 | $442.2M | $21.5M | +5.12% |
| Q1 2022 | 2022-03-31 | $401.2M | $39.0M | +10.77% |
| Q4 2021 | 2021-12-31 | $184.7M | −$165.6M | −47.27% |
| Q3 2021 | 2021-09-30 | $419.6M | $87.6M | +26.39% |
| Q2 2021 | 2021-06-30 | $420.7M | $139.0M | +49.34% |
| Q1 2021 | 2021-03-31 | $362.2M | $56.6M | +18.54% |
| Q4 2020 | 2020-12-31 | $350.3M | $30.7M | +9.60% |
| Q3 2020 | 2020-09-30 | $332.0M | −$29.7M | −8.20% |
| Q2 2020 | 2020-06-30 | $281.7M | −$64.1M | −18.53% |
| Q1 2020 | 2020-03-31 | $305.6M | −$15.9M | −4.95% |
| Q4 2019 | 2019-12-31 | $319.7M | −$36.9M | −10.35% |
| Q3 2019 | 2019-09-30 | $361.7M | $30.3M | +9.14% |
| Q2 2019 | 2019-06-30 | $345.8M | $15.4M | +4.67% |
| Q1 2019 | 2019-03-31 | $321.5M | $18.9M | +6.23% |
| Q4 2018 | 2018-12-31 | $356.6M | $31.4M | +9.67% |
| Q3 2018 | 2018-09-30 | $331.4M | $33.1M | +11.09% |
| Q2 2018 | 2018-06-30 | $330.3M | $46.5M | +16.37% |
| Q1 2018 | 2018-03-31 | $302.6M | $40.6M | +15.48% |
| Q4 2017 | 2017-12-31 | $325.1M | $60.3M | +22.79% |
| Q3 2017 | 2017-09-30 | $298.3M | $48.7M | +19.53% |
| Q2 2017 | 2017-06-30 | $283.9M | $45.2M | +18.96% |
| Q1 2017 | 2017-03-31 | $262.0M | $32.5M | +14.16% |
| Q4 2016 | 2016-12-31 | $264.8M | $8.4M | +3.27% |
| Q3 2016 | 2016-09-30 | $249.6M | $2.5M | +1.00% |
| Q2 2016 | 2016-06-30 | $238.6M | −$11.1M | −4.43% |
| Q1 2016 | 2016-03-31 | $229.5M | $23.6M | +11.48% |
| Q4 2015 | 2015-12-31 | $256.4M | $42.4M | +19.79% |
| Q3 2015 | 2015-09-30 | $247.1M | $45.6M | +22.64% |
| Q2 2015 | 2015-06-30 | $249.7M | $55.8M | +28.81% |
| Q1 2015 | 2015-03-31 | $205.9M | $34.3M | +20.02% |
| Q4 2014 | 2014-12-31 | $214.1M | $33.0M | +18.21% |
| Q3 2014 | 2014-09-30 | $201.5M | $31.4M | +18.49% |
| Q2 2014 | 2014-06-30 | $193.9M | $34.0M | +21.31% |
| Q1 2014 | 2014-03-31 | $171.6M | $30.0M | +21.20% |
| Q4 2013 | 2013-12-31 | $181.1M | $25.6M | +16.43% |
| Q3 2013 | 2013-09-30 | $170.0M | $26.5M | +18.48% |
| Q2 2013 | 2013-06-30 | $159.8M | $11.5M | +7.74% |
| Q1 2013 | 2013-03-31 | $141.6M | $4.5M | +3.27% |
| Q4 2012 | 2012-12-31 | $155.5M | $7.3M | +4.90% |
| Q3 2012 | 2012-09-30 | $143.5M | $7.8M | +5.72% |
| Q2 2012 | 2012-06-30 | $148.3M | $16.1M | +12.20% |
| Q1 2012 | 2012-03-31 | $137.1M | $16.9M | +14.04% |
| Q4 2011 | 2011-12-31 | $148.3M | $15.0M | +11.22% |
| Q3 2011 | 2011-09-30 | $135.7M | $14.2M | +11.71% |
| Q2 2011 | 2011-06-30 | $132.2M | $10.1M | +8.24% |
| Q1 2011 | 2011-03-31 | $120.2M | $13.2M | +12.36% |
| Q4 2010 | 2010-12-31 | $133.3M | — | — |
| Q3 2010 | 2010-09-30 | $121.5M | $18.4M | +17.89% |
| Q2 2010 | 2010-06-30 | $122.1M | $22.4M | +22.50% |
| Q1 2010 | 2010-03-31 | $107.0M | — | — |
| Q3 2009 | 2009-09-30 | $103.1M | — | — |
| Q2 2009 | 2009-06-30 | $99.7M | — | — |
Forward Air revenue growth trends
Over the last five reported fiscal years, revenue grew from $1.27B to $2.50B, a compound annual growth rate of 14.47%. Forward Air's latest reported quarter, Q2 2026, generated $673.0M in revenue, an increase of 8.76% year over year.
About the data
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Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
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