Forward Air Stock Income Statements

Forward Air Quarterly Income Statements Chart

Quarterly

Annual

Operating Profit

Net Income

Forward Air Quarterly Income Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2021-12-31	2020-12-31	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2005-09-30	2005-06-30	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-06-30	2002-03-31

operating revenue	618,844,000	613,281,000	632,846,000	655,937,000	643,666,000	541,813,000								342,509,000	381,504,000	361,663,000	345,756,000	321,471,000	356,575,000	331,375,000	330,343,000	302,608,000	306,100,000	280,201,000	267,518,000	246,982,000	264,763,000	249,552,000	238,637,000	229,549,000	256,420,000	247,093,000	249,694,000	205,918,000	214,062,000	201,477,000	193,852,000	171,569,000																											87,353,000	93,208,000	90,441,000	86,779,000	84,841,000	77,488,000	71,905,000	68,410,000	64,303,000	65,184,000	60,513,000	59,174,000	56,646,000		56,355,000	52,898,000
operating expenses:
purchased transportation	303,300,000	304,262,000	319,498,000	332,469,000	321,587,000	277,015,000	28,569,000	190,766,000	181,643,000	185,217,000				160,134,000	176,263,000	163,606,000	155,124,000	144,014,000	162,767,000	155,451,000	155,716,000	139,666,000	136,183,000	123,326,000	115,609,000	103,083,000	112,617,000	105,039,000	99,267,000	96,476,000	107,516,000	104,434,000	107,482,000	89,337,000	92,317,000	85,874,000	82,834,000	73,551,000																											37,974,000	41,213,000	37,939,000	35,134,000	35,512,000	31,003,000	30,568,000	27,925,000	26,994,000	27,889,000	25,519,000	24,698,000	23,957,000		24,418,000	22,364,000
salaries, wages and employee benefits	145,490,000	141,915,000	101,595,500	133,516,000	144,000,000	128,867,000	33,201,000	88,159,000	86,686,000	79,520,000				86,672,000	91,264,000	87,259,000	80,278,000	76,362,000	54,420,500	76,028,000	72,073,000	69,581,000	47,820,500	64,882,000	64,402,000	61,998,000	43,964,250	60,161,000	57,018,000	58,678,000	65,789,000	59,025,000	61,886,000	53,903,000	50,641,000	45,651,000	44,391,000	41,422,000	41,948,000	39,165,000	36,031,000	33,952,000	37,598,000	31,698,000	32,536,000	33,174,000	35,315,000	33,402,000	31,439,000	30,495,000	33,426,000	31,845,000	33,167,000	30,670,000	29,670,000	28,591,000	29,187,000	29,056,000	4,448,000	28,504,000	29,404,000	26,447,000	22,026,000	19,964,000	19,013,000	18,940,000	18,385,000	18,330,000	17,486,000	16,367,000	15,609,000	15,110,000	14,673,000	14,381,000	13,464,000	13,424,000	12,998,000		12,226,000	11,956,000
operating leases	49,505,000	48,792,000	48,326,000	48,810,000	46,258,000	38,803,000	11,319,000	22,662,000	26,184,000	27,248,000				23,564,000	21,989,000	20,521,000	20,326,000	19,173,000	21,060,000	18,671,000	18,006,000	17,964,000	16,595,000	16,809,000	14,796,000	15,601,000	15,816,000	16,215,000	14,601,000	13,868,000	15,167,000	17,072,000	18,277,000	15,756,000	8,975,000	8,503,000	8,165,000	8,351,000	8,387,000	6,991,000	6,888,000	7,044,000	7,163,000	6,895,000	6,824,000	7,106,000	7,039,000	6,672,000	6,705,000	6,706,000	6,864,000	6,508,000	6,252,000	6,629,000	3,963,000	6,631,000	6,820,000	6,989,000	-157,000	6,183,000	5,884,000	4,851,000	4,474,000	3,882,000	3,735,000	3,839,000	3,750,000	3,422,000	3,448,000	3,376,000	3,279,000	3,191,000	3,262,000	3,477,000	3,250,000	3,289,000	3,086,000		2,977,000	3,011,000
depreciation and amortization	36,806,000	37,360,000	37,657,000	25,893,000	48,639,000	31,786,000	13,751,000	15,506,000	14,513,000	13,635,000				10,629,000	10,073,000	10,528,000	10,681,000	10,827,000	10,854,000	10,295,000	10,362,000	10,690,000	10,522,000	10,326,000	10,219,000	10,033,000	9,791,000	9,399,000	9,341,000	9,668,000	9,556,000	9,399,000	9,519,000	8,684,000	8,254,000	8,115,000	7,751,000	7,013,000	6,202,000	6,220,000	5,971,000	5,186,000	5,081,000	5,425,000	5,394,000	5,121,000	5,259,000	5,429,000	5,222,000	5,082,000	5,167,000	5,228,000	5,107,000	4,949,000	1,928,000	5,006,000	4,823,000	4,858,000	-1,006,000	4,134,000	3,998,000	3,698,000	2,855,000	2,494,000	2,380,000	2,400,000	2,083,000	2,052,000	2,815,000	1,969,000	1,692,000	1,696,000	1,699,000	1,823,000	1,888,000	1,775,000	1,777,000		1,881,000	1,886,000
insurance and claims	15,536,000	15,007,000	19,721,000	17,382,000	14,698,000	12,881,000	9,365,000	13,626,000	13,360,000	13,782,000				11,770,000	11,909,000	10,930,000	13,229,000	9,371,000	8,758,000	9,203,000	10,086,000	7,153,000	8,221,000	7,844,000	7,730,000	5,806,000	6,187,000	7,170,000	6,648,000	5,395,000	4,952,000	5,161,000	6,240,000	5,130,000	4,758,000	3,747,000	3,104,000	4,127,000	3,455,000	3,290,000	3,215,000	2,660,000	3,177,000	3,098,000	2,236,000	2,798,000	2,658,000	2,120,000	1,845,000	2,175,000	2,442,000	1,546,000	2,106,000	2,331,000	1,115,000	2,045,000	2,223,000	2,716,000	1,995,000	1,816,000	1,614,000	2,260,000	1,649,000	1,900,000	1,702,000	1,220,000	1,556,000	1,710,000	841,000	1,839,000	1,297,000	1,827,000	1,423,000	1,013,000	1,508,000	1,308,000	1,324,000		1,445,000	1,345,000
fuel expense	5,278,000	5,649,000	5,500,000	4,855,000	5,859,000	5,246,000	5,029,000	5,917,000	5,274,000	5,784,000				5,340,000	6,579,000	6,105,000	5,929,000	5,608,000	6,314,000	5,634,000	5,598,000	5,554,000	5,052,000	4,096,000	3,671,000	3,680,000	3,825,000	3,416,000	2,999,000	2,961,000	3,869,000	3,826,000	4,188,000	4,020,000	5,158,000	5,012,000	5,172,000	4,806,000	4,610,000	3,871,000	3,656,000	3,008,000	2,767,000	2,318,000	2,412,000	2,541,000	2,684,000	2,406,000	2,564,000	2,388,000	2,410,000	1,949,000	2,044,000	2,058,000	6,266,000	1,880,000	1,637,000	1,682,000	2,116,500	3,052,000	3,289,000
other operating expenses	43,407,000	55,533,000	75,333,000	55,564,000	65,666,000	112,947,000	34,809,000	61,318,000	44,311,000	51,371,000				32,698,000	30,577,000	32,025,000	29,639,000	31,382,000	29,188,000	26,214,000	25,632,000	27,765,000	27,405,000	26,020,000	21,282,000	23,592,000	22,182,000	23,452,000	20,669,000	21,098,000	20,557,000	23,575,000	22,194,000	20,839,000	18,324,000	17,669,000	14,840,000	16,028,000	14,052,000	12,428,000	11,285,000	12,921,000	10,528,000	11,352,000	10,598,000	10,354,000	9,297,000	9,311,000	10,332,000	9,747,000	9,320,000	7,764,000	9,263,000	9,784,000	11,997,000	8,767,000	8,161,000	9,056,000	6,033,000	9,583,000	9,181,000	10,507,000	8,554,000	7,228,000	6,710,000	6,711,000	6,940,000	6,364,000	6,070,000	6,143,000	5,653,000	5,257,000	5,517,000	5,026,000	4,865,000	4,663,000	4,933,000		4,916,000	4,546,000
impairment of goodwill			-79,068,000	14,751,000	1,092,714,000
total operating expenses	599,322,000	608,518,000	556,991,000	633,240,000	1,739,421,000	607,545,000	136,043,000	397,954,000	371,971,000	376,557,000				330,807,000	348,654,000	330,974,000	315,206,000	296,737,000	321,459,000	301,496,000	297,473,000	278,373,000	277,396,000	253,303,000	237,709,000	223,793,000	236,519,000	224,852,000	252,985,000	208,144,000	227,406,000	222,492,000	229,786,000	197,669,000	188,427,000	174,571,000	166,257,000	155,298,000	157,882,000	147,176,000	137,299,000	125,770,000	131,491,000	123,888,000	125,243,000	120,292,000	124,631,000	115,429,000	112,316,000	106,915,000	114,632,000	106,017,000	108,630,000	100,922,000	111,277,000	96,408,000	94,824,000	101,642,000	26,944,000	102,156,000	101,301,000	91,288,000	80,842,000	74,834,000	71,514,000	74,323,000	70,653,000	67,012,000	66,172,000	60,697,000	58,098,000
income from continuing operations	19,522,000		75,855,000	22,697,000	-1,095,755,000	-65,732,000
other income and expenses:
interest expense	-45,326,000	-45,547,000	-48,427,000	-52,770,000	-47,265,000	-40,753,000	-23,976,000	-2,655,000	-2,585,000	-2,355,000				853,000	-795,000	-761,000	-581,000	-575,000	-473,000	-472,000	-483,000	-371,000	-394,000	-288,000	-236,000	-282,000	-370,000	-216,000	-461,000	-553,000	-558,000	-554,000	-570,000	-364,000	-255,000	-172,000	-101,000	-82,000	-131,000	-145,000	-128,000	-128,000	-150,000	-111,000	-79,000	-51,000	-151,000	-131,000	-141,000	-195,000	-173,000	-191,000	-181,000	-185,000	-767,000	-177,000	-150,000	-141,000	348,000	-210,000	-328,000	-301,000	-55,000	-41,000	-40,000	-14,500	-17,000	-16,000	-24,000	-31,000	-14,000	-14,000	-14,000	-15,000	-17,000	-18,000	-21,000		-94,000	-102,000
foreign exchange gain	-4,653,000		3,005,000	-2,812,000	1,567,000
other income	-6,656,000	104,000	1,188,000	-11,000	40,000	9,000
total other income	-56,635,000	-46,365,000	-44,234,000	-55,593,000	-45,658,000	-41,412,000	-23,976,000	-2,655,000	-2,585,000	-2,355,000				853,000	-795,000	-760,000	-582,000	-576,000	-471,000	-473,000	-484,000	-371,000	-383,000	-290,000	-218,000	-308,000	-221,000	-220,000	-578,000	-582,000	-489,000	-544,000	-659,000	-412,000	-110,000	-227,000	11,000	4,000	-104,000	-118,000	-114,000	-96,000	-130,000	-132,000	-81,000	-34,000	-134,000	-121,000	-110,000	-179,000	-121,000	-165,000	-200,000	-155,000	-455,000	-126,000	-130,000	-163,000	1,779,000	-95,000	-272,000	-147,000	249,000	428,000	713,000	892,000	776,000	871,000	563,000	2,191,000	291,000
net income from continuing operations before income taxes	-37,113,000
income tax (benefit) expense	-16,749,000	19,589,000	-47,997,500	1,302,000	-174,942,000	-18,350,000																							-4,860,000																												1,899,000	-2,085,000
net income from continuing operations	-20,364,000		-35,378,000	-34,198,000	-966,471,000	-88,794,000
income from discontinued operations, net of tax
net income	-20,364,000	-61,191,000	-35,752,000	-35,335,000	-971,347,000	-88,794,000																																									14,449,000	12,912,000	11,969,000	7,869,000	11,817,000	8,888,000	7,912,000	3,419,000	39,024,000	3,779,000	2,844,000	-3,104,000	10,719,000	12,097,000	12,102,000	10,008,000	10,753,000	11,475,000	10,293,000	12,169,000	12,725,000	13,021,000	12,065,000	11,954,000	9,012,000	8,508,000	6,808,000	7,702,000	6,329,000	6,349,000	5,435,000		5,349,000	4,897,000
yoy	-97.90%	-31.09%																																													22.27%	45.27%	51.28%	130.16%	-69.72%	135.19%	178.20%	-210.15%	264.06%	-68.76%	-76.50%	-131.02%	-0.32%	5.42%	17.58%	-17.76%	-15.50%	-11.87%	-14.69%	1.80%	41.20%	53.04%	77.22%	55.21%	42.39%	34.01%	25.26%		18.32%	29.65%
qoq	-66.72%	71.15%	1.18%	-96.36%	993.93%																																										11.90%	7.88%	52.10%	-33.41%	32.95%	12.34%	131.41%	-91.24%	932.65%	32.88%	-191.62%	-128.96%	-11.39%	-0.04%	20.92%	-6.93%	-6.29%	11.48%	-15.42%	-4.37%	-2.27%	7.92%	0.93%	32.65%	5.92%	24.97%	-11.61%	21.69%	-0.32%	16.82%			9.23%
net income margin %
net income attributable to noncontrolling interest	-7,781,000		-78,730,750	38,073,000		-27,082,000
net income attributable to forward air	-12,583,000	-50,637,000	-36,416,000	-73,408,000	-645,433,000	-61,712,000
basic and diluted net income per share attributable to forward air:
continuing operations	-0.41		-7.183	-2.62	-23.29	-2.81
discontinued operations			-0.055	-0.04	-0.18
net income per basic and diluted share	-0.41
other comprehensive loss:
foreign currency translation adjustments	4,561	265	-206	176	-849	-151
comprehensive loss	-15,803	-60,926
comprehensive loss attributable to noncontrolling interest	-7,781		-78,730.75	38,073	-325,914	-27,082
comprehensive loss attributable to forward air	-8,022	-50,372
income from operations		4,763,000					24,053,250	15,493,000	30,211,000	50,509,000				11,702,000	32,850,000	30,689,000	30,550,000	24,734,000	35,116,000	29,879,000	32,870,000	24,235,000	28,704,000	26,898,000	29,809,000	23,189,000	28,244,000	24,700,000	-14,348,000	21,405,000	29,014,000	24,601,000	19,908,000	8,249,000	25,635,000	26,906,000	27,595,000	16,271,000	23,203,000	22,857,000	22,505,000	15,790,000	24,034,000	19,626,000	23,083,000	16,789,000	23,628,000	20,320,000	19,876,000	13,286,000	18,678,000	15,505,000	13,502,000	6,055,000	63,767,000	6,671,000	4,873,000	-5,026,000	14,809,000	19,328,000	20,262,000	16,650,000	16,904,000	18,313,000	15,839,000	18,885,000	19,788,000	19,767,000	18,669,000	16,791,000	13,807,000	13,404,000	10,735,000	11,575,000	10,019,000	10,017,000	8,571,000		8,492,000	7,790,000
yoy										331.63%				-52.69%	-6.45%	2.71%	-7.06%	2.06%	22.34%	11.08%	10.27%	4.51%	1.63%	8.90%	-307.76%	8.33%	-2.65%	0.40%	-172.07%	159.49%	13.18%	-8.57%	-27.86%	-49.30%	10.48%	17.71%	22.62%	3.05%	-3.46%	16.46%	-2.50%	-5.95%	1.72%	-3.42%	16.14%	26.37%	26.50%	31.05%	47.21%	119.42%	-70.71%	132.42%	177.08%	-220.47%	330.60%	-65.49%	-75.95%	-130.19%	-12.39%	5.54%	27.92%	-11.83%	-14.57%	-7.36%	-15.16%	12.47%	43.32%	47.47%	73.91%	45.06%	37.81%	33.81%	25.25%		17.98%	28.59%
qoq							55.25%	-48.72%	-40.19%					-64.38%	7.04%	0.45%	23.51%	-29.56%	17.53%	-9.10%	35.63%	-15.57%	6.71%	-9.77%	28.55%	-17.90%	14.35%	-272.15%	-167.03%	-26.23%	17.94%	23.57%	141.34%	-67.82%	-4.72%	-2.50%	69.60%	-29.88%	1.51%	1.56%	42.53%	-34.30%	22.46%	-14.98%	37.49%	-28.94%	16.28%	2.23%	49.60%	-28.87%	20.46%	14.83%	122.99%	-90.50%	855.88%	36.90%	-196.96%	-133.94%	-23.38%	-4.61%	21.69%	-1.50%	-7.69%	15.62%	-16.13%	-4.56%	0.11%	5.88%	11.18%	21.61%	3.01%	24.86%	-7.26%	15.53%	0.02%	16.87%			9.01%
operating margin %
foreign exchange loss		-922,000				-668,000
net income before income taxes		-41,602,000
net income attributable to non-controlling interest		-10,554,000
basic and diluted loss per share attributable to forward air		-1.68
other comprehensive income:
comprehensive loss attributable to non-controlling interest		-10,554
income before income taxes			-320,363,250	-32,896,000	-1,141,413,000	-107,144,000	-31,979,000	12,838,000	27,626,000	48,154,000				10,849,000	32,055,000	29,929,000	29,968,000	24,158,000	34,645,000	29,406,000	32,386,000	23,864,000	28,321,000	26,608,000	29,591,000	22,881,000	28,023,000	24,480,000	-14,926,000	20,823,000	28,525,000	24,057,000	19,249,000	7,837,000	25,525,000	26,679,000	27,606,000	16,275,000	23,099,000	22,739,000	22,391,000	15,694,000	23,904,000	19,494,000	23,002,000	16,755,000	23,494,000	20,199,000	19,766,000	13,107,000	18,557,000	15,340,000	13,302,000	5,900,000	63,312,000	6,545,000	4,743,000	-5,189,000	16,588,000	19,233,000	19,990,000	16,503,000	17,153,000	18,741,000	16,552,000	19,777,000	20,564,000	20,638,000	19,232,000	18,982,000	14,098,000	13,612,000	10,898,000	11,729,000	10,126,000	10,160,000	8,696,000		8,627,000	7,898,000
income from discontinued operation, net of tax			-374,000	-1,137,000	-4,876,000
basic net income per share attributable to forward air:
net income per basic share			-7.238	-2.66	-23.47	-2.81
diluted net income per share attributable to forward air:
net income per diluted share			-7.238	-2.66	-23.47	-2.81
dividends per share							0.18	0.24	0.24	0.24
comprehensive income			-274,075	-35,159	-972,196	-88,945
comprehensive income attributable to forward air			-195,344.25	-73,232	-646,282	-61,863
net (loss) attributable to noncontrolling interest					-325,914,000
operating revenues							310,673,750	413,447,000	402,182,000	427,066,000
other income:
income tax expense							-9,175,000	3,550,000	7,675,000	11,786,000				2,474,000	5,281,000	7,734,000	7,638,000	5,751,000	5,322,250	7,077,000	8,088,000	6,123,000	6,782,750	8,453,000		8,638,000	3,853,250	12,549,000																						5,238,000	3,580,750	6,452,000			645,250	2,766,000
net income and comprehensive income							101,744,000	9,288,000	19,951,000	36,368,000				8,375,000	24,167,000	22,195,000	22,330,000	18,407,000	27,734,000	22,329,000	24,298,000	17,741,000	12,987,000	18,155,000	19,550,000	14,243,000	3,741,000	11,931,000	-10,066,000	13,099,000	23,228,000	15,687,000	11,824,000	4,837,000	17,046,000	16,744,000	17,178,000	10,202,000	15,585,000	14,197,000	13,831,000	10,855,000	15,961,000	12,267,000	14,167,000	10,273,000
net income per share
basic							0.628	0.36	0.76	1.37				0.3	0.86	0.78	0.78	0.64	0.545	0.76	0.83	0.6	0.43	0.6	0.65	0.47	0.123	0.39	-0.33	0.43	0.76	0.51	0.38	0.16	0.55	0.55	0.56	0.33	0.51	0.47	0.46	0.37	0.55	0.42	0.49	0.36	0.5	0.44	0.41	0.27	0.41	0.31	0.27	0.12	1.36	0.13	0.1	-0.11	0.33	0.42	0.42	0.35	0.36	0.38
diluted							0.625	0.36	0.76	1.37				0.3	0.85	0.78	0.78	0.64	0.545	0.76	0.82	0.6	0.428	0.6	0.64	0.47	0.123	0.39	-0.33	0.43	0.75	0.5	0.38	0.16	0.55	0.54	0.55	0.33	0.5	0.46	0.45	0.36	0.54	0.41	0.48	0.35	0.49	0.44	0.4	0.27	0.41	0.31	0.27	0.12	1.35	0.13	0.1	-0.11	0.32	0.42	0.42	0.35	0.36	0.38
other																1,000	-1,000	-1,000	-500	-1,000	-1,000		-2,750	-2,000	18,000	-26,000	-37,250	-4,000	-117,000	-29,000	69,000	10,000	-89,000	-48,000	145,000	-55,000	112,000	86,000	6,946,000	6,862,000	6,620,000	6,142,000	6,639,000	6,528,000	6,769,000	6,202,000	7,116,000	7,250,000	6,871,000	6,403,000	6,385,000	6,481,000	6,389,000	5,875,000	8,158,000	5,596,000	5,666,000	5,867,000	2,459,000	6,487,000	6,188,000	5,789,000	5,220,000	5,230,000	753,000	915,000	793,000	887,000	587,000	2,222,000	305,000	222,000	177,000	169,000	124,000	161,000	146,000		229,000	210,000
dividends per share:														0.18	0.18	0.18	0.18	0.18	0.113	0.15	0.15	0.15	0.113	0.15	0.15	0.15	0.09	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.1	0.1	0.1	0.1	0.1	0.1	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.053	0.07	0.07
impairment of goodwill, intangibles and other assets																											-42,000		42,442,000
income tax benefit																									10,041,000																												5,390,000	2,481,000
income taxes																														7,724,000	5,297,000	8,370,000	7,425,000	3,000,000	8,479,000	9,935,000	10,428,000	6,073,000	7,514,000	8,542,000	8,560,000	4,839,000	7,943,000	7,227,000	8,835,000	6,482,000	9,045,000	7,287,000	7,797,000										5,869,000	7,136,000	7,888,000	6,495,000	6,400,000	7,266,000	6,259,000	7,608,000	7,839,000	7,617,000	7,167,000	7,028,000	5,086,000	5,104,000	4,090,000	4,027,000	3,797,000	3,811,000	3,261,000		3,278,000	3,001,000
weighted-average shares outstanding:
basic																																				30,415	30,925	30,732	30,135	30,374	30,161	29,511	28,967	29,088	28,908	28,692	29,052	29,237	29,337	29,135	28,984	29,000	28,973	28,951	28,808	28,942	28,927	28,906	29,609	28,871	28,805	28,694	29,472
diluted																																				30,932	31,408	31,314	30,762	30,986	30,736	30,264	29,536	29,660	29,445	29,363	29,435	29,552	29,851	29,371	29,111	29,129	29,119	29,074	29,025	29,026	28,977	28,906	29,962	29,139	29,126	28,982	29,866
operating revenue:
airport-to-airport																																							103,866,000	100,960,000	97,120,000	90,376,000	100,691,000	96,914,000	102,464,000	90,627,000	95,024,000	92,966,000	91,493,000	82,147,000	87,246,000	81,828,000	81,741,000	70,888,000	139,952,000	66,667,000	65,182,000	63,055,000	56,015,000	85,901,000	89,187,000	82,059,000	75,671,000	77,237,000
logistics																																							33,348,000	32,562,000	31,941,000	22,972,000	20,472,000	20,878,000	21,124,000	21,313,000	21,485,000	18,409,000	18,005,000	16,494,000	17,146,000	16,774,000	17,160,000	13,855,000	20,645,000	13,172,000	12,279,000	13,044,000	-62,000	15,597,000	14,838,000	12,253,000	11,785,000	10,680,000
pool distribution																																							36,925,000	29,649,000	24,123,000	22,070,000	27,723,000	19,194,000	17,969,000	18,939,000	24,634,000	17,124,000	15,823,000	15,157,000	22,533,000	16,439,000	16,842,000	16,359,000	6,289,000	17,644,000	16,570,000	14,650,000	-16,659,000	13,499,000	11,350,000	7,837,000	5,070,000
total operating revenue																																							181,085,000	170,033,000	159,804,000	141,560,000	155,525,000	143,514,000	148,326,000	137,081,000	148,259,000	135,749,000	132,192,000	120,201,000	133,310,000	121,522,000	122,132,000	106,977,000	175,044,000	103,079,000	99,697,000	96,616,000	41,753,000	121,484,000	121,563,000	107,938,000	97,746,000	93,147,000
total purchased transportation																																							79,228,000	75,211,000	70,253,000	60,999,000	65,177,000	63,102,000	65,243,000	59,198,000	62,379,000	56,089,000	54,209,000	50,322,000	55,003,000	51,177,000	50,691,000	44,501,000	63,495,000	43,488,000	41,973,000	40,128,000	24,097,000	48,884,000	47,931,000	43,525,000	41,284,000	39,366,000
forward air
forward air solutions
impairment of goodwill and other intangible assets																																																							1,789,250			7,157,000
dividends																																																														0.07	0.07
the accompanying notes are an integral part of the financial statements.
purchased transportation:
dividends declared per share																																																																0.07	0.07	0.07	0.07	0.07	0.06	0.06
income per share:
basic																																																																	0.34	0.39	0.41	0.41	0.38	0.37	0.42	0.4	0.32	0.213	0.3	0.3	0.26		0.25	0.23
diluted																																																																	0.34	0.39	0.41	0.41	0.38	0.37	0.41	0.39	0.31	0.21	0.29	0.29	0.25		0.24	0.22

We provide you with 20 years income statements for Forward Air stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Forward Air stock. Explore the full financial landscape of Forward Air stock with our expertly curated income statements.

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