When did Forward Air report Q1 2025 earnings?

Forward Air (FWRD) reported Q1 2025 earnings on May 7, 2025 after market close.

What were Forward Air's Q1 2025 revenue and EPS?

Forward Air reported revenue of $613.3M and eps of $-1.59 for Q1 2025.

Did Forward Air beat estimates in Q1 2025?

Revenue missed the consensus estimate of $617.2M by $3.9M. EPS missed the consensus estimate of $-0.47 by $1.12.

How did Forward Air's Q1 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 13.2% from $541.8M a year earlier and eps declined 148.4% from $-0.64.

Where can I find Forward Air's Q1 2025 SEC filings?

You can read the 10-K/A periodic report (0001628280-25-017576) directly on SEC EDGAR. The filing index links above go to sec.gov.

Forward Air FWRD Q1 2025 Annual earnings

Reported May 7, 2025 · After market close

Revenue$613.3MMiss by $3.9M

EPS-$1.59Miss by $1.12

Revenue estimate$617.2M

EPS estimate-$0.47

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$634.4M

EPS estimate-$0.17

Financials

Q1 2025

Income statement

See full

Revenue$613.3M+13.2%

Operating income$4.8M+107%

Net income-$50.6M+17.9%

EPS (diluted)-$1.68+40.2%

Balance sheet

See full

Cash & equivalents$116.7M-32.3%

Total debt$2.2B+5.0%

Total equity$154.6M-83.3%

Total assets$2.8B-29.2%

Cash flow

See full

Operating cash flow$27.6M+153%

CapEx$11.9M+140%

Free cash flow$15.7M+128%

Valuation & ratios

Valuation

as of 03/31/25

See full

Market cap$610.79M-25.5%

Enterprise value$2.65B-1.9%

P/S0.2×-0.3×

Profitability

See full

Operating margin-42%-43.7pp

Net margin-31.7%-36.1pp

FCF margin-4%-7.3pp

Returns & leverage

See full

Return on equity-149.1%-158pp

Debt / equity13.9×+11.7×

Current ratio1.1×-0.2×

Segments

By product

See full

Ground$399.4M—

Network$190.2M-11.3%

Contract Logistics$80.1M—

Air And Ocean$71.2M—

Intermodal$62.5M—

By segment

See full

Omni Logistics$323.5M+43.9%

Expedited Freight Segment$249.4M-8.8%

Intermodal Segment$62.5M+11.0%

By geography

See full

Foreign Operations$82.5M—

Versus estimates

Revenue

Q1 2026$582.0MMiss by $38.2M Q4 2025$631.2MBeat by $1.6M Q3 2025$631.8MBeat by $2.2M Q2 2025$618.8MMiss by $18.9M

Q1 2025$613.3MMiss by $3.9M

Q4 2024$632.8MMiss by $34.6M

Diluted EPS

Q1 2026-$1.09Miss by $0.74 Q4 2025-$0.28Miss by $0.02 Q3 2025-$0.52Miss by $0.39 Q2 2025-$0.41Miss by $0.24

Q1 2025-$1.59Miss by $1.12

Q4 2024$0.01Beat by $0.13

Ask the moment Forward Air reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI

Claude

Questions, answered.

When did Forward Air report Q1 2025 earnings?: Forward Air (FWRD) reported Q1 2025 earnings on May 7, 2025 after market close.
What were Forward Air's Q1 2025 revenue and EPS?: Forward Air reported revenue of $613.3M and eps of $-1.59 for Q1 2025.
Did Forward Air beat estimates in Q1 2025?: Revenue missed the consensus estimate of $617.2M by $3.9M. EPS missed the consensus estimate of $-0.47 by $1.12.
How did Forward Air's Q1 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 13.2% from $541.8M a year earlier and eps declined 148.4% from $-0.64.
Where can I find Forward Air's Q1 2025 SEC filings?: You can read the 10-K/A periodic report (0001628280-25-017576) directly on SEC EDGAR. The filing index links above go to sec.gov.