What is Forward Air's accrued expenses?

Forward Air (FWRD) reported accrued expenses of $76.94M in Q1 2026.

How has Forward Air's accrued expenses changed year-over-year?

Forward Air's accrued expenses increased by 12.8% year-over-year, from $68.2M to $76.94M.

What is the long-term trend for Forward Air's accrued expenses?

Over 5 years (2020 to 2025), Forward Air's accrued expenses has grown at a 45.6% compound annual growth rate (CAGR), from $10.58M to $69.13M.

What does accrued expenses mean?

Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

Forward Air FWRD Accrued Expenses

Accrued Expenses at other companies

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$110.97M+1.2%

FedExFDX

$3.08B+18.4%

XPO

XPOXPO

$161M+59.4%

RXORXO

$10M-9.1%

Radiant LogisticsRLGT

$676K+12.1%

Covenant Logistics GroupCVLG

$52.03M+10.1%

Other financials

Income statement

See full

Revenue$582.0M-5.1%

Operating income$20.4M+329%

Net income-$34.3M+32.2%

EPS (diluted)-$1.09+35.1%

Balance sheet

See full

Cash & equivalents$141.0M+20.9%

Total debt$2.2B-0.1%

Total equity$81.0M-47.6%

Total assets$2.7B-3.9%

Cash flow

See full

Operating cash flow$45.7M+65.6%

CapEx$6.9M-41.7%

Free cash flow$38.8M+147%

Valuation

See full

Market cap$451.92M-33.0%

Enterprise value$2.46B-9.2%

P/S0.2×-0.1×

Profitability

See full

Gross margin48.7%—

Operating margin2.2%+1.1pp

Net margin-3.7%-1.7pp

FCF margin0.6%+0.3pp

Returns & leverage

See full

Return on equity-77.6%-25.2pp

Debt / equity26.5×+12.6×

Current ratio1.2×+0.1×

Where this comes from

Reported directly by Forward Air in its filing.

Tagged under the XBRL concept us-gaap:OtherLiabilitiesCurrent.

The official record: Forward Air’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Forward Air's accrued expenses?: Forward Air (FWRD) reported accrued expenses of $76.94M in Q1 2026.
How has Forward Air's accrued expenses changed year-over-year?: Forward Air's accrued expenses increased by 12.8% year-over-year, from $68.2M to $76.94M.
What is the long-term trend for Forward Air's accrued expenses?: Over 5 years (2020 to 2025), Forward Air's accrued expenses has grown at a 45.6% compound annual growth rate (CAGR), from $10.58M to $69.13M.
What does accrued expenses mean?: Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.