What is Forward Air's change in receivables?

Forward Air (FWRD) reported change in receivables of -$2.05M in Q1 2026.

How has Forward Air's change in receivables changed year-over-year?

Forward Air's change in receivables decreased by 572.8% year-over-year, from $434K to -$2.05M.

What is the long-term trend for Forward Air's change in receivables?

Over 3 years (2022 to 2025), Forward Air's change in receivables has grown at a -3.1% compound annual growth rate (CAGR), from -$8.1M to $7.37M.

What does change in receivables mean?

Change in total receivables including trade and non-trade receivables.

Forward Air FWRD Change in receivables

Change in receivables at other companies

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$979M+26.5%

Covenant Logistics GroupCVLG

$1.29M+175%

Expeditors International of WashingtonEXPD

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Schneider NationalSNDR

$59.9M+558%

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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

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Market cap$451.92M-33.0%

Enterprise value$2.46B-9.2%

P/S0.2×-0.1×

Profitability

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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:IncreaseDecreaseInOtherReceivables.

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 change in receivables?: Forward Air (FWRD) reported change in receivables of -$2.05M in Q1 2026.
How has Forward Air's change in receivables changed year-over-year?: Forward Air's change in receivables decreased by 572.8% year-over-year, from $434K to -$2.05M.
What is the long-term trend for Forward Air's change in receivables?: Over 3 years (2022 to 2025), Forward Air's change in receivables has grown at a -3.1% compound annual growth rate (CAGR), from -$8.1M to $7.37M.
What does change in receivables mean?: Change in total receivables including trade and non-trade receivables.