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Forward Air FWRD EPS (Diluted)

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Other financials

Income statement

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Revenue$673.0M+8.8%
Operating income-$201.3M-1,131%
Net income-$207.3M-1,547%

Balance sheet

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Cash & equivalents$139.4M+46.3%
Total debt$2.1B-2.4%
Total equity-$115.4M-176%
Total assets$2.4B-12.7%

Cash flow

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Operating cash flow$45.7M+65.6%
CapEx$3.2M-32.3%
Free cash flow$38.8M+147%

Valuation

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Market cap$653.66M-24.8%
Enterprise value$2.62B-10.6%
P/S0.3×-0.1×

Profitability

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Gross margin48.7%
Operating margin-6.6%-8.5pp
Net margin-11.4%+21.6pp
FCF margin0.6%+0.3pp

Returns & leverage

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Return on equity-77.6%-25.2pp
Debt / equity26.5×+12.6×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by Forward Air in its filing.

Tagged under the XBRL concept us-gaap:EarningsPerShareDiluted.

The source filing: Forward Air’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053329
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Basic and diluted net loss per share attributable to Forward Air:
Continuing operations$(6.33)$(0.41)$(7.49)$(2.09)
Discontinued operations(0.05)(0.05)
Net loss per basic and diluted share$(6.38)$(0.41)$(7.54)$(2.09)
Net loss$(245,931)$(20,364)$(286,129)$(81,555)
Other comprehensive loss:
Foreign currency translation adjustments(135)4,561(2,181)4,826
Comprehensive loss(246,066)(15,803)(288,310)(76,729)

Item 1. Financial Statements

FAQ

What is Forward Air's EPS (diluted)?
Forward Air (FWRD) reported EPS (diluted) of -$6.38 in Q2 2026.
How has Forward Air's EPS (diluted) changed year-over-year?
Forward Air's EPS (diluted) decreased by 1456.1% year-over-year, from -$0.41 to -$6.38.
What is the long-term trend for Forward Air's EPS (diluted)?
Over 4 years (2021 to 2025), Forward Air's EPS (diluted) has grown at a -2.2% compound annual growth rate (CAGR), from $3.85 to -$3.52.
What does EPS (diluted) mean?
Net income divided by the weighted-average number of shares outstanding plus all potentially dilutive securities (stock options, convertibles, warrants). The most conservative EPS measure.

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