What is Forward Air's air and ocean — total operating revenues?

Forward Air (FWRD) reported air and ocean — total operating revenues of $62.27M in Q1 2026.

What does air and ocean — total operating revenues mean?

This metric represents the total gross revenue generated from the company's air and ocean freight forwarding services. It reflects the scale and market demand for international logistics solutions, including air cargo and ocean container shipping activities. Monitoring this figure helps investors assess the company's exposure to global trade cycles and its ability to capture value within the international freight forwarding market.

Forward Air FWRD Air And Ocean — Total operating revenues

Other product segments

Ground

$363.16M-9.1%

Network

$188.18M-1.0%

Contract Logistics

$104.17M+30.0%

Truckload

$62.54M+59.3%

Intermodal

$52.46M-16.0%

Similar metrics at other companies

ALKCargo and Freight — Total Operating Revenue

$153M+25.4%

GCTOcean transportation service — Revenue

$7.85M-30.9%

JBLUAtlantic — Total operating revenues

$63M-1.6%

LUVFreight — Total operating revenues

$44M+7.3%

MATXOcean Transportation — Net Revenue

$606.5M-4.8%

MATXOcean Transportation — Ocean Transportation Services Revenue

$601.4M-5.0%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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

Ask your AI about Forward Air's air and ocean — total operating revenues.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Forward Air's air and ocean — total operating revenues?: Forward Air (FWRD) reported air and ocean — total operating revenues of $62.27M in Q1 2026.
What does air and ocean — total operating revenues mean?: This metric represents the total gross revenue generated from the company's air and ocean freight forwarding services. It reflects the scale and market demand for international logistics solutions, including air cargo and ocean container shipping activities. Monitoring this figure helps investors assess the company's exposure to global trade cycles and its ability to capture value within the international freight forwarding market.