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Forward Air FWRD Expedited Freight Segment — Other operating expenses

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Other financials

Income statement

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Revenue$582.0M-5.1%
Operating income$20.4M+329%
Net income-$34.3M+32.2%
EPS (diluted)-$1.09+35.1%

Balance sheet

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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

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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

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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:OtherCostAndExpenseOperating.

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 expedited freight segment — other operating expenses?
Forward Air (FWRD) reported expedited freight segment — other operating expenses of $19.28M in Q1 2026.
How has Forward Air's expedited freight segment — other operating expenses changed year-over-year?
Forward Air's expedited freight segment — other operating expenses decreased by 12.0% year-over-year, from $21.9M to $19.28M.
What is the long-term trend for Forward Air's expedited freight segment — other operating expenses?
Over 3 years (2022 to 2025), Forward Air's expedited freight segment — other operating expenses has grown at a 0.9% compound annual growth rate (CAGR), from $83.39M to $85.64M.
What does expedited freight segment — other operating expenses mean?
This encompasses miscellaneous operational costs not categorized under specific line items, such as maintenance, utilities, or administrative overhead for the segment. It is used to monitor the control of general operational overhead.