What is Forward Air's intermodal — total operating revenues?

Forward Air (FWRD) reported intermodal — total operating revenues of $52.46M in Q1 2026.

What does intermodal — total operating revenues mean?

This metric measures the total gross revenue generated by the Intermodal business segment through the provision of freight and logistics services. It reflects the market demand for the segment's specific transportation solutions and serves as a key indicator of top-line growth within this business unit. Tracking this revenue helps stakeholders assess the segment's market position and its relative scale within the company's broader logistics portfolio.

Forward Air FWRD Intermodal — 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%

Air And Ocean

$62.27M-12.6%

Similar metrics at other companies

SNDRIntermodal — Operating revenues

$297.2M-1.8%

MRTNIntermodal — Revenue

$0-100%

KNXIntermodal — Total Revenue

$93.59M+2.7%

ULHIntermodal — Revenue

$47.85M-32.3%

ULHIntermodal Services — Revenue

$47.31M-30.9%

NSCRailway Operating Revenues Market Group Intermodal — Total

$749M-1.4%

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

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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

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 →

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Questions, answered.

What is Forward Air's intermodal — total operating revenues?: Forward Air (FWRD) reported intermodal — total operating revenues of $52.46M in Q1 2026.
What does intermodal — total operating revenues mean?: This metric measures the total gross revenue generated by the Intermodal business segment through the provision of freight and logistics services. It reflects the market demand for the segment's specific transportation solutions and serves as a key indicator of top-line growth within this business unit. Tracking this revenue helps stakeholders assess the segment's market position and its relative scale within the company's broader logistics portfolio.