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Forward Air FWRD Provision for Other Losses

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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:ProvisionForOtherLosses.

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 provision for other losses?
Forward Air (FWRD) reported provision for other losses of $731K in Q1 2026.
How has Forward Air's provision for other losses changed year-over-year?
Forward Air's provision for other losses increased by 13.0% year-over-year, from $647K to $731K.
What is the long-term trend for Forward Air's provision for other losses?
Over 3 years (2021 to 2025), Forward Air's provision for other losses has grown at a -20.0% compound annual growth rate (CAGR), from $6.34M to $3.25M.
What does provision for other losses mean?
This metric represents non-cash charges or reserves established to account for potential future losses, such as bad debt or legal contingencies. It reflects management's assessment of risks inherent in the company's accounts receivable or operational liabilities. Monitoring this helps investors gauge the quality of earnings and the potential for future write-offs.