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Forward Air FWRD Other Income (Expense)

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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%
EPS (diluted)-$6.38-1,456%

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$634.07M-27.1%
Enterprise value$2.6B-11.3%
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:NonoperatingIncomeExpense.

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
Interest expense, net(43,721)(45,326)(87,308)(90,873)
Foreign exchange (loss) gain(566)(4,653)1,132(5,575)
Other income (expense), net1,569(6,656)(15,388)(6,552)
Total other expense(42,718)(56,635)(101,564)(103,000)
Loss from continuing operations before income taxes(244,030)(37,113)(282,435)(78,715)
Income tax (benefit) expense(174)(16,749)1,6192,840
Loss from continuing operations(243,856)(20,364)(284,054)(81,555)
Loss from discontinued operations, net of tax(2,075)(2,075)

Item 1. Financial Statements

FAQ

What is Forward Air's other income (expense)?
Forward Air (FWRD) reported other income (expense) of -$42.72M in Q2 2026.
How has Forward Air's other income (expense) changed year-over-year?
Forward Air's other income (expense) increased by 24.6% year-over-year, from -$56.64M to -$42.72M.
What is the long-term trend for Forward Air's other income (expense)?
Over 4 years (2021 to 2025), Forward Air's other income (expense) has grown at a 155.1% compound annual growth rate (CAGR), from -$4.34M to -$183.62M.
What does other income (expense) mean?
Net total of all non-operating income and expenses not classified in specific line items — a catch-all for miscellaneous financial items.

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