Forward Air FWRD Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total operating revenues by Business | ||||||
| Expedited Freight Segment | $272.71M+10.4% | $246.93M-4.5% | $258.55M+0.3% | $257.7M+3.3% | $249.38M-6.2% | |
| Intermodal Segment | $53.09M+5.0% | $50.56M-13.3% | $58.33M-1.4% | $59.15M-5.4% | $62.49M+4.5% | |
| Omni Logistics | $302.42M-15.9% | $359.79M+6.0% | $339.58M+3.4% | $328.32M+1.5% | $323.47M-0.7% | |
| Operating Income (Loss) by Business | ||||||
| Expedited Freight Segment | $20.05M+31.8% | $15.21M-21.8% | $19.45M-0.3% | $19.5M+24.7% | $15.63M+116% | |
| Intermodal Segment | $1.22M-57.3% | $2.87M-30.2% | $4.1M-7.1% | $4.42M-20.3% | $5.54M-6.6% | |
| Omni Logistics | $730K-92.6% | $9.85M+1.1% | $9.75M+35.7% | $7.19M+113% | $3.38M— | |
| Other operating expenses by Business | ||||||
| Expedited Freight Segment | $19.28M-19.5% | $23.93M+14.4% | $20.91M+10.7% | $18.89M-13.7% | $21.9M-10.1% | |
| Intermodal Segment | $3.79M-20.0% | $4.74M-7.7% | $5.13M+15.2% | $4.46M-17.5% | $5.4M+2.6% | |
| Omni Logistics | $26.2M-2.8% | $26.95M+25.2% | $21.52M-11.3% | $24.27M-1.5% | $24.63M-13.9% | |
| Salaries, wages and employee benefits by Business | ||||||
| Expedited Freight Segment | $55.65M+12.4% | $49.5M-9.0% | $54.4M+0.9% | $53.94M+2.6% | $52.58M-7.1% | |
| Intermodal Segment | $13.66M+12.7% | $12.13M-14.6% | $14.2M-7.7% | $15.39M-3.4% | $15.93M+12.0% | |
| Omni Logistics | $53.4M-3.6% | $55.4M-5.1% | $58.37M-5.2% | $61.58M+8.5% | $56.78M+5.0% | |
| Purchased transportation by Business | ||||||
| Expedited Freight Segment | $141.68M+16.6% | $121.52M-3.0% | $125.27M+0.7% | $124.45M+3.1% | $120.68M-11.4% | |
| Intermodal Segment | $19.34M+11.5% | $17.35M-10.2% | $19.33M-3.6% | $20.05M-0.6% | $20.18M+6.8% | |
| Omni Logistics | $168.92M-18.7% | $207.7M+5.8% | $196.31M+6.1% | $185.04M-0.4% | $185.73M+1.4% | |
| Operating Lease, Cost by Business | ||||||
| Expedited Freight Segment | $15.53M-1.5% | $15.77M-0.2% | $15.8M-9.0% | $17.36M+12.5% | $15.43M-14.9% | |
| Intermodal Segment | $5.78M+17.7% | $4.91M-21.9% | $6.29M+17.8% | $5.34M-7.6% | $5.78M-10.6% | |
| Omni Logistics | $27.7M-12.9% | $31.82M+6.1% | $29.98M+16.7% | $25.69M-5.2% | $27.09M+17.6% | |
| Fuel expense by Business | ||||||
| Expedited Freight Segment | $2.05M+11.5% | $1.84M-14.6% | $2.16M-14.4% | $2.52M+1.9% | $2.47M-5.1% | |
| Intermodal Segment | $2.37M+66.7% | $1.42M-28.9% | $2M+7.6% | $1.86M-13.8% | $2.16M+6.1% | |
| Omni Logistics | $504K-44.2% | $903K+3.3% | $874K-1.6% | $888K-12.7% | $1.02M+17.8% | |
| D&A by Business | ||||||
| Expedited Freight Segment | $8.31M-15.4% | $9.83M-3.3% | $10.16M-1.9% | $10.36M-0.2% | $10.38M-0.2% | |
| Intermodal Segment | $4.15M-4.0% | $4.33M-1.3% | $4.38M-2.7% | $4.5M-4.6% | $4.72M+4.4% | |
| Omni Logistics | $24.49M-6.0% | $26.06M+14.1% | $22.83M+1.8% | $22.42M+0.9% | $22.23M-1.7% | |
| Insurance and claims by Business | ||||||
| Expedited Freight Segment | $10.16M+8.9% | $9.33M-10.4% | $10.42M-2.6% | $10.69M+3.7% | $10.31M-1.1% | |
| Intermodal Segment | $2.77M-2.1% | $2.83M-2.4% | $2.9M-7.8% | $3.15M+12.8% | $2.79M+11.7% | |
| Omni Logistics | $468K-58.1% | $1.12M+1,993% | -$59K-105% | $1.25M-52.3% | $2.62M-33.1% | |
| Total operating revenues by Product | ||||||
| Air And Ocean | $62.27M— | —— | —— | —— | $71.25M— | |
| Contract Logistics | $104.17M— | —— | —— | —— | $80.13M— | |
| Ground | $363.16M— | —— | —— | —— | $399.43M— | |
| Intermodal | $52.46M— | —— | —— | —— | $62.47M— | |
| Network | $188.18M+2.3% | $183.91M-5.2% | $194.04M+0.1% | $193.83M+1.9% | $190.16M-4.5% | |
| Truckload | $62.54M+50.4% | $41.6M-1.9% | $42.4M-0.6% | $42.64M+8.6% | $39.26M-12.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Forward Air break its business down?
- Forward Air (FWRD) reports total operating revenues by business across 3 parts — Expedited Freight Segment, Intermodal Segment and Omni Logistics. Each is extracted from the segment footnotes and tracked over time.
- Where does Forward Air's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Forward Air's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
