Forward Air FWRD Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total operating revenues by Business | ||||||
| Expedited Freight Segment | $1.04B+2.3% | $1.01B-1.8% | $1.03B-2.5% | $1.06B-3.1% | $1.09B-2.1% | |
| Intermodal Segment | $221.13M-4.1% | $230.53M-3.9% | $239.8M+0.4% | $238.88M-0.1% | $239.03M+2.7% | |
| Omni Logistics | $1.33B-1.6% | $1.35B+2.6% | $1.32B+0.4% | $1.31B+1.3% | $1.3B+8.2% | |
| Operating Income (Loss) by Business | ||||||
| Expedited Freight Segment | $74.19M+6.3% | $69.78M+12.9% | $61.81M+0.3% | $61.64M-3.8% | $64.09M-5.7% | |
| Intermodal Segment | $12.61M-25.5% | $16.92M-15.3% | $19.99M+0.1% | $19.98M-4.3% | $20.88M+10.3% | |
| Omni Logistics | $27.52M-8.8% | $30.16M+48.5% | $20.31M+73.6% | $11.7M+101% | -$1.1B+2.8% | |
| Other operating expenses by Business | ||||||
| Expedited Freight Segment | $83.02M-3.1% | $85.64M-0.5% | $86.06M-5.7% | $91.3M-5.4% | $96.56M-3.1% | |
| Intermodal Segment | $18.11M-8.2% | $19.72M-2.6% | $20.25M-3.2% | $20.91M-5.0% | $22.02M-2.2% | |
| Omni Logistics | $98.94M+1.6% | $97.36M-1.7% | $99.02M-4.3% | $103.44M-0.5% | $103.96M+2.7% | |
| Salaries, wages and employee benefits by Business | ||||||
| Expedited Freight Segment | $213.49M+1.5% | $210.42M-3.3% | $217.51M-2.3% | $222.53M-4.3% | $232.44M-4.1% | |
| Intermodal Segment | $55.37M-3.9% | $57.64M-3.5% | $59.74M-0.5% | $60.05M+0.8% | $59.56M+1.4% | |
| Omni Logistics | $228.75M-1.5% | $232.14M+0.6% | $230.8M+1.4% | $227.57M+1.8% | $223.53M+3.7% | |
| Purchased transportation by Business | ||||||
| Expedited Freight Segment | $512.92M+4.3% | $491.92M-2.9% | $506.54M-2.8% | $521.31M-3.3% | $539.38M-1.3% | |
| Intermodal Segment | $76.07M-1.1% | $76.91M-2.0% | $78.45M+1.3% | $77.42M+1.1% | $76.55M+3.7% | |
| Omni Logistics | $757.97M-2.2% | $774.79M+3.3% | $750.17M+0.2% | $748.71M+0.9% | $742.35M+5.9% | |
| Operating Lease, Cost by Business | ||||||
| Expedited Freight Segment | $64.45M+0.1% | $64.35M-3.5% | $66.72M+0.4% | $66.47M+4.1% | $63.85M+0.7% | |
| Intermodal Segment | $22.32M0.0% | $22.31M-6.5% | $23.87M+2.7% | $23.25M+2.5% | $22.69M+5.0% | |
| Omni Logistics | $115.19M+0.5% | $114.57M+8.3% | $105.79M+2.3% | $103.4M-1.0% | $104.46M+8.3% | |
| Fuel expense by Business | ||||||
| Expedited Freight Segment | $8.57M-4.7% | $8.99M-7.8% | $9.75M+0.4% | $9.71M+0.9% | $9.62M-1.1% | |
| Intermodal Segment | $7.65M+2.9% | $7.43M-7.6% | $8.04M+0.7% | $7.99M-4.6% | $8.37M-2.4% | |
| Omni Logistics | $3.17M-13.9% | $3.68M+1.1% | $3.64M+2.1% | $3.57M-7.6% | $3.86M+22.6% | |
| D&A by Business | ||||||
| Expedited Freight Segment | $38.65M-5.1% | $40.72M-1.4% | $41.29M-0.8% | $41.61M-0.8% | $41.95M+0.2% | |
| Intermodal Segment | $17.36M-3.2% | $17.93M-1.1% | $18.12M-1.1% | $18.32M-1.1% | $18.53M+0.5% | |
| Omni Logistics | $95.8M+2.4% | $93.54M+3.8% | $90.09M+15.4% | $78.08M-12.2% | $88.9M+6.4% | |
| Insurance and claims by Business | ||||||
| Expedited Freight Segment | $40.6M-0.4% | $40.75M-2.6% | $41.84M-2.9% | $43.1M-0.6% | $43.37M-0.8% | |
| Intermodal Segment | $11.65M-0.2% | $11.67M+2.9% | $11.34M+3.4% | $10.96M+5.1% | $10.44M+1.8% | |
| Omni Logistics | $2.77M-43.6% | $4.92M-36.2% | $7.72M-31.5% | $11.26M-12.4% | $12.86M+4.6% | |
| Total operating revenues by Product | ||||||
| Network | $759.96M-0.3% | $761.94M-1.9% | $777.05M-2.9% | $800.3M-3.6% | $829.81M-2.8% | |
| Truckload | $189.18M+14.0% | $165.89M-2.1% | $169.38M-0.7% | $170.61M-1.2% | $172.66M+1.3% |
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.
