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+9.4% | $246.93M-7.1% | $258.55M-9.2% | $257.7M-11.5% | $249.38M-8.8% | |
| Intermodal Segment | $53.09M-15.0% | $50.56M-15.5% | $58.33M+1.6% | $59.15M-0.3% | $62.49M+11.0% | |
| Omni Logistics | $302.42M-6.5% | $359.79M+10.5% | $339.58M+1.5% | $328.32M+5.3% | $323.47M+43.9% | |
| Operating Income (Loss) by Business | ||||||
| Expedited Freight Segment | $20.05M+28.2% | $15.21M+110% | $19.45M+0.9% | $19.5M-11.2% | $15.63M-19.8% | |
| Intermodal Segment | $1.22M-77.9% | $2.87M-51.7% | $4.1M+0.3% | $4.42M-17.0% | $5.54M+54.5% | |
| Omni Logistics | $730K-78.4% | $9.85M— | $9.75M+758% | $7.19M+101% | $3.38M+112% | |
| Other operating expenses by Business | ||||||
| Expedited Freight Segment | $19.28M-12.0% | $23.93M-1.7% | $20.91M-20.0% | $18.89M-21.8% | $21.9M-12.3% | |
| Intermodal Segment | $3.79M-29.8% | $4.74M-10.0% | $5.13M-11.4% | $4.46M-19.9% | $5.4M-8.4% | |
| Omni Logistics | $26.2M+6.4% | $26.95M-5.8% | $21.52M-17.0% | $24.27M-2.1% | $24.63M+12.6% | |
| Salaries, wages and employee benefits by Business | ||||||
| Expedited Freight Segment | $55.65M+5.8% | $49.5M-12.5% | $54.4M-8.5% | $53.94M-15.5% | $52.58M-15.9% | |
| Intermodal Segment | $13.66M-14.2% | $12.13M-14.8% | $14.2M-2.1% | $15.39M+3.3% | $15.93M+5.6% | |
| Omni Logistics | $53.4M-6.0% | $55.4M+2.5% | $58.37M+5.8% | $61.58M+7.0% | $56.78M+16.4% | |
| Purchased transportation by Business | ||||||
| Expedited Freight Segment | $141.68M+17.4% | $121.52M-10.7% | $125.27M-10.5% | $124.45M-12.7% | $120.68M-5.5% | |
| Intermodal Segment | $19.34M-4.1% | $17.35M-8.2% | $19.33M+5.6% | $20.05M+4.6% | $20.18M+15.7% | |
| Omni Logistics | $168.92M-9.1% | $207.7M+13.4% | $196.31M+0.7% | $185.04M+3.6% | $185.73M+28.6% | |
| Operating Lease, Cost by Business | ||||||
| Expedited Freight Segment | $15.53M+0.6% | $15.77M-13.0% | $15.8M+1.5% | $17.36M+17.8% | $15.43M+3.0% | |
| Intermodal Segment | $5.78M+0.1% | $4.91M-24.0% | $6.29M+10.9% | $5.34M+11.7% | $5.78M+23.1% | |
| Omni Logistics | $27.7M+2.3% | $31.82M+38.1% | $29.98M+8.7% | $25.69M-4.0% | $27.09M+41.6% | |
| Fuel expense by Business | ||||||
| Expedited Freight Segment | $2.05M-16.9% | $1.84M-29.3% | $2.16M+2.0% | $2.52M+3.5% | $2.47M-4.3% | |
| Intermodal Segment | $2.37M+10.0% | $1.42M-30.0% | $2M+2.9% | $1.86M-17.2% | $2.16M-8.7% | |
| Omni Logistics | $504K-50.4% | $903K+4.6% | $874K+9.3% | $888K-24.9% | $1.02M+235% | |
| D&A by Business | ||||||
| Expedited Freight Segment | $8.31M-19.9% | $9.83M-5.5% | $10.16M-3.1% | $10.36M-3.1% | $10.38M+0.9% | |
| Intermodal Segment | $4.15M-12.0% | $4.33M-4.3% | $4.38M-4.4% | $4.5M-4.5% | $4.72M+2.0% | |
| Omni Logistics | $24.49M+10.2% | $26.06M+15.3% | $22.83M+111% | $22.42M-32.5% | $22.23M+31.8% | |
| Insurance and claims by Business | ||||||
| Expedited Freight Segment | $10.16M-1.4% | $9.33M-10.5% | $10.42M-10.8% | $10.69M-2.5% | $10.31M-3.2% | |
| Intermodal Segment | $2.77M-0.7% | $2.83M+13.3% | $2.9M+14.7% | $3.15M+20.2% | $2.79M+7.1% | |
| Omni Logistics | $468K-82.1% | $1.12M-71.4% | -$59K-102% | $1.25M-56.1% | $2.62M+27.4% | |
| Total operating revenues by Product | ||||||
| Air And Ocean | $62.27M-12.6% | —— | —— | —— | $71.25M— | |
| Contract Logistics | $104.17M+30.0% | —— | —— | —— | $80.13M— | |
| Ground | $363.16M-9.1% | —— | —— | —— | $399.43M— | |
| Intermodal | $52.46M-16.0% | —— | —— | —— | $62.47M— | |
| Network | $188.18M-1.0% | $183.91M-7.6% | $194.04M-10.7% | $193.83M-13.2% | $190.16M-11.3% | |
| Truckload | $62.54M+59.3% | $41.6M-7.7% | $42.4M-2.8% | $42.64M-4.6% | $39.26M+5.9% |
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.
