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-5.1% | $1.01B-9.2% | $1.03B-8.6% | $1.06B-5.8% | $1.09B-0.9% | |
| Intermodal Segment | $221.13M-7.5% | $230.53M-1.0% | $239.8M+3.1% | $238.88M+0.7% | $239.03M-1.3% | |
| Omni Logistics | $1.33B+2.7% | $1.35B+12.9% | $1.32B— | $1.31B— | $1.3B— | |
| Operating Income (Loss) by Business | ||||||
| Expedited Freight Segment | $74.19M+15.8% | $69.78M+2.7% | $61.81M-29.5% | $61.64M-39.0% | $64.09M-39.6% | |
| Intermodal Segment | $12.61M-39.6% | $16.92M-10.6% | $19.99M+10.7% | $19.98M+6.8% | $20.88M+17.9% | |
| Omni Logistics | $27.52M+102% | $30.16M+103% | $20.31M— | $11.7M— | -$1.1B— | |
| Other operating expenses by Business | ||||||
| Expedited Freight Segment | $83.02M-14.0% | $85.64M-14.0% | $86.06M-13.0% | $91.3M-5.3% | $96.56M+0.7% | |
| Intermodal Segment | $18.11M-17.7% | $19.72M-12.4% | $20.25M-25.5% | $20.91M-33.2% | $22.02M-38.3% | |
| Omni Logistics | $98.94M-4.8% | $97.36M-3.8% | $99.02M— | $103.44M— | $103.96M— | |
| Salaries, wages and employee benefits by Business | ||||||
| Expedited Freight Segment | $213.49M-8.2% | $210.42M-13.2% | $217.51M-10.3% | $222.53M-7.1% | $232.44M0.0% | |
| Intermodal Segment | $55.37M-7.0% | $57.64M-1.8% | $59.74M-2.4% | $60.05M-5.4% | $59.56M-8.8% | |
| Omni Logistics | $228.75M+2.3% | $232.14M+7.7% | $230.8M— | $227.57M— | $223.53M— | |
| Purchased transportation by Business | ||||||
| Expedited Freight Segment | $512.92M-4.9% | $491.92M-10.0% | $506.54M-5.9% | $521.31M-0.9% | $539.38M+5.5% | |
| Intermodal Segment | $76.07M-0.6% | $76.91M+4.2% | $78.45M+6.5% | $77.42M+4.5% | $76.55M+3.9% | |
| Omni Logistics | $757.97M+2.1% | $774.79M+10.5% | $750.17M— | $748.71M— | $742.35M— | |
| Operating Lease, Cost by Business | ||||||
| Expedited Freight Segment | $64.45M+0.9% | $64.35M+1.5% | $66.72M+9.9% | $66.47M+9.7% | $63.85M+4.2% | |
| Intermodal Segment | $22.32M-1.6% | $22.31M+3.3% | $23.87M+10.7% | $23.25M+4.2% | $22.69M-5.3% | |
| Omni Logistics | $115.19M+10.3% | $114.57M+18.7% | $105.79M— | $103.4M— | $104.46M— | |
| Fuel expense by Business | ||||||
| Expedited Freight Segment | $8.57M-11.0% | $8.99M-7.7% | $9.75M-1.0% | $9.71M-7.2% | $9.62M-10.4% | |
| Intermodal Segment | $7.65M-8.6% | $7.43M-13.3% | $8.04M-13.8% | $7.99M-21.4% | $8.37M-21.8% | |
| Omni Logistics | $3.17M-17.9% | $3.68M+16.9% | $3.64M— | $3.57M— | $3.86M— | |
| D&A by Business | ||||||
| Expedited Freight Segment | $38.65M-7.9% | $40.72M-2.7% | $41.29M+1.2% | $41.61M+4.8% | $41.95M+9.4% | |
| Intermodal Segment | $17.36M-6.3% | $17.93M-2.8% | $18.12M-4.2% | $18.32M-5.2% | $18.53M-5.5% | |
| Omni Logistics | $95.8M+7.8% | $93.54M+12.0% | $90.09M— | $78.08M— | $88.9M— | |
| Insurance and claims by Business | ||||||
| Expedited Freight Segment | $40.6M-6.4% | $40.75M-6.8% | $41.84M-2.4% | $43.1M+5.7% | $43.37M+10.2% | |
| Intermodal Segment | $11.65M+11.6% | $11.67M+13.8% | $11.34M+9.7% | $10.96M+5.6% | $10.44M+0.9% | |
| Omni Logistics | $2.77M-78.4% | $4.92M-60.0% | $7.72M— | $11.26M— | $12.86M— | |
| Total operating revenues by Product | ||||||
| Network | $759.96M-8.4% | $761.94M-10.8% | $777.05M-10.9% | $800.3M-8.2% | $829.81M-2.9% | |
| Truckload | $189.18M+9.6% | $165.89M-2.7% | $169.38M+3.3% | $170.61M+7.3% | $172.66M+11.5% |
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.
