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Forward Air Corporation

FWRD Industrials Integrated Freight & Logistics
$17.89
Today
as of Sep 4, 16:49 ET
Last 30 days +21.04% Jul 28 → Sep 04
$13.56 $15.34 $17.13 $18.91 $20.69 Jul 28 Aug 05 Aug 12 Aug 20 Aug 27 Sep 04
Open
$16.21
High
$18.36
Low
$16.21
Volume
$799,686
Avg Vol
$852,325
Mkt Cap
$601M
P/E (TTM)
Beta
52w High
$31.18
52w Low
$7.86
Div Yield
Shares Out
$34M

Recent Press Releases & News last 60 days · 15 items

▸ Show all 15 press releases & news Free account →

Overview

52-week range
$7.86
$31
43% of range
Avg surprise (last 3)
-197.0%
Avg reaction (last 2)
-1.4%
50% positive
Latest IV / EM
64%
EM ±10.1% · $18 · Sep 18

Earnings trends

EPS — actual vs estimate Actual Estimate
$-23.47$-17.64$-11.82$-6.00$-0.17 Actual $-2.81Actual $-23.47Actual $-2.66Actual $-1.59Est $-0.47Actual $-0.41Est $-0.17Actual $-0.52Actual $-1.09Est $-0.35Actual $-6.38 MarJunSepMar/2025Jun/2025SepMar/2026Jun
Revenue vs Net Income Revenue Net income
$-207M$21M$250M$478M$707M Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Jun 30, 2026Jun 2026 $-6.38 financials
Thu May 7, 2026Mar/2026 $-1.09 $-0.35 -211.4% +31.4% -5.6% earnings
Tue Sep 30, 2025Sep 2025 $-0.52 financials
Mon Aug 11, 2025Jun/2025 $-0.41 $-0.17 -141.2% earnings
Wed May 7, 2025Mar/2025 $-1.59 $-0.47 -238.3% +2.9% earnings
Mon Sep 30, 2024Sep 2024 $-2.66 financials
Sun Jun 30, 2024Jun 2024 $-23.47 financials
Sun Mar 31, 2024Mar 2024 $-2.81 financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$673M$582M$632M$619M$613M$656M
Cost of revenue
Gross profit
Operating income$-201M$20M$15M$20M$5M$23M
Net income$-207M$-40M$-16M$-13M$-61M$-73M
EPS (diluted)$-6.38$-1.09$-0.52$-0.41$-1.68$-2.66

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$139M$141M$106M$140M$95M$116M$105M$137M
Inventory
Total current assets$583M$542M$521M$552M$475M$493M$472M$545M
Total assets$2.41B$2.70B$2.72B$2.79B$2.76B$2.80B$2.80B$3.06B
Long-term debt$1.69B$1.69B$1.69B$1.68B$1.68B$1.68B$1.68B$1.67B
Total liabilities$2.53B$2.56B
Total equity$-115M$122M$113M$140M$216M$227M$202M$337M

Implied volatility — last 90 days

64%145%226%307%388% Jun 07 — IV 89% · EM ±12.3%Jun 08 — IV 105% · EM ±13.9%Jun 09 — IV 110% · EM ±13.8%Jun 10 — IV 100% · EM ±11.8%Jun 11 — IV 74% · EM ±8.2%Jun 12 — IV 99% · EM ±10.1%Jun 15 — IV 244% · EM ±17.7%Jun 16 — IV 338% · EM ±20.0%Jun 17 — IV 388% · EM ±16.2%Jun 19 — IV 91% · EM ±20.0%Jun 22 — IV 90% · EM ±18.8%Jun 23 — IV 88% · EM ±18.0%Jun 24 — IV 90% · EM ±18.1%Jun 25 — IV 88% · EM ±17.3%Jun 26 — IV 76% · EM ±14.5%Jun 29 — IV 84% · EM ±14.9%Jun 30 — IV 91% · EM ±15.7%Jul 01 — IV 99% · EM ±16.5%Jul 02 — IV 92% · EM ±14.9%Jul 03 — IV 95% · EM ±14.9%Jul 06 — IV 90% · EM ±12.5%Jul 07 — IV 90% · EM ±11.8%Jul 08 — IV 102% · EM ±12.7%Jul 09 — IV 102% · EM ±12.0%Jul 10 — IV 96% · EM ±10.7%Jul 13 — IV 110% · EM ±9.2%Jul 14 — IV 100% · EM ±7.2%Jul 15 — IV 121% · EM ±7.1%Jul 16 — IV 362% · EM ±15.1%Jul 20 — IV 107% · EM ±25.2%Jul 21 — IV 105% · EM ±24.5%Jul 22 — IV 101% · EM ±23.2%Jul 23 — IV 102% · EM ±22.9%Jul 24 — IV 125% · EM ±27.7%Jul 27 — IV 117% · EM ±24.5%Jul 28 — IV 112% · EM ±23.0%Jul 29 — IV 110% · EM ±21.9%Jul 30 — IV 129% · EM ±25.2%Jul 31 — IV 110% · EM ±21.0%Aug 03 — IV 116% · EM ±20.6%Aug 04 — IV 113% · EM ±19.4%Aug 05 — IV 207% · EM ±34.5%Aug 06 — IV 66% · EM ±10.7%Aug 07 — IV 74% · EM ±11.5%Aug 10 — IV 89% · EM ±12.4%Aug 11 — IV 108% · EM ±14.2%Aug 12 — IV 100% · EM ±12.6%Aug 13 — IV 75% · EM ±8.9%Aug 14 — IV 91% · EM ±10.0%Aug 17 — IV 153% · EM ±12.8%Aug 18 — IV 106% · EM ±7.7%Aug 19 — IV 219% · EM ±13.0%Aug 20 — IV 262% · EM ±11.0%Aug 24 — IV 64% · EM ±13.4%Aug 25 — IV 71% · EM ±14.5%Aug 26 — IV 69% · EM ±13.9%Aug 27 — IV 84% · EM ±16.5%Aug 28 — IV 67% · EM ±12.8%Aug 31 — IV 98% · EM ±17.4%Sep 01 — IV 89% · EM ±15.3%Sep 02 — IV 84% · EM ±14.1%Sep 03 — IV 76% · EM ±12.3%Sep 04 — IV 64% · EM ±10.1%

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