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Forward Air Corporation

FWRD Industrials Integrated Freight & Logistics
$10.36
▲ +0.1% Today
as of Jun 7, 07:15 ET
Last 30 days -53.77% Apr 28 → Jun 05
$7.18 $11.27 $15.36 $19.45 $23.54 Apr 28 May 05 May 13 May 20 May 29 Jun 05
Open
$10.33
High
$10.76
Low
$10.19
Volume
$596,058
Avg Vol
$776,906
Mkt Cap
$328M
P/E (TTM)
Beta
52w High
$32.47
52w Low
$7.86
Div Yield
Shares Out
$32M

Overview

52-week range
$7.86
$32
10% of range
Avg surprise (last 2)
-224.9%
Avg reaction (last 2)
-1.4%
50% positive
Latest IV / EM
89%
EM ±12.3% · $10 · Jun 18

Earnings trends

EPS — actual vs estimate Actual Estimate
$-23.47$-17.41$-11.35$-5.30$0.76 Actual $0.76Actual $0.36Actual $-2.81Actual $-23.47Actual $-2.66Actual $-1.59Est $-0.47Actual $-0.41Actual $-0.52Actual $-1.09Est $-0.35 JunSepMarJunSepMar/2025JunSepMar/2026
Revenue vs Net Income Revenue Net income
$-645M$-487M$-329M$-171M$-13M Jun 24Sep 24Mar 25Jun 25Sep 25Mar 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
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 Jun 30, 2025Jun 2025 $-0.41 financials
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
Sat Sep 30, 2023Sep 2023 $0.36 financials
Fri Jun 30, 2023Jun 2023 $0.76 financials

Financials

Income statement (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue
Cost of revenue
Gross profit
Operating income$20M$15M$20M$5M$23M$-1.10B
Net income$-34M$-16M$-13M$-51M$-73M$-645M
EPS (diluted)$-1.09$-0.52$-0.41$-1.68$-2.66$-23.47

Balance sheet (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Cash & equivalents$141M$106M$140M$95M$116M$105M$137M$85M
Inventory
Total current assets$542M$521M$552M$475M$493M$472M$545M$559M
Total assets$2.70B$2.72B$2.79B$2.76B$2.80B$2.80B$3.06B$3.07B
Long-term debt$1.69B$1.69B$1.68B$1.68B$1.68B$1.68B$1.67B$1.68B
Total liabilities
Total equity$81M$113M$140M$152M$155M$202M$226M$284M

Implied volatility — last 90 days

83%86%88%91%93% Jun 07 — IV 89% · EM ±12.3%

Sector peers

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