Quick Answer
FORWARD AIR CORP reported Operating Income of $36.42 million for fiscal year 2025.
FORWARD AIR CORP Operating Income — Annual History
| Fiscal Year | Operating Income | YoY Change |
|---|---|---|
| 2025 | $36.42M | +103.4% |
| 2024 | -$1.06B | -1305.0% |
| 2023 | $88.21M | -64.4% |
| 2022 | $247.59M | +68.4% |
| 2021 | $147.03M | +98.9% |
| 2020 | $73.92M | -34.2% |
| 2019 | $112.42M | -4.1% |
| 2018 | $117.22M | +7.8% |
| 2017 | $108.76M | +82.2% |
| 2016 | $59.70M | -27.0% |
| 2015 | $81.77M | -15.2% |
| 2014 | $96.41M | +14.3% |
| 2013 | $84.36M | +1.0% |
| 2012 | $83.53M | +8.3% |
| 2011 | $77.11M | +43.5% |
| 2010 | $53.74M | +189.7% |
| 2009 | $18.55M | -73.6% |
| 2008 | $70.28M | — |
Quarterly Operating Income
| Quarter Ending | Operating Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $15.01M | -33.9% | -23.1% |
| June 30, 2025 | $19.52M | +101.8% | +309.9% |
| March 31, 2025 | $4.76M | +107.2% | -79.0% |
| September 30, 2024 | $22.70M | +94.2% | +102.1% |
| June 30, 2024 | -$1.10B | -4262.4% | -1567.0% |
| March 31, 2024 | -$65.73M | -239.3% | -662.3% |
| September 30, 2023 | $11.69M | -83.7% | -55.6% |
| June 30, 2023 | $26.32M | -65.2% | -44.2% |
- FORWARD AIR CORP showed an increase of +103.4% in Operating Income compared to the prior fiscal year.
- Over the 2008–2025 period, FORWARD AIR CORP’s operating income has declined by 48.2% (from $70.28 million to $36.42 million).
- The most recent figure is from FORWARD AIR CORP’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 11, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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