Quick Answer
FORWARD AIR CORP reported Shares Outstanding of 31.33 million shares for fiscal year 2025.
FORWARD AIR CORP Shares Outstanding — Annual History
| Fiscal Year | Shares Outstanding | YoY Change |
|---|---|---|
| 2025 | 31.33M | +5.3% |
| 2024 | 29.76M | +15.9% |
| 2023 | 25.67M | -3.0% |
| 2022 | 26.46M | -1.9% |
| 2021 | 26.97M | -1.3% |
| 2020 | 27.32M | -1.9% |
| 2019 | 27.85M | -2.4% |
| 2018 | 28.53M | -3.1% |
| 2017 | 29.45M | -2.1% |
| 2016 | 30.09M | -1.5% |
| 2015 | 30.54M | +1.0% |
| 2014 | 30.26M | -0.9% |
| 2013 | 30.52M | +4.5% |
| 2012 | 29.19M | +2.2% |
| 2011 | 28.55M | -1.6% |
| 2010 | 29.03M | — |
Quarterly Shares Outstanding
| Quarter Ending | Shares Outstanding | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | 31.20M | +8.8% | +2.0% |
| June 30, 2025 | 30.61M | +10.5% | +0.6% |
| March 31, 2025 | 30.41M | +15.0% | +2.2% |
| December 31, 2024 | 29.76M | +15.9% | +3.7% |
| September 30, 2024 | 28.69M | +11.8% | +3.6% |
| June 30, 2024 | 27.70M | +7.4% | +4.8% |
| March 31, 2024 | 26.44M | +1.5% | +3.0% |
| December 31, 2023 | 25.67M | -3.0% | +0.0% |
- FORWARD AIR CORP showed an increase of +5.3% in Shares Outstanding compared to the prior fiscal year.
- Over the 2010–2025 period, FORWARD AIR CORP’s shares outstanding has grown by 7.9% (from 29.03 million shares to 31.33 million shares).
- 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.
Last verified: