Companies/Forward Air Corporation
Company profile

Forward Air Corporation

NASDAQ: FWRD · Industrials · Integrated Freight & Logistics
PublicHQ Greeneville, TN · GreeneCIK 0000912728Reports USD
#191 of 976 Industrials companies by revenue40th-percentile growth
EA Score
56C
Revenue TTM
$2.5B
Rev growth YoY (TTM)
-3.2%
Net income (FY)
-$107.8M
Employees
6,062
as of 2026-08-12
Market cap
$588.2M
as of 2026-08-12

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$2.5B$2.5B2025
Net income-$107.8M-$107.8M2025
Operating income$36.4M$36.4M2025
Total assets$2.7B$2.7B2025
Equity$113.3M$113.3M2025

Revenue trend

FY2023 – FY2025 · USD
FY23
FY23
FY23
FY24
FY24
FY24
FY24
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Expedited Freight81%
Intermodal19%
By geography
UNITED STATES87%
Non-US13%
The read

What is Forward Air Corporation’s revenue?

Forward Air Corporation booked $2.5B in FY2025 revenue, growing 0.8% year over yearabout the middle of the pack among Industrials companies we track, at a -4.3% net margin.

Key facts
CEOShawn Stewart
SectorIndustrials
IndustryIntegrated Freight & Logistics
HeadquartersGreeneville, TN
ExchangeNASDAQ: FWRD
Employees6,062
IPO date1993-11-16
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.