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Forward AIR Corp revenue

Forward AIR Corp's revenue was $2.50bn in fiscal 2025, up 0.8% on the year before. Since fiscal 2009 ($417m) it has grown at a compound 11.8% a year. Over the last twelve months it was $2.52bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue4174845365846527819591,0301,1691,1381,2151,2701,3871,6801,3712,4742,4952,518
Growth on the year before—+15.9%+10.8%+9.0%+11.6%+19.7%+22.8%+7.4%+13.5%−2.7%+6.8%+4.5%+9.3%+21.1%−18.4%+80.5%+0.8%—
Gross profit———————569624573629619——————

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Omni Logistics $1.4B 54.2% ▲ 12.9%
Expedited Freight $915M 36.7% ▼ 12.5%
Intermodal $229M 9.2% ▼ 1.3%
Corporate $0 0.0% ▼ 100.0%
Geography
Region Revenue Share YoY
United States $2.2B 86.8% —
Outside the US $330M 13.2% —

From Forward AIR Corp's 10-K filed March 11, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Air Freight & Logistics: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Forward AIR Corp $2.52bn -0.1% 18.1%
Corporacion America Airports S.a. $1.96bn 6.4% —
RXO, Inc. $6.54bn 10.1% 17.1%
Radiant Logistics, Inc $934m 3.5% -4.9%
ZTO Express (cayman) Inc. $6.83bn 11.0% —
Bingex Ltd $555m -10.6% —

Compare with peers

Head to head: CAAP vs FWRDFWRD vs RXOFWRD vs RLGT

More: Air Freight & Logistics stocks compared, Industrials sector, rankings of US companies

Figures from Forward AIR Corp's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Forward AIR Corp.