FWRDForward Air Corporation

$16.34-31% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: nothing decisive, though operating margin narrowing (−11.0 points).

1 to watch, 1 neutral, 1 without data
Revenue trend−0% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +11% a year.

Margin direction−11.0 points operating

Trailing-twelve-month operating margin, -6.1% now against 4.8% a year earlier.

All from SEC EDGAR, as of Jun 30, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is FWRD growing?

Forward Air Corporation has grown revenue 18% a year over three years and 11% a year over five.

+18%

Revenue growth, 3-year annual rate · Integrated Freight & Logistics median +1.7% · compounding fast · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate
+11%

Revenue growth, 5-year rate · +18% over three · growth has picked up over the last three years

Years of annual history on file
18

Years of annual history on file · FY2008 to FY2025, as filed

Details›
Revenue FY2021
$1.39B
Revenue FY2022
$1.68B
Revenue FY2023
$1.37B
Revenue FY2024
$2.47B
Revenue FY2025
$2.50B

Annual income statements as filed with the SEC.