|
Q2 FY2026
As of Jun 30, 2026
|
Q1 FY2026
As of Mar 31, 2026
|
Q4 FY2025
As of Dec 31, 2025
|
Q3 FY2025
As of Sep 30, 2025
|
Q2 FY2025
As of Jun 30, 2025
|
Q1 FY2025
As of Mar 31, 2025
|
Q4 FY2024
As of Dec 31, 2024
|
Q3 FY2024
As of Sep 30, 2024
|
Q2 FY2024
As of Jun 30, 2024
|
Q1 FY2024
As of Mar 31, 2024
|
Q4 FY2023
As of Dec 31, 2023
|
Q3 FY2023
As of Sep 30, 2023
|
Q2 FY2023
As of Jun 30, 2023
|
Q1 FY2023
As of Mar 31, 2023
|
Q4 FY2022
As of Dec 31, 2022
|
Q3 FY2022
As of Sep 30, 2022
|
Q2 FY2022
As of Jun 30, 2022
|
Q1 FY2022
As of Mar 31, 2022
|
Q4 FY2021
As of Dec 31, 2021
|
Q3 FY2021
As of Sep 30, 2021
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||||||||||
| Current assets: | ||||||||||||||||||||
| Cash and cash equivalents | ||||||||||||||||||||
| Restricted cash and restricted cash equivalents | ||||||||||||||||||||
| Accounts receivable, less allowance of $5,369 in 2026 and $3,749 in 2025 | ||||||||||||||||||||
| Other receivables | ||||||||||||||||||||
| Prepaid expenses | ||||||||||||||||||||
| Other current assets | ||||||||||||||||||||
| Current assets held for sale | ||||||||||||||||||||
| Total current assets | ||||||||||||||||||||
| Property and equipment | ||||||||||||||||||||
| Less accumulated depreciation and amortization | ||||||||||||||||||||
| Property and equipment, net of accumulated depreciation and amortization of $243,032 in 2023 and $220,669 in 2022 | ||||||||||||||||||||
| Noncurrent restricted cash equivalents | ||||||||||||||||||||
| Property and equipment, net of accumulated depreciation and amortization of $352,920 in 2026 and $340,021 in 2025 | ||||||||||||||||||||
| Operating lease right-of-use assets | ||||||||||||||||||||
| Goodwill | ||||||||||||||||||||
| Other intangible assets, net of accumulated amortization of $346,229 in 2026 and $301,453 in 2025 | ||||||||||||||||||||
| Other assets | ||||||||||||||||||||
| Noncurrent assets held for sale | ||||||||||||||||||||
| Other long-term assets | ||||||||||||||||||||
| Total assets | ||||||||||||||||||||
| LIABILITIES AND SHAREHOLDERS' (DEFICIT) EQUITY | ||||||||||||||||||||
| Current liabilities: | ||||||||||||||||||||
| Accounts payable | ||||||||||||||||||||
| Accrued expenses | ||||||||||||||||||||
| Other current liabilities | ||||||||||||||||||||
| Current portion of debt and finance lease obligations | ||||||||||||||||||||
| Current portion of finance lease obligations | ||||||||||||||||||||
| Current portion of operating lease liabilities | ||||||||||||||||||||
| Current liabilities held for sale | ||||||||||||||||||||
| Total current liabilities | ||||||||||||||||||||
| Long-term debt | ||||||||||||||||||||
| Long-term debt held in escrow | ||||||||||||||||||||
| Liability from tax receivable agreement | ||||||||||||||||||||
| Liabilities under Tax Receivable Agreement | ||||||||||||||||||||
| Finance lease obligations, less current portion | ||||||||||||||||||||
| Operating lease liabilities, less current portion | ||||||||||||||||||||
| Deferred income taxes | ||||||||||||||||||||
| Noncurrent liabilities held for sale | ||||||||||||||||||||
| Total non-current liabilities | ||||||||||||||||||||
| Other long-term liabilities | ||||||||||||||||||||
| Total liabilities | ||||||||||||||||||||
| Shareholders' (deficit) equity: | ||||||||||||||||||||
| Preferred stock, value | ||||||||||||||||||||
| Preferred Stock | ||||||||||||||||||||
| Preferred Class B | ||||||||||||||||||||
| Preferred Class C | ||||||||||||||||||||
| Total preferred stock, value | ||||||||||||||||||||
| Common stock, $0.01 par value; 50,000 shares authorized; 33,736 and 31,327 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Additional paid-in capital | ||||||||||||||||||||
| Accumulated deficit | ||||||||||||||||||||
| Accumulated other comprehensive income | ||||||||||||||||||||
| Total Forward Air shareholders' (deficit) equity | ||||||||||||||||||||
| Noncontrolling interest | ||||||||||||||||||||
| Total shareholders' (deficit) equity | ||||||||||||||||||||
| Total liabilities and shareholders' (deficit) equity | ||||||||||||||||||||
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