Forward Air Corporation revenue by segment FWRD

Forward Air Corporation splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Omni Logistics at $1.4 billion, 54% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Omni Logistics at $1.4 billion, 54% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
2,518
2,495
2,474
1,371
1,680
1,387
1,270
1,215
1,138
1,169
1,030
Operating segments
Omni Logistics
—
1,351
+12.9%
share 54.2%
1,197
share 48.4%
—
—
—
—
—
—
—
—
Expedited Freight
—
915
-12.5%
share 36.7%
1,045
share 42.2%
—
—
—
—
—
926
+9.4%
share 81.4%
847
share 72.4%
—
Intermodal
—
229
-1.3%
share 9.2%
232
-15.2%
share 9.4%
274
-34.7%
share 20.0%
420
share 25.0%
—
—
218
+8.4%
share 17.9%
201
+30.0%
share 17.6%
154
share 13.2%
—
Sales mix
Omni Logistics
—
1,351
+12.9%
share 54.2%
1,197
share 48.4%
—
—
—
—
—
—
—
—
Expedited Freight
—
915
-12.5%
share 36.7%
1,045
share 42.2%
—
—
—
—
—
926
+9.4%
share 81.4%
847
share 72.4%
—
Intermodal
—
229
-1.3%
share 9.2%
232
-15.2%
share 9.4%
274
-34.7%
share 20.0%
420
share 25.0%
—
—
218
+8.4%
share 17.9%
201
+30.0%
share 17.6%
154
share 13.2%
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Arrangement of Transportation of Freight & Cargo (SIC 4731)
Listed as
FWRD (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Dallas, TX
SEC filer status
Accelerated filer
SEC CIK
912728
Former names
LANDAIR SERVICES INC (until Aug 14, 1998)

Other Arrangement of Transportation of Freight & Cargo companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.