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AI brief of an SEC Form 8-K · FORWARD AIR CORP (FWRD)

Forward Air Q3 2026 revenue rises 6.7% to $674 million; net income turns positive

Positive Impact 3 of 5 earnings

Forward Air reported third quarter 2026 operating revenues of $674 million, up from $632 million a year earlier, and operating income of $44 million versus $15 million. Net income attributable to Forward Air was $11.4 million, or $0.34 per diluted share, compared with a loss of $16.3 million, or $0.52 per share, in the prior-year quarter. Nine-month results were hurt by a $244.0 million goodwill impairment, and quarterly operating cash flow fell 33.0%.

Key points

  • Operating revenues were $673.9 million for the quarter ended September 30, 2026, up 6.7% from $631.8 million.
  • Operating income was $43.9 million versus $15.0 million; net income attributable to Forward Air was $11.4 million, or $0.34 per diluted share, versus a loss of $0.52 per share.
  • Nine-month operating loss was $137.0 million, including a $244.0 million goodwill impairment.
  • Quarterly net cash from operating activities fell 33.0% to $35.3 million; free cash flow was $33.3 million versus $48.9 million.

The filing

CompanyFORWARD AIR CORP (FWRD)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:01 PM ET
Accession number0001628280-26-072112

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 5:16 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.