FORWARD AIR CORPORATION (FWRD)

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=jivedata("FWRD","financials")

Full statements spill as a table. For one cell: =jivedata("FWRD","Revenue") or =jivedata("FWRD","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

FORWARD AIR CORPORATION

FWRD • CIK 0000912728

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Revenue from Contract with Customer, Excluding Assessed Tax	$1,370,735	$2,474,262	$2,495,118	$2,518,075
Operating Income (Loss)	$88,210	$-1,062,936	$36,424	$-168,732
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$56,639	$-1,249,832	$-147,197	$-350,917
Income Tax Expense (Benefit)	$13,836	$-124,991	$-5,472	$-6,693
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	—	—	$-141,725	$-344,224
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	—	—	$0	$-2,075
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	—	$-1,131,228	$-141,725	$-346,299
Net Income (Loss) Attributable to Noncontrolling Interest	—	$-314,259	$-33,929	$-60,104
Net Income (Loss) Attributable to Parent	$167,351	$-816,969	$-107,796	$-286,195
Operating Costs and Expenses	$586,195	$1,250,570	$1,244,471	$1,256,578
Labor and Related Expense	$287,566	$536,406	$535,681	$493,892
Operating Lease, Expense	$87,413	$182,197	$204,029	$205,696
Depreciation, Depletion and Amortization	$57,405	$143,978	$152,638	$155,255
Operating Insurance and Claims Costs, Production	$50,133	$64,682	$58,970	$55,604
Fuel Costs	$22,004	$21,460	$20,122	$20,766
Other Cost and Expense, Operating	$191,809	$309,508	$242,783	$255,010
Goodwill, Impairment Loss	$0	$1,028,397	$0	$244,006
Costs and Expenses	$1,282,525	$3,537,198	$2,458,694	$2,686,807
InterestExpenseNonoperating	—	$189,215	$180,747	$177,182
Foreign Currency Transaction Gain (Loss), before Tax	—	$1,093	$-5,892	$815
Other Nonoperating Income (Expense)	—	$1,226	$3,018	$-5,818
Nonoperating Income (Expense)	$-31,571	$-186,896	$-183,621	$-182,185
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	—	$-2,732	$4,320	$-2,687
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	—	$-1,133,960	$-137,405	$-348,986
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	—	$-314,259	$-32,921	$-59,436
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	—	$-819,701	$-104,484	$-289,550

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	$258,095	$326,188	$297,882	$274,670
Operating Lease, Right-of-Use Asset	$111,552	$410,084	$412,535	$361,426
Goodwill	$278,706	$522,712	$522,712	$278,706
Intangible Assets, Net (Excluding Goodwill)	$134,789	$999,216	$906,791	$860,915
Other Assets, Noncurrent	—	—	$58,023	$52,012
Assets	$2,979,533	$2,802,641	$2,718,944	$2,410,845
Finance Lease, Liability, Noncurrent	$26,736	$30,858	$22,387	$16,804
Long-term Debt, Excluding Current Maturities	$0	$1,675,930	$1,687,248	$1,693,340
Operating Lease, Liability, Noncurrent	$71,598	$325,640	$327,011	$277,379
Other Liabilities, Noncurrent	$47,144	$48,835	$53,540	$53,265
Deferred Income Tax Liabilities, Net	$42,200	$38,169	$27,221	$24,358
Cash and Cash Equivalents, at Carrying Value	$121,969	$104,903	$105,996	$139,448
Restricted Cash and Cash Equivalents, Current	—	—	$0	$0
Accounts Receivable, after Allowance for Credit Loss, Current	$153,267	$322,291	$343,559	$369,469
Other Receivables, Net, Current	$5,408	$205	$6,147	$6,104
Prepaid Expense and Other Assets, Current	$25,682	$29,053	$28,045	$26,465
Other Assets, Current	$1,098	$15,685	$37,254	$41,630
Assets, Current	$347,028	$472,500	$521,001	$583,116
Accounts Payable, Current	$45,430	$105,692	$121,752	$118,651
Accrued Liabilities, Current	$62,948	$119,836	$114,422	$118,551
Other Liabilities, Current	$71,727	$45,148	$69,130	$81,911
Finance Lease, Liability, Current	$12,645	$16,930	$15,995	$14,961
Operating Lease, Liability, Current	$44,344	$96,440	$107,026	$107,497
Liabilities, Current	$237,094	$384,046	$428,325	$441,571
Preferred Stock, Value, Issued	$0	$0	$0	$0
Common Stock, Value, Issued	$257	$298	$313	$337
Additional Paid in Capital	$283,684	$542,392	$559,551	$575,818
Retained Earnings (Accumulated Deficit)	$480,320	$-338,230	$-447,100	$-690,324
Accumulated Other Comprehensive Income (Loss), Net of Tax	—	$-2,732	$580	$-1,261
Stockholders' Equity Attributable to Parent	$764,261	$201,728	$113,344	$-115,430
Stockholders' Equity Attributable to Noncontrolling Interest	—	$84,140	$48,320	$-7,236
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	—	$285,868	$161,664	$-122,666
Accounts Receivable, Allowance for Credit Loss, Current	$2,206	$3,269	$3,749	$5,369
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, Accumulated Depreciation and Amortization	$250,185	$292,855	$340,021	$352,920
Finite-Lived Intangible Assets, Accumulated Amortization	$127,032	$212,905	$301,453	$346,229
Preferred Stock, Shares Authorized	5,000,000	5,000,000	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0	0	0
Common Stock, Shares Authorized	50,000,000	50,699,707	50,000,000	50,000,000
Common Stock, Shares, Issued	25,670,663	29,761,197	31,326,561	33,736,000

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	—	—	$-141,725	$-344,224
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	$199,212	$-69,015	$44,384	$44,384
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	—	$1,013	$791	$-10
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectContinuingOperations	—	$-1,840,420	$730	$44,141
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$1,952,073	$105,266	$105,996	$130,344
Depreciation, Depletion and Amortization	$57,405	$143,978	$152,638	$155,255
Proceeds from Sale of Property, Plant, and Equipment	$3,741	$5,137	$2,204	$3,262
Goodwill, Impairment Loss	$0	$1,028,397	$0	$244,006
Payments to Acquire Property, Plant, and Equipment	$30,725	$37,060	$29,116	$22,625
Share-based Payment Arrangement, Noncash Expense	$11,495	$10,188	$13,429	$9,792
Payments to Acquire Businesses, Net of Cash Acquired	$56,703	$1,576,219	$0	$0
Provision for Other Losses	$5,091	$3,635	$3,249	$3,333
Payments for (Proceeds from) Other Investing Activities	—	$444	$0	$31
Deferred Income Tax Expense (Benefit)	$-8,893	$-133,510	$-10,948	$-8,997
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	$-83,687	$-1,608,586	$-26,912	$-26,912
Other Operating Activities, Cash Flow Statement	$-1,180	$14,917	$11,504	$1,223
Proceeds from Long-term Lines of Credit	$70,000	$75,000	$110,000	$25,000
Repayments of Long-term Lines of Credit	$178,500	$155,000	$110,000	$25,000
Proceeds from Issuance of Other Long-term Debt	$1,790,500	$0	$0	$0
Payments of Debt Issuance Costs	$0	$52,471	$0	$0
Payment for Contingent Consideration Liability, Financing Activities	$0	$12,247	$0	$0
Payments of Dividends	$24,995	$0	$0	$0
Payments for Repurchase of Common Stock	$93,811	$0	$0	$0
Proceeds from Issuance of Common Stock	$800	$753	$846	$1,146
Payment, Tax Withholding, Share-based Payment Arrangement	$4,340	$1,442	$1,074	$878
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	$1,790,726	$-163,832	$-17,533	$-17,533
Cash Provided by (Used in) Operating Activities, Discontinued Operations	$-17,824	$-6,387	$0	$0
Cash Provided by (Used in) Investing Activities, Discontinued Operations	$258,525	$0	$0	$0
Cash Provided by (Used in) Financing Activities, Discontinued Operations	$-240,701	$0	$0	$0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$1,906,251	$-1,846,807	$730	$730
Cash and Cash Equivalents, at Carrying Value	$121,969	$104,903	$105,996	$130,707
Restricted Cash and Cash Equivalents, Current	—	—	$0	$0
Increase (Decrease) in Accounts and Notes Receivable	$-30,555	$-9,546	$18,005	$37,080
Increase (Decrease) in Other Receivables	$5,408	$-9,677	$7,365	$8,173
Increase (Decrease) in Prepaid Expense and Other Assets	$-30,683	$15,085	$24,422	$33,209

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Import this data to Google Sheets with:

=jivedata("FWRD","financials")

Full statements spill as a table. For one cell: =jivedata("FWRD","Revenue") or =jivedata("FWRD","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.