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Mar 31
Forward Air Q1 2025 Earnings Report
Reported financial results for the three months ended March 31, 2025
Key Takeaways
Forward Air Corporation reported improved financial results in the first quarter of 2025 compared to the prior year, with consolidated revenue increasing by 13.2% to $613.3 million. The company saw a significant improvement in income from operations, moving from a loss of $65.7 million in Q1 2024 to a profit of $4.8 million in Q1 2025. Net loss also narrowed from $88.8 million to $61.2 million.
Consolidated revenue for Q1 2025 was $613.3 million, a 13.2% increase year-over-year.
Income from operations improved significantly to $4.8 million in Q1 2025 compared to a $65.7 million loss in Q1 2024.
Net loss for the quarter was $61.2 million, an improvement from the $88.8 million loss in the prior year period.
Consolidated EBITDA was $69.0 million for the quarter, up 8.8% year-over-year.
Forward Air
Forward Air
Forward Air Revenue by Segment
Revenue by Segment
Expedited Freight Revenue
CapyFin.comOmni Logistics Revenue
CapyFin.comIntermodal Revenue
CapyFin.com Forward Guidance
The report does not contain specific forward guidance details, such as revenue or EPS projections for the next quarter or full year.