FORWARD AIR CORP - 8-K Filing
Forward Air Corporation reported Q1 2026 results on May 7, 2026, with revenue of $582 million (down 5.1% YoY) and a net loss of $40.2 million ($1.09 per share), compared to a $61.2 million loss ($1.68 per share) in Q1 2025. Operating income improved to $20.4 million (up 329% YoY), driven by higher Expedited Freight EBITDA of $28 million (10.4% margin) and improved Omni Logistics EBITDA of $25 million (8.3% margin). The company noted liquidity of $402 million and ongoing discussions with a major customer (accounting for ~$250 million in 2025 revenue) about transitioning a portion of its busines... (Items: 2.02 Results of Operations and Financial Condition, 9.01 Financial Statements and Exhibits)
Tickers: $FWRD