Forward Air Corp (FWRD) Free Cash Flow by Year
Forward Air Corp generated $15.3M in free cash flow in fiscal year 2025. This represents an increase of 114.4% from the prior fiscal year. Over the trailing 12 months, Q3 FY2025 through Q2 FY2026, the same line adds up to $48.2M in free cash flow. The table below carries 15 fiscal years, from 2011 to 2025, and the quarters Forward Air Corp has filed alongside them.
Annual figures, oldest first. Point at a bar to read its period.
FWRD Free Cash Flow by Fiscal Year
Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.
| Metric | TTM | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K | FY2010-K | FY1910-K | FY1810-K | FY1710-K | FY1610-K | FY1510-K | FY1410-K | FY1310-K | FY1210-K | FY1110-K |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | $48.2M | $15.3M+114.4% | -$106.1M-163.0% | $168.5M-20.1% | $210.9M+156.5% | $82.2M+8.4% | $75.8M-44.6% | $137.0M+21.3% | $113.0M+73.6% | $65.1M-26.2% | $88.2M+94.9% | $45.2M-13.3% | $52.2M-5.8% | $55.4M+17.3% | $47.2M-15.3% | $55.7M |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings.
FWRD Free Cash Flow by Quarter
Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.
What free cash flow means
Free cash flow is the cash operations produced over the period, less what the company spent on property, plant and equipment, so it answers what was left over rather than what was earned on paper.
More Forward Air Corp financials
Frequently Asked Questions
What was Forward Air Corp's free cash flow in fiscal year 2025?
Forward Air Corp generated $15.3M in free cash flow in fiscal year 2025.
How fast is Forward Air Corp's free cash flow growing?
Forward Air Corp (FWRD) free cash flow rose by 114.4% year over year, from -$106.1M to $15.3M in fiscal year 2025.
What is Forward Air Corp's free cash flow over the last twelve months?
Forward Air Corp (FWRD) reported $48.2M in free cash flow over the trailing 12 months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings.
How has Forward Air Corp's free cash flow changed over the years?
Across the 15 fiscal years this page covers, Forward Air Corp (FWRD) free cash flow went from $55.7M in fiscal year 2011 to $15.3M in fiscal year 2025.
What was Forward Air Corp's free cash flow in the most recent quarter?
Forward Air Corp (FWRD) reported -$8.1M in free cash flow in Q2 2026. This represents an increase of 54.9% from the same quarter a year earlier.
What does free cash flow mean on a financial statement?
Free cash flow is the cash operations produced over the period, less what the company spent on property, plant and equipment, so it answers what was left over rather than what was earned on paper. This page lists what Forward Air Corp (FWRD) reported on that line in every period on record.