Forward Air Q2 FY26 adjusted operating income more than doubles to $42.69 million; revenue rises 8.8% to $673.04 million

Reuters2026/08/05 20:04

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Forward Air posted Q2 2026 revenue of $673.04 million, up 8.8% year over year, marking its highest quarterly operating revenue on record.
Operating results swung to a loss of $201.31 million from profit a year earlier, reflecting a $244.01 million non-cash goodwill impairment in Omni Logistics.
GAAP loss from continuing operations widened to $243.86 million, or $6.33 per diluted share.
Non-GAAP consolidated EBITDA rose 17.6% to $92.99 million, while non-GAAP adjusted operating income more than doubled to $42.69 million.
Liquidity totaled $401 million, including $139.45 million in cash; management cited improving freight conditions and momentum from transformation efforts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forward Air Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-053272), on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Forward Air Q2 FY26 adjusted operating income more than doubles to $42.69 million; revenue rises 8.8% to $673.04 million

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