---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-008118"
form_type: "8-K"
ticker: "FWRD"
cik: "0000912728"
company_name: "FORWARD AIR CORP"
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T04:14:36.348894+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Forward Air Q4 revenue $633M (+87% YoY), net loss -$1.23/share; FY EBITDA $308M near top of guidance

## Summary
- Q4 revenue $633M (+87% YoY); operating income $76M includes $79M goodwill impairment adjustment.
- Full-year 2024 Consolidated EBITDA $308M, near top of guidance; achieved >$100M in annualized cost synergies.
- Net loss from continuing operations -$35.4M vs -$14.7M prior year; diluted EPS -$1.23 vs -$0.58.
- Liquidity $382M, down from $460M due to credit facility reduction and $60M interest payments.
- Expedited Freight segment impacted by pricing strategy; corrective actions implemented; Omni Logistics posted best quarterly EBITDA post-acquisition.

## SEC filing metadata
- accession: 0001628280-25-008118
- form_type: 8-K
- ticker: FWRD
- cik: 0000912728
- company_name: FORWARD AIR CORP
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912728/000162828025008118/0001628280-25-008118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912728/000162828025008118/fwrd-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-008118
- JSON: https://secwatch.observer/filing/0001628280-25-008118.json
- Plain text: https://secwatch.observer/filing/0001628280-25-008118.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.