{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-053272","form_type":"8-K","ticker":"FWRD","cik":"0000912728","company_name":"FORWARD AIR CORP","filed_at":"2026-08-05T20:00:18+00:00","discovered_at":"2026-08-05T20:01:02.372787+00:00","generated_at":"2026-08-05T20:01:11.286835+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Forward Air Q2 revenue record $673M, but $244M goodwill impairment drives net loss of $244M","bullets":["Q2 revenue $673M (record), up 8.8% YoY; operating loss $201M includes $244M non-cash goodwill impairment in Omni Logistics.","Excluding impairment, operating income $43M, more than double prior year's $20M.","Net loss from continuing ops $243.9M ($6.33/diluted share) vs $20.4M loss ($0.41) last year.","Consolidated EBITDA $93M, up from $79M; LTM EBITDA $319M per credit agreement.","Liquidity $401M ($139M cash + $261M credit facility); Expedited Freight segment best in 2.5 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-053272","json":"https://secwatch.observer/filing/0001628280-26-053272.json","markdown":"https://secwatch.observer/filing/0001628280-26-053272.md","text":"https://secwatch.observer/filing/0001628280-26-053272.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912728/000162828026053272/0001628280-26-053272-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912728/000162828026053272/fwrd-20260805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-05T20:01:11.286835+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}