---
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"
generated_at: "2026-08-05T20:01:11.286835+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Forward Air Q2 revenue record $673M, but $244M goodwill impairment drives net loss of $244M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-053272
- JSON: https://secwatch.observer/filing/0001628280-26-053272.json
- Plain text: https://secwatch.observer/filing/0001628280-26-053272.txt

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