Forward Air Corporation Reports $619 Million Consolidated Revenue for <a href="https://laohu8.com/S/QTWO">Q2</a> 2025, Up $6 Million Sequentially; Income from Operations Rises to $20 Million
Forward Air Corporation has reported its financial results for the second quarter of 2025. The company posted consolidated revenue of $619 million, a decrease from $644 million in the same quarter of 2024. However, revenue increased sequentially by $6 million from the first quarter of 2025. Income from operations improved significantly, reaching $20 million in the second quarter, compared to a loss from operations of $3 million in the same quarter of the previous year, excluding an impairment of goodwill. Sequentially, this represents an increase of $15 million from the first quarter of 2025. The Expedited Freight segment showcased improved margins, with the highest reported EBITDA margin in six quarters. The consolidated EBITDA for the second quarter of 2025 was $74 million, an increase of $5 million from the previous quarter. The last twelve months' consolidated EBITDA as of June 30, 2025, was reported at $298 million. The company has attributed these results to effective cost management and operational improvements amid a challenging freight environment. Forward Air Corporation remains focused on maintaining rigorous cost controls and aligning pricing actions to bolster its financial performance in the long term.
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