Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) Per Share - Basic and Diluted Net Income (Loss) Per Share (Details)

v3.26.3
Net Income (Loss) Per Share - Basic and Diluted Net Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Numerator:        
Income (loss) from continuing operations $ 9,120 $ (23,757) $ (274,934) $ (105,312)
Less: net loss from continuing operations attributable to noncontrolling interest (2,259) (7,507) (46,431) (25,842)
Income (loss) from continuing operations attributable to Forward Air 11,379 (16,250) (228,503) (79,470)
Less: earnings allocated to participating securities from continuing operations (239) 0 0 0
Net income (loss) attributable to common shareholders from continuing operations 11,140 (16,250) (228,503) (79,470)
Net income (loss) attributable to common shareholders from continuing operations 11,140 (16,250) (228,503) (79,470)
Loss from discontinued operations, net of tax 0 0 (2,075) 0
Less: net loss from discontinued operations attributable to noncontrolling interest 0 0 (338) 0
Net loss attributable to common shareholders from discontinued operations 0 0 (1,737) 0
Net loss attributable to common shareholders from discontinued operations $ 0 $ 0 $ (1,737) $ 0
Denominator:        
Basic weighted-average shares outstanding (in shares) 32,486 30,972 32,615 30,538
Dilutive effect of securities (in shares) 39 0 0 0
Diluted weighted-average shares outstanding (in shares) 32,525 30,972 32,615 30,538
Basic net income (loss) per share attributable to Forward Air:        
Continuing operations (in dollars per share) $ 0.34 $ (0.52) $ (7.01) $ (2.60)
Discontinued operations (in dollars per share) 0 0 (0.05) 0
Net income (loss) per basic share (in dollars per share) 0.34 (0.52) (7.06) (2.60)
Diluted net income (loss) per share attributable to Forward Air:        
Continuing operations (in dollars per share) 0.34 (0.52) (7.01) (2.60)
Discontinued operations (in dollars per share) 0 0 (0.05) 0
Net income (loss) per diluted share (in dollars per share) $ 0.34 $ (0.52) $ (7.06) $ (2.60)