SuperworthForward Air shares outstanding FWRD
Diluted shares outstanding, averaged over each quarter, from 2009.
- Latest quarter, to Jun 30, 2026
- 32.5M
- On a year earlier
- +6.7%
- more shares
Forward Air had 32.5M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 6.7% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 31.3M | +7% |
| FY2024 | 29.2M | +13% |
| FY2023 | 25.7M | −4% |
| FY2022 | 26.7M | −2% |
| FY2021 | 27.1M | −1% |
| FY2020 | 27.3M | −3% |
| FY2019 | 28.1M | −3% |
| FY2018 | 28.9M | −3% |
| FY2017 | 29.7M | −2% |
| FY2016 | 30.3M | −2% |
| FY2015 | 30.9M | +1% |
| FY2014 | 30.6M | −1% |
| FY2013 | 31M | +4% |
| FY2012 | 29.7M | +2% |
| FY2011 | 29M | −1% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 32.5M | +7% | |
| Q1 FY26 | 31.5M | +4% | |
| Q4 FY25 | 31.3M | +7% | |
| Q3 FY25 | 31M | +11% | |
| Q2 FY25 | 30.4M | +14% | |
| Q1 FY25 | 30.2M | +15% | |
| Q4 FY24 | 29.2M | +13% | |
| Q3 FY24 | 27.9M | +8% | |
| Q2 FY24 | 26.8M | +3% | |
| Q1 FY24 | 26.2M | −1% | |
| Q4 FY23 | 25.7M | −4% | |
| Q3 FY23 | 25.8M | −4% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Forward Air
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.