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Side-by-side financial comparison of FORWARD AIR CORP (FWRD) and Gen Digital (GEN). Click either name above to swap in a different company.
Gen Digital is the larger business by last-quarter revenue ($1.2B vs $631.2M, roughly 2.0× FORWARD AIR CORP). Gen Digital runs the higher net margin — 15.5% vs -4.5%, a 20.0% gap on every dollar of revenue. On growth, Gen Digital posted the faster year-over-year revenue change (28.5% vs -0.3%). Over the past eight quarters, Gen Digital's revenue compounded faster (13.2% CAGR vs 7.9%).
Forward Air Corp is a leading North American asset-light logistics and transportation provider. It offers core services including expedited less-than-truckload freight delivery, final-mile logistics, intermodal transport, warehousing, and supply chain solutions, serving key sectors such as e-commerce, retail, manufacturing, and automotive across the U.S., Canada, and Mexico.
Gen Digital Inc. is a multinational software company co-headquartered in both Tempe, Arizona (USA) and Prague, Czech Republic (EU). The company provides cybersecurity software, financial technology, and services. Gen is a Fortune 500 company and a member of the S&P 500 stock-market index. It is listed at both NASDAQ and Prague Stock Exchange. Its portfolio includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, MoneyLion and CCleaner.
FWRD vs GEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $631.2M | $1.2B |
| Net Profit | $-28.3M | $192.0M |
| Gross Margin | — | 78.4% |
| Operating Margin | -0.5% | 34.9% |
| Net Margin | -4.5% | 15.5% |
| Revenue YoY | -0.3% | 28.5% |
| Net Profit YoY | 22.2% | 6.1% |
| EPS (diluted) | $-0.90 | $0.31 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.2B | ||
| Q4 25 | $631.2M | $1.2B | ||
| Q3 25 | $631.8M | $1.3B | ||
| Q2 25 | $618.8M | — | ||
| Q1 25 | $613.3M | $1.0B | ||
| Q4 24 | $632.8M | $986.0M | ||
| Q3 24 | $655.9M | $974.0M | ||
| Q2 24 | $643.7M | $965.0M |
| Q1 26 | — | $192.0M | ||
| Q4 25 | $-28.3M | $134.0M | ||
| Q3 25 | $-16.3M | $135.0M | ||
| Q2 25 | $-12.6M | — | ||
| Q1 25 | $-50.6M | $142.0M | ||
| Q4 24 | $-36.4M | $159.0M | ||
| Q3 24 | $-73.4M | $161.0M | ||
| Q2 24 | $-645.4M | $181.0M |
| Q1 26 | — | 78.4% | ||
| Q4 25 | — | 78.2% | ||
| Q3 25 | — | 78.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 80.3% | ||
| Q4 24 | — | 80.4% | ||
| Q3 24 | — | 80.1% | ||
| Q2 24 | — | 80.3% |
| Q1 26 | — | 34.9% | ||
| Q4 25 | -0.5% | 35.9% | ||
| Q3 25 | 2.4% | 35.5% | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 0.8% | 41.3% | ||
| Q4 24 | 12.0% | 37.9% | ||
| Q3 24 | 3.5% | 41.3% | ||
| Q2 24 | -170.2% | 43.2% |
| Q1 26 | — | 15.5% | ||
| Q4 25 | -4.5% | 11.0% | ||
| Q3 25 | -2.6% | 10.7% | ||
| Q2 25 | -2.0% | — | ||
| Q1 25 | -8.3% | 14.1% | ||
| Q4 24 | -5.8% | 16.1% | ||
| Q3 24 | -11.2% | 16.5% | ||
| Q2 24 | -100.3% | 18.8% |
| Q1 26 | — | $0.31 | ||
| Q4 25 | $-0.90 | $0.21 | ||
| Q3 25 | $-0.52 | $0.22 | ||
| Q2 25 | $-0.41 | — | ||
| Q1 25 | $-1.68 | $0.22 | ||
| Q4 24 | $-1.69 | $0.26 | ||
| Q3 24 | $-2.66 | $0.26 | ||
| Q2 24 | $-23.47 | $0.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $106.0M | — |
| Total DebtLower is stronger | $1.7B | $8.4B |
| Stockholders' EquityBook value | $113.3M | $2.3B |
| Total Assets | $2.7B | $15.8B |
| Debt / EquityLower = less leverage | 14.89× | 3.61× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $106.0M | — | ||
| Q3 25 | $140.4M | — | ||
| Q2 25 | $95.1M | — | ||
| Q1 25 | $116.3M | $1.0B | ||
| Q4 24 | $104.9M | $883.0M | ||
| Q3 24 | $136.6M | $737.0M | ||
| Q2 24 | $84.9M | $644.0M |
| Q1 26 | — | $8.4B | ||
| Q4 25 | $1.7B | $8.7B | ||
| Q3 25 | $1.7B | $8.9B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | — | $8.5B | ||
| Q3 24 | — | $8.5B | ||
| Q2 24 | — | $8.5B |
| Q1 26 | — | $2.3B | ||
| Q4 25 | $113.3M | $2.5B | ||
| Q3 25 | $139.8M | $2.4B | ||
| Q2 25 | $151.8M | — | ||
| Q1 25 | $154.6M | $2.3B | ||
| Q4 24 | $201.7M | $2.2B | ||
| Q3 24 | $226.1M | $2.1B | ||
| Q2 24 | $283.8M | $2.0B |
| Q1 26 | — | $15.8B | ||
| Q4 25 | $2.7B | $16.1B | ||
| Q3 25 | $2.8B | $16.4B | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.8B | $15.5B | ||
| Q4 24 | $2.8B | $15.4B | ||
| Q3 24 | $3.1B | $15.5B | ||
| Q2 24 | $3.1B | $15.4B |
| Q1 26 | — | 3.61× | ||
| Q4 25 | 14.89× | 3.54× | ||
| Q3 25 | 12.05× | 3.75× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.64× | ||
| Q4 24 | — | 3.94× | ||
| Q3 24 | — | 4.06× | ||
| Q2 24 | — | 4.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FWRD
| Omni Logistics Segment | $359.8M | 57% |
| Network | $183.9M | 29% |
| Intermodal Segment | $50.2M | 8% |
| Truckload | $41.6M | 7% |
GEN
| Cyber Safety Platform | $819.0M | 66% |
| Trust Based Solutions | $421.0M | 34% |
| Net Interest Income On Notes Receivable | $4.0M | 0% |
