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Side-by-side financial comparison of FORWARD AIR CORP (FWRD) and Gaotu Techedu Inc. (GOTU). Click either name above to swap in a different company.

Gaotu Techedu Inc. is the larger business by last-quarter revenue ($767.1M vs $631.2M, roughly 1.2× FORWARD AIR CORP). Over the past eight quarters, Gaotu Techedu Inc.'s revenue compounded faster (141.9% 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.

Gaotu Techedu Inc. is a Chinese education technology company offering online tutoring services for K-12 students, along with foreign language and professional training courses for adults. The company was founded in 2014 by Xiang Dong Chen. Its primary product is the online education platform Genshuixue.

FWRD vs GOTU — Head-to-Head

Bigger by revenue
GOTU
GOTU
1.2× larger
GOTU
$767.1M
$631.2M
FWRD
Faster 2-yr revenue CAGR
GOTU
GOTU
Annualised
GOTU
141.9%
7.9%
FWRD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FWRD
FWRD
GOTU
GOTU
Revenue
$631.2M
$767.1M
Net Profit
$-28.3M
Gross Margin
Operating Margin
-0.5%
Net Margin
-4.5%
Revenue YoY
-0.3%
Net Profit YoY
22.2%
EPS (diluted)
$-0.90

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.

Revenue
FWRD
FWRD
GOTU
GOTU
Q4 25
$631.2M
$767.1M
Q3 25
$631.8M
$221.8M
Q2 25
$618.8M
$194.0M
Q1 25
$613.3M
$205.7M
Q4 24
$632.8M
$318.7M
Q3 24
$655.9M
$172.2M
Q2 24
$643.7M
$139.0M
Q1 24
$541.8M
$131.1M
Net Profit
FWRD
FWRD
GOTU
GOTU
Q4 25
$-28.3M
Q3 25
$-16.3M
$-20.7M
Q2 25
$-12.6M
$-30.2M
Q1 25
$-50.6M
Q4 24
$-36.4M
Q3 24
$-73.4M
Q2 24
$-645.4M
$-59.1M
Q1 24
$-61.7M
$-1.7M
Gross Margin
FWRD
FWRD
GOTU
GOTU
Q4 25
Q3 25
66.1%
Q2 25
66.0%
Q1 25
69.7%
Q4 24
Q3 24
64.4%
Q2 24
69.0%
Q1 24
71.3%
Operating Margin
FWRD
FWRD
GOTU
GOTU
Q4 25
-0.5%
Q3 25
2.4%
-11.3%
Q2 25
3.2%
-17.4%
Q1 25
0.8%
Q4 24
12.0%
Q3 24
3.5%
Q2 24
-170.2%
-46.0%
Q1 24
-12.1%
-8.2%
Net Margin
FWRD
FWRD
GOTU
GOTU
Q4 25
-4.5%
Q3 25
-2.6%
-9.3%
Q2 25
-2.0%
-15.5%
Q1 25
-8.3%
Q4 24
-5.8%
Q3 24
-11.2%
Q2 24
-100.3%
-42.5%
Q1 24
-11.4%
-1.3%
EPS (diluted)
FWRD
FWRD
GOTU
GOTU
Q4 25
$-0.90
Q3 25
$-0.52
Q2 25
$-0.41
Q1 25
$-1.68
Q4 24
$-1.69
Q3 24
$-2.66
Q2 24
$-23.47
Q1 24
$-2.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FWRD
FWRD
GOTU
GOTU
Cash + ST InvestmentsLiquidity on hand
$106.0M
$596.2M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$113.3M
$1.3B
Total Assets
$2.7B
$6.2B
Debt / EquityLower = less leverage
14.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FWRD
FWRD
GOTU
GOTU
Q4 25
$106.0M
$596.2M
Q3 25
$140.4M
$318.7M
Q2 25
$95.1M
$814.4M
Q1 25
$116.3M
$1.0B
Q4 24
$104.9M
$433.8M
Q3 24
$136.6M
$855.8M
Q2 24
$84.9M
$1.4B
Q1 24
$152.0M
$1.2B
Total Debt
FWRD
FWRD
GOTU
GOTU
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$1.7B
Stockholders' Equity
FWRD
FWRD
GOTU
GOTU
Q4 25
$113.3M
$1.3B
Q3 25
$139.8M
$1.4B
Q2 25
$151.8M
$1.6B
Q1 25
$154.6M
$1.9B
Q4 24
$201.7M
$264.9M
Q3 24
$226.1M
$2.1B
Q2 24
$283.8M
$2.7B
Q1 24
$926.1M
$3.1B
Total Assets
FWRD
FWRD
GOTU
GOTU
Q4 25
$2.7B
$6.2B
Q3 25
$2.8B
$5.1B
Q2 25
$2.8B
$5.9B
Q1 25
$2.8B
$5.2B
Q4 24
$2.8B
$798.4M
Q3 24
$3.1B
$5.2B
Q2 24
$3.1B
$5.8B
Q1 24
$4.0B
$5.3B
Debt / Equity
FWRD
FWRD
GOTU
GOTU
Q4 25
14.89×
Q3 25
12.05×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FWRD
FWRD

Omni Logistics Segment$359.8M57%
Network$183.9M29%
Intermodal Segment$50.2M8%
Truckload$41.6M7%

GOTU
GOTU

Segment breakdown not available.

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