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Side-by-side financial comparison of FORWARD AIR CORP (FWRD) and Kontoor Brands, Inc. (KTB). Click either name above to swap in a different company.
FORWARD AIR CORP is the larger business by last-quarter revenue ($631.2M vs $613.3M, roughly 1.0× Kontoor Brands, Inc.). Kontoor Brands, Inc. runs the higher net margin — 15.1% vs -4.5%, a 19.6% gap on every dollar of revenue. On growth, Kontoor Brands, Inc. posted the faster year-over-year revenue change (45.0% vs -0.3%). Over the past eight quarters, FORWARD AIR CORP's revenue compounded faster (7.9% CAGR vs -1.4%).
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.
Kontoor Brands is an American clothing company. It was a spin off from the VF Corporation in May 2019, and markets clothing under the Lee, Wrangler and Helly Hansen brand names.
FWRD vs KTB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $631.2M | $613.3M |
| Net Profit | $-28.3M | $92.4M |
| Gross Margin | — | 53.7% |
| Operating Margin | -0.5% | 14.7% |
| Net Margin | -4.5% | 15.1% |
| Revenue YoY | -0.3% | 45.0% |
| Net Profit YoY | 22.2% | 116.0% |
| EPS (diluted) | $-0.90 | $1.65 |
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 | — | $613.3M | ||
| Q4 25 | $631.2M | — | ||
| Q3 25 | $631.8M | $853.2M | ||
| Q2 25 | $618.8M | $658.3M | ||
| Q1 25 | $613.3M | $622.9M | ||
| Q4 24 | $632.8M | $699.3M | ||
| Q3 24 | $655.9M | $670.2M | ||
| Q2 24 | $643.7M | $606.9M |
| Q1 26 | — | $92.4M | ||
| Q4 25 | $-28.3M | — | ||
| Q3 25 | $-16.3M | $36.9M | ||
| Q2 25 | $-12.6M | $73.9M | ||
| Q1 25 | $-50.6M | $42.9M | ||
| Q4 24 | $-36.4M | $64.0M | ||
| Q3 24 | $-73.4M | $70.5M | ||
| Q2 24 | $-645.4M | $51.8M |
| Q1 26 | — | 53.7% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | — | 46.3% | ||
| Q1 25 | — | 47.5% | ||
| Q4 24 | — | 43.7% | ||
| Q3 24 | — | 44.7% | ||
| Q2 24 | — | 44.7% |
| Q1 26 | — | 14.7% | ||
| Q4 25 | -0.5% | — | ||
| Q3 25 | 2.4% | 7.5% | ||
| Q2 25 | 3.2% | 11.9% | ||
| Q1 25 | 0.8% | 11.8% | ||
| Q4 24 | 12.0% | 12.1% | ||
| Q3 24 | 3.5% | 14.7% | ||
| Q2 24 | -170.2% | 12.4% |
| Q1 26 | — | 15.1% | ||
| Q4 25 | -4.5% | — | ||
| Q3 25 | -2.6% | 4.3% | ||
| Q2 25 | -2.0% | 11.2% | ||
| Q1 25 | -8.3% | 6.9% | ||
| Q4 24 | -5.8% | 9.1% | ||
| Q3 24 | -11.2% | 10.5% | ||
| Q2 24 | -100.3% | 8.5% |
| Q1 26 | — | $1.65 | ||
| Q4 25 | $-0.90 | — | ||
| Q3 25 | $-0.52 | $0.66 | ||
| Q2 25 | $-0.41 | $1.32 | ||
| Q1 25 | $-1.68 | $0.76 | ||
| Q4 24 | $-1.69 | $1.13 | ||
| Q3 24 | $-2.66 | $1.26 | ||
| Q2 24 | $-23.47 | $0.92 |
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 | $56.4M |
| Total DebtLower is stronger | $1.7B | $1.1B |
| Stockholders' EquityBook value | $113.3M | $618.9M |
| Total Assets | $2.7B | $2.7B |
| Debt / EquityLower = less leverage | 14.89× | 1.85× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $56.4M | ||
| Q4 25 | $106.0M | — | ||
| Q3 25 | $140.4M | $82.4M | ||
| Q2 25 | $95.1M | $107.5M | ||
| Q1 25 | $116.3M | $356.7M | ||
| Q4 24 | $104.9M | $334.1M | ||
| Q3 24 | $136.6M | $269.4M | ||
| Q2 24 | $84.9M | $224.3M |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $735.6M | ||
| Q4 24 | — | $740.3M | ||
| Q3 24 | — | $745.0M | ||
| Q2 24 | — | $749.7M |
| Q1 26 | — | $618.9M | ||
| Q4 25 | $113.3M | — | ||
| Q3 25 | $139.8M | $529.6M | ||
| Q2 25 | $151.8M | $498.3M | ||
| Q1 25 | $154.6M | $426.7M | ||
| Q4 24 | $201.7M | $400.1M | ||
| Q3 24 | $226.1M | $356.9M | ||
| Q2 24 | $283.8M | $367.2M |
| Q1 26 | — | $2.7B | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.8B | $2.9B | ||
| Q2 25 | $2.8B | $2.7B | ||
| Q1 25 | $2.8B | $1.7B | ||
| Q4 24 | $2.8B | $1.7B | ||
| Q3 24 | $3.1B | $1.7B | ||
| Q2 24 | $3.1B | $1.6B |
| Q1 26 | — | 1.85× | ||
| Q4 25 | 14.89× | — | ||
| Q3 25 | 12.05× | 2.53× | ||
| Q2 25 | — | 2.74× | ||
| Q1 25 | — | 1.72× | ||
| Q4 24 | — | 1.85× | ||
| Q3 24 | — | 2.09× | ||
| Q2 24 | — | 2.04× |
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% |
KTB
| Wrangler U.S | $373.7M | 61% |
| Helly Hansen International | $129.3M | 21% |
| Wrangler International | $62.1M | 10% |
| Helly Hansen U.S | $36.2M | 6% |
| Global Other | $12.0M | 2% |
