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Side-by-side financial comparison of FORWARD AIR CORP (FWRD) and VALLEY NATIONAL BANCORP (VLY). Click either name above to swap in a different company.
FORWARD AIR CORP is the larger business by last-quarter revenue ($631.2M vs $540.4M, roughly 1.2× VALLEY NATIONAL BANCORP). VALLEY NATIONAL BANCORP runs the higher net margin — 30.3% vs -4.5%, a 34.8% gap on every dollar of revenue. On growth, VALLEY NATIONAL BANCORP posted the faster year-over-year revenue change (13.0% vs -0.3%). Over the past eight quarters, VALLEY NATIONAL BANCORP's revenue compounded faster (16.0% 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.
VALLEY NATIONAL BANCORPVLYEarnings & Financial Report
North Valley Bancorp was a bank holding company headquartered in Redding, California. The company operated 22 branches. The company was acquired by TriCo Bancshares in October 2014, in a merger valued at more than $178 million.
FWRD vs VLY — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $631.2M | $540.4M |
| Net Profit | $-28.3M | $163.9M |
| Gross Margin | — | — |
| Operating Margin | -0.5% | — |
| Net Margin | -4.5% | 30.3% |
| Revenue YoY | -0.3% | 13.0% |
| Net Profit YoY | 22.2% | 54.6% |
| EPS (diluted) | $-0.90 | $0.29 |
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 | — | $540.4M | ||
| Q4 25 | $631.2M | $464.9M | ||
| Q3 25 | $631.8M | $446.2M | ||
| Q2 25 | $618.8M | $432.4M | ||
| Q1 25 | $613.3M | $420.1M | ||
| Q4 24 | $632.8M | $423.0M | ||
| Q3 24 | $655.9M | $410.5M | ||
| Q2 24 | $643.7M | $401.7M |
| Q1 26 | — | $163.9M | ||
| Q4 25 | $-28.3M | $195.4M | ||
| Q3 25 | $-16.3M | $163.4M | ||
| Q2 25 | $-12.6M | $133.2M | ||
| Q1 25 | $-50.6M | $106.1M | ||
| Q4 24 | $-36.4M | $115.7M | ||
| Q3 24 | $-73.4M | $97.9M | ||
| Q2 24 | $-645.4M | $70.4M |
| Q1 26 | — | — | ||
| Q4 25 | -0.5% | 47.7% | ||
| Q3 25 | 2.4% | 47.1% | ||
| Q2 25 | 3.2% | 40.0% | ||
| Q1 25 | 0.8% | 33.1% | ||
| Q4 24 | 12.0% | 21.1% | ||
| Q3 24 | 3.5% | 30.9% | ||
| Q2 24 | -170.2% | 23.2% |
| Q1 26 | — | 30.3% | ||
| Q4 25 | -4.5% | 42.0% | ||
| Q3 25 | -2.6% | 36.6% | ||
| Q2 25 | -2.0% | 30.8% | ||
| Q1 25 | -8.3% | 25.2% | ||
| Q4 24 | -5.8% | 27.4% | ||
| Q3 24 | -11.2% | 23.8% | ||
| Q2 24 | -100.3% | 17.5% |
| Q1 26 | — | $0.29 | ||
| Q4 25 | $-0.90 | $0.33 | ||
| Q3 25 | $-0.52 | $0.28 | ||
| Q2 25 | $-0.41 | $0.22 | ||
| Q1 25 | $-1.68 | $0.18 | ||
| Q4 24 | $-1.69 | $0.20 | ||
| Q3 24 | $-2.66 | $0.18 | ||
| Q2 24 | $-23.47 | $0.13 |
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 | $2.6B |
| Stockholders' EquityBook value | $113.3M | $7.9B |
| Total Assets | $2.7B | $64.5B |
| Debt / EquityLower = less leverage | 14.89× | 0.33× |
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 | — | ||
| Q4 24 | $104.9M | — | ||
| Q3 24 | $136.6M | — | ||
| Q2 24 | $84.9M | — |
| Q1 26 | — | $2.6B | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $7.9B | ||
| Q4 25 | $113.3M | $7.8B | ||
| Q3 25 | $139.8M | $7.7B | ||
| Q2 25 | $151.8M | $7.6B | ||
| Q1 25 | $154.6M | $7.5B | ||
| Q4 24 | $201.7M | $7.4B | ||
| Q3 24 | $226.1M | $7.0B | ||
| Q2 24 | $283.8M | $6.7B |
| Q1 26 | — | $64.5B | ||
| Q4 25 | $2.7B | $64.1B | ||
| Q3 25 | $2.8B | $63.0B | ||
| Q2 25 | $2.8B | $62.7B | ||
| Q1 25 | $2.8B | $61.9B | ||
| Q4 24 | $2.8B | $62.5B | ||
| Q3 24 | $3.1B | $62.1B | ||
| Q2 24 | $3.1B | $62.1B |
| Q1 26 | — | 0.33× | ||
| Q4 25 | 14.89× | — | ||
| Q3 25 | 12.05× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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% |
VLY
Segment breakdown not available.
