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FORWARD AIR CORP（FWRD）与Stitch Fix, Inc.（SFIX）财务数据对比。点击上方公司名可切换其他公司
FORWARD AIR CORP的季度营收约是Stitch Fix, Inc.的1.8倍（$631.2M vs $342.1M），Stitch Fix, Inc.净利率更高（-1.9% vs -4.5%，领先2.6%），Stitch Fix, Inc.同比增速更快（7.3% vs -0.3%），过去两年FORWARD AIR CORP的营收复合增速更高（7.9% vs 1.8%）
Forward Air Corp是北美领先的轻资产物流运输服务商，核心业务包括加急零担货运、最后一公里配送、多式联运、仓储及供应链解决方案，服务覆盖美加墨地区，主要服务电商、零售、制造、汽车等行业。
Stitch Fix是美国的在线个人造型服务平台，依托推荐算法与数据科学技术，根据顾客的身形尺寸、预算和风格偏好推送个性化服饰单品。该公司创立于2011年，2017年完成首次公开募股，目前总部位于旧金山。
FWRD vs SFIX — 直观对比
营收规模更大
FWRD
是对方的1.8倍
$342.1M
营收增速更快
SFIX
高出7.6%
-0.3%
净利率更高
SFIX
高出2.6%
-4.5%
两年增速更快
FWRD
近两年复合增速
1.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $631.2M | $342.1M |
| 净利润 | $-28.3M | $-6.4M |
| 毛利率 | — | 43.6% |
| 营业利润率 | -0.5% | -2.5% |
| 净利率 | -4.5% | -1.9% |
| 营收同比 | -0.3% | 7.3% |
| 净利润同比 | 22.2% | -1.7% |
| 每股收益（稀释后） | $-0.90 | $-0.05 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FWRDSFIX
| Q4 25 | $631.2M | $342.1M | ||
| Q3 25 | $631.8M | $311.2M | ||
| Q2 25 | $618.8M | $325.0M | ||
| Q1 25 | $613.3M | $312.1M | ||
| Q4 24 | $632.8M | $318.8M | ||
| Q3 24 | $655.9M | $319.6M | ||
| Q2 24 | $643.7M | $322.7M | ||
| Q1 24 | $541.8M | $330.4M |
净利润FWRDSFIX
| Q4 25 | $-28.3M | $-6.4M | ||
| Q3 25 | $-16.3M | $-8.6M | ||
| Q2 25 | $-12.6M | $-7.4M | ||
| Q1 25 | $-50.6M | $-6.5M | ||
| Q4 24 | $-36.4M | $-6.3M | ||
| Q3 24 | $-73.4M | $-36.5M | ||
| Q2 24 | $-645.4M | $-21.3M | ||
| Q1 24 | $-61.7M | $-35.5M |
毛利率FWRDSFIX
| Q4 25 | — | 43.6% | ||
| Q3 25 | — | 43.6% | ||
| Q2 25 | — | 44.2% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | — | 44.6% | ||
| Q2 24 | — | 45.5% | ||
| Q1 24 | — | 43.4% |
营业利润率FWRDSFIX
| Q4 25 | -0.5% | -2.5% | ||
| Q3 25 | 2.4% | -3.6% | ||
| Q2 25 | 3.2% | -3.0% | ||
| Q1 25 | 0.8% | -2.9% | ||
| Q4 24 | 12.0% | -2.8% | ||
| Q3 24 | 3.5% | -13.1% | ||
| Q2 24 | -170.2% | -7.7% | ||
| Q1 24 | -12.1% | -11.5% |
净利率FWRDSFIX
| Q4 25 | -4.5% | -1.9% | ||
| Q3 25 | -2.6% | -2.8% | ||
| Q2 25 | -2.0% | -2.3% | ||
| Q1 25 | -8.3% | -2.1% | ||
| Q4 24 | -5.8% | -2.0% | ||
| Q3 24 | -11.2% | -11.4% | ||
| Q2 24 | -100.3% | -6.6% | ||
| Q1 24 | -11.4% | -10.8% |
每股收益（稀释后）FWRDSFIX
| Q4 25 | $-0.90 | $-0.05 | ||
| Q3 25 | $-0.52 | $-0.06 | ||
| Q2 25 | $-0.41 | $-0.06 | ||
| Q1 25 | $-1.68 | $-0.05 | ||
| Q4 24 | $-1.69 | $-0.05 | ||
| Q3 24 | $-2.66 | $-0.29 | ||
| Q2 24 | $-23.47 | $-0.18 | ||
| Q1 24 | $-2.81 | $-0.30 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $106.0M | $244.2M |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $113.3M | $204.1M |
| 总资产 | $2.7B | $530.7M |
| 负债/权益比越低杠杆越低 | 14.89× | — |
8季度趋势，按日历期对齐
现金及短期投资FWRDSFIX
| Q4 25 | $106.0M | $244.2M | ||
| Q3 25 | $140.4M | $234.9M | ||
| Q2 25 | $95.1M | $234.2M | ||
| Q1 25 | $116.3M | $219.1M | ||
| Q4 24 | $104.9M | $253.3M | ||
| Q3 24 | $136.6M | $247.0M | ||
| Q2 24 | $84.9M | $244.5M | ||
| Q1 24 | $152.0M | $229.8M |
总债务FWRDSFIX
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $1.7B | — |
股东权益FWRDSFIX
| Q4 25 | $113.3M | $204.1M | ||
| Q3 25 | $139.8M | $203.0M | ||
| Q2 25 | $151.8M | $200.4M | ||
| Q1 25 | $154.6M | $197.8M | ||
| Q4 24 | $201.7M | $190.5M | ||
| Q3 24 | $226.1M | $187.0M | ||
| Q2 24 | $283.8M | $208.9M | ||
| Q1 24 | $926.1M | $213.3M |
总资产FWRDSFIX
| Q4 25 | $2.7B | $530.7M | ||
| Q3 25 | $2.8B | $480.6M | ||
| Q2 25 | $2.8B | $484.7M | ||
| Q1 25 | $2.8B | $472.6M | ||
| Q4 24 | $2.8B | $507.1M | ||
| Q3 24 | $3.1B | $486.9M | ||
| Q2 24 | $3.1B | $537.0M | ||
| Q1 24 | $4.0B | $538.3M |
负债/权益比FWRDSFIX
| Q4 25 | 14.89× | — | ||
| Q3 25 | 12.05× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.81× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $10.9M |
| 自由现金流经营现金流 - 资本支出 | — | $5.6M |
| 自由现金流率自由现金流/营收 | — | 1.6% |
| 资本支出强度资本支出/营收 | 1.3% | 1.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $4.9M |
8季度趋势，按日历期对齐
经营现金流FWRDSFIX
| Q4 25 | — | $10.9M | ||
| Q3 25 | $52.7M | $7.0M | ||
| Q2 25 | — | $20.5M | ||
| Q1 25 | $27.6M | $-16.2M | ||
| Q4 24 | $-23.2M | $14.3M | ||
| Q3 24 | $51.2M | $8.2M | ||
| Q2 24 | $-45.2M | $21.7M | ||
| Q1 24 | $-51.7M | $-22.3M |
自由现金流FWRDSFIX
| Q4 25 | — | $5.6M | ||
| Q3 25 | $48.6M | $2.8M | ||
| Q2 25 | — | $16.0M | ||
| Q1 25 | $15.7M | $-19.4M | ||
| Q4 24 | $-30.5M | $9.9M | ||
| Q3 24 | $40.7M | $4.5M | ||
| Q2 24 | $-59.6M | $18.9M | ||
| Q1 24 | $-56.7M | $-26.1M |
自由现金流率FWRDSFIX
| Q4 25 | — | 1.6% | ||
| Q3 25 | 7.7% | 0.9% | ||
| Q2 25 | — | 4.9% | ||
| Q1 25 | 2.6% | -6.2% | ||
| Q4 24 | -4.8% | 3.1% | ||
| Q3 24 | 6.2% | 1.4% | ||
| Q2 24 | -9.3% | 5.9% | ||
| Q1 24 | -10.5% | -7.9% |
资本支出强度FWRDSFIX
| Q4 25 | 1.3% | 1.6% | ||
| Q3 25 | 0.7% | 1.4% | ||
| Q2 25 | 0.8% | 1.4% | ||
| Q1 25 | 1.9% | 1.0% | ||
| Q4 24 | 1.1% | 1.4% | ||
| Q3 24 | 1.6% | 1.2% | ||
| Q2 24 | 2.2% | 0.9% | ||
| Q1 24 | 0.9% | 1.1% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FWRD
| Omni Logistics Segment | $359.8M | 57% |
| Network | $183.9M | 29% |
| Intermodal Segment | $50.2M | 8% |
| Truckload | $41.6M | 7% |
SFIX
暂无分部数据
