diff --git a/src/application/stats.ts b/src/application/stats.ts
index 979c93d..57ee938 100644
--- a/src/application/stats.ts
+++ b/src/application/stats.ts
@@ -11,6 +11,7 @@ const EMPTY_COUNTERS: Counters = {
   feeds_deleted: 0,
   emails_received: 0,
   emails_rejected: 0,
+  emails_forwarded: 0,
   unsubscribes_sent: 0,
 };
 
@@ -41,6 +42,7 @@ export async function bumpCounters(
     current.feeds_deleted += changes.feeds_deleted ?? 0;
     current.emails_received += changes.emails_received ?? 0;
     current.emails_rejected += changes.emails_rejected ?? 0;
+    current.emails_forwarded += changes.emails_forwarded ?? 0;
     current.unsubscribes_sent += changes.unsubscribes_sent ?? 0;
     if (changes.last_email_at) current.last_email_at = changes.last_email_at;
     if (changes.last_feed_created_at)
diff --git a/src/infrastructure/cloudflare-email.test.ts b/src/infrastructure/cloudflare-email.test.ts
index 35b7571..72ee288 100644
--- a/src/infrastructure/cloudflare-email.test.ts
+++ b/src/infrastructure/cloudflare-email.test.ts
@@ -2,6 +2,7 @@ import { describe, it, expect, beforeEach } from "vitest";
 import "../test/setup";
 import { createMockEnv } from "../test/setup";
 import { handleCloudflareEmail } from "./cloudflare-email";
+import { getCounters } from "../application/stats";
 
 const VALID_FEED_ID = "apple.mountain.42";
 const DOMAIN = "test.getmynews.app";
@@ -245,5 +246,53 @@ describe("handleCloudflareEmail", () => {
         ),
       ).resolves.toBeUndefined();
     });
+
+    it("increments the emails_forwarded counter on a successful forward", async () => {
+      const { forward } = spyForward();
+      env.FALLBACK_FORWARD_ADDRESS = FALLBACK;
+
+      await handleCloudflareEmail(
+        makeMessage({ forward }),
+        env as any,
+        { waitUntil: () => {} } as any,
+      );
+
+      const counters = await getCounters(env.EMAIL_STORAGE as any);
+      expect(counters.emails_forwarded).toBe(1);
+    });
+
+    it("does not increment emails_forwarded when the forward fails", async () => {
+      env.FALLBACK_FORWARD_ADDRESS = FALLBACK;
+      const forward = async () => {
+        throw new Error("destination address not verified");
+      };
+
+      await handleCloudflareEmail(
+        makeMessage({ forward }),
+        env as any,
+        { waitUntil: () => {} } as any,
+      );
+
+      const counters = await getCounters(env.EMAIL_STORAGE as any);
+      expect(counters.emails_forwarded).toBe(0);
+    });
+
+    it("does not increment emails_forwarded for dropped reasons", async () => {
+      const { forward } = spyForward();
+      env.FALLBACK_FORWARD_ADDRESS = FALLBACK;
+      await env.EMAIL_STORAGE.put(
+        `feed:${VALID_FEED_ID}:config`,
+        JSON.stringify({ expires_at: Date.now() - 1000 }),
+      );
+
+      await handleCloudflareEmail(
+        makeMessage({ forward }),
+        env as any,
+        { waitUntil: () => {} } as any,
+      );
+
+      const counters = await getCounters(env.EMAIL_STORAGE as any);
+      expect(counters.emails_forwarded).toBe(0);
+    });
   });
 });
diff --git a/src/infrastructure/cloudflare-email.ts b/src/infrastructure/cloudflare-email.ts
index 57528c0..ce7680d 100644
--- a/src/infrastructure/cloudflare-email.ts
+++ b/src/infrastructure/cloudflare-email.ts
@@ -5,6 +5,7 @@ import {
   RawAttachment,
   IngestRejectionReason,
 } from "../application/email-processor";
+import { bumpCounters } from "../application/stats";
 import { normalizeCid } from "../infrastructure/html-processor";
 import { logger } from "./logger";
 
@@ -80,6 +81,9 @@ async function maybeForwardFallback(
 
   try {
     await message.forward(fallback);
+    // Counted as a subset of emails_rejected (already bumped in processEmail);
+    // the dropped count is derived as emails_rejected − emails_forwarded.
+    await bumpCounters(env.EMAIL_STORAGE, { emails_forwarded: 1 });
   } catch (error) {
     logger.warn("Fallback forward failed", {
       to: message.to,
diff --git a/src/infrastructure/counters-repository.test.ts b/src/infrastructure/counters-repository.test.ts
index b06ba34..c00c77d 100644
--- a/src/infrastructure/counters-repository.test.ts
+++ b/src/infrastructure/counters-repository.test.ts
@@ -14,6 +14,7 @@ describe("CountersRepository", () => {
       feeds_deleted: 0,
       emails_received: 2,
       emails_rejected: 0,
+      emails_forwarded: 0,
       unsubscribes_sent: 0,
     });
     expect(await repo.getRaw()).toMatchObject({ emails_received: 2 });
diff --git a/src/routes/api/schemas.ts b/src/routes/api/schemas.ts
index 0e40876..e2f8210 100644
--- a/src/routes/api/schemas.ts
+++ b/src/routes/api/schemas.ts
@@ -138,6 +138,7 @@ export const StatsSchema = z
     feeds_deleted: z.number(),
     emails_received: z.number(),
     emails_rejected: z.number(),
+    emails_forwarded: z.number(),
     unsubscribes_sent: z.number(),
     active_feeds: z.number(),
     websub_subscriptions_active: z.number(),
diff --git a/src/routes/home.tsx b/src/routes/home.tsx
index c65702d..564149c 100644
--- a/src/routes/home.tsx
+++ b/src/routes/home.tsx
@@ -162,6 +162,10 @@ export async function handle(c: Context<{ Bindings: Env }>): Promise<Response> {
               value={stats.emails_rejected}
               tone="danger"
             />
+            <Stat
+              label="Forwarded (catch-all)"
+              value={stats.emails_forwarded}
+            />
             <Stat
               label="Acceptance rate"
               value={acceptanceRate}
diff --git a/src/types/index.ts b/src/types/index.ts
index 09ae381..b9986ca 100644
--- a/src/types/index.ts
+++ b/src/types/index.ts
@@ -89,6 +89,9 @@ export interface Counters {
   feeds_deleted: number;
   emails_received: number;
   emails_rejected: number;
+  // Subset of emails_rejected: non-feed mail forwarded to FALLBACK_FORWARD_ADDRESS
+  // instead of dropped. Dropped count = emails_rejected − emails_forwarded.
+  emails_forwarded: number;
   unsubscribes_sent: number;
   last_email_at?: string; // ISO 8601
   last_feed_created_at?: string; // ISO 8601