Forward Industries (FWDI) Assets (2010 - 2026)
Forward Industries' Assets was $892.95 million in fiscal Q1 2026 (quarter ended Dec 31, 2025), compared with $13.49 million a year earlier and down 39.5% from the prior quarter.
Powered by 
Analysis
Forward Industries (FWDI) Assets (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Assets at Forward Industries came in at $1.47 billion.
- Assets shows a five-year compound annual growth rate of 137.9% (FY2020 to FY2025).
- In earlier fiscal years, Assets was $14.77 million in FY2024 (-15.1%), $17.39 million in FY2023 (-17.0%), $20.94 million in FY2022 (+5.5%) and $19.86 million in FY2021 (+2.6%).
- Quarterly Assets has moved between $8.29 million (fiscal Q3 2025) and $1.47 billion (fiscal Q4 2025) over five years.
- The best year-over-year quarter for Assets over five years was fiscal Q2 2022 (growth of 27.8%); the worst was fiscal Q3 2025 (a decline of 45.5%).
- Per Business Quant data, FWDI's Assets in the three fiscal quarters before Q1 2026 was $1.47 billion (Q4 2025), $8.29 million (Q3 2025) and $12.34 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - | 16.45 Bn |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn | 21.33 Bn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn | 19.59 Bn |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn | 41.84 Bn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn | 38.38 Bn |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn | 4.68 Bn |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn | 15.43 Bn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn | 2.07 Bn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn | 5.42 Bn |
| 10 | Forward Industries | 461.21 Mn | 461.21 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 608.51 Mn |
| Dec 31, 2025 | 892.95 Mn |
| Sep 30, 2025 | 1.47 Bn |
| Jun 30, 2025 | 8.29 Mn |
| Mar 31, 2025 | 12.34 Mn |
| Dec 31, 2024 | 13.49 Mn |
| Sep 30, 2024 | 14.77 Mn |
| Jun 30, 2024 | 15.23 Mn |
| Mar 31, 2024 | 15.19 Mn |
| Dec 31, 2023 | 16.34 Mn |
| Sep 30, 2023 | 17.39 Mn |
| Jun 30, 2023 | 19.24 Mn |
| Mar 31, 2023 | 20.29 Mn |
| Dec 31, 2022 | 21.86 Mn |
| Sep 30, 2022 | 20.94 Mn |
| Jun 30, 2022 | 23.23 Mn |
| Mar 31, 2022 | 21.97 Mn |
| Dec 31, 2021 | 21.98 Mn |
| Sep 30, 2021 | 19.86 Mn |
| Jun 30, 2021 | 18.93 Mn |
API Access
Forward Industries Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "FWDI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();