Forward Industries (FWDI) Cash & Equivalents (2010 - 2025)
Forward Industries (FWDI) posted Cash & Equivalents of $25.4 million for Q4 2025, down 33.48% sequentially from $38.2 million in Q3 2025, and up 986.16% YoY from $2.3 million in Q4 2024.
Forward Industries (FWDI) Cash & Equivalents (2010 - 2025) Analysis & Trends
Forward Industries has reported Cash & Equivalents for 14 years, with the latest figure at $25.4 million in Q4 2025.
- Quarterly Cash & Equivalents rose 986.16% year-over-year to $25.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $25.4 million (up 986.16% YoY) and the FY2025 annual result came in at $38.2 million, up 1274.33% from the prior year.
- Cash & Equivalents eased to $25.4 million in Q4 2025 per FWDI's latest filing, from $38.2 million in the prior quarter.
- Over five years, Cash & Equivalents peaked at $38.2 million in Q3 2025 and troughed at $1.3 million in Q2 2025.
- A 5-year average of $5.1 million and a median of $2.3 million in 2022 frame the typical range for Cash & Equivalents.
- The sharpest annual moves came in 2021 and 2025: Cash & Equivalents plunged 51.78% in 2021, then surged 1274.33% in 2025.
- Over 5 years, Cash & Equivalents stood at $2.4 million in 2021, then slipped by 4.13% to $2.3 million in 2022, then advanced by 29.8% to $3.0 million in 2023, then retreated by 22.78% to $2.3 million in 2024, then soared by 986.16% to $25.4 million in 2025.
- According to Business Quant data, Cash & Equivalents over the past three periods registered $25.4 million, $38.2 million, and $1.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 7.56 Bn |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | 1.91 Bn |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 806.25 Mn |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | 170.28 Mn |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 94.74 Mn |
| 6 | Wolverine World Wide | 1.62 Bn | 1.46 Bn | 235.30 Mn | 158.50 Mn |
| 7 | Weyco | 425.23 Mn | 329.76 Mn | 43.78 Mn | 93.69 Mn |
| 8 | Forward Industries | 355.01 Mn | 355.01 Mn | - | - |
| 9 | Rocky Brands | 354.31 Mn | 351.69 Mn | 60.80 Mn | 2.63 Mn |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | 50.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 25.39 Mn |
| Sep 30, 2025 | 38.17 Mn |
| Jun 30, 2025 | 1.26 Mn |
| Mar 31, 2025 | 1.80 Mn |
| Dec 31, 2024 | 2.34 Mn |
| Sep 30, 2024 | 2.78 Mn |
| Jun 30, 2024 | 2.32 Mn |
| Mar 31, 2024 | 2.05 Mn |
| Dec 31, 2023 | 3.03 Mn |
| Sep 30, 2023 | 2.82 Mn |
| Jun 30, 2023 | 2.82 Mn |
| Mar 31, 2023 | 2.36 Mn |
| Dec 31, 2022 | 2.33 Mn |
| Sep 30, 2022 | 2.58 Mn |
| Jun 30, 2022 | 2.28 Mn |
| Mar 31, 2022 | 1.54 Mn |
| Dec 31, 2021 | 2.43 Mn |
| Sep 30, 2021 | 1.41 Mn |
| Jun 30, 2021 | 1.60 Mn |
| Mar 31, 2021 | 1.53 Mn |