Forward Industries (FWDI) Cash from Operations (2011 - 2025)
Forward Industries' Cash from Operations came in at -$7.93 million for fiscal Q1 2026 (quarter ended Dec 31, 2025), compared with -$434,283 a year earlier.
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Analysis
Forward Industries (FWDI) Cash from Operations (2011 - 2025) Analysis & Trends
Over the trailing twelve months to Dec 31, 2025, Forward Industries reported Cash from Operations of -$12.39 million; for FY2025 (ended Sep 30, 2025), it came in at -$4.9 million.
- Going back by fiscal year, Cash from Operations was -$1.15 million in FY2024, $1.04 million in FY2023 (-32.2%), $1.53 million in FY2022 and -$528,311 in FY2021.
- The fiscal Q1 2026 figure represents the lowest quarterly Cash from Operations in data going back to fiscal Q4 2011.
- Business Quant data shows FWDI's Cash from Operations at -$2.3 million (Q4 2025), -$1.62 million (Q3 2025) and -$537,614 (Q2 2025) in the three fiscal quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn | 1.26 Bn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn | 558.00 Mn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn | -265.61 Mn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn | -55.10 Mn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - | 437.03 Mn |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn | 318.35 Mn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn | -290.74 Mn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn | -533.22 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn | -2.42 Mn |
| 10 | Forward Industries | 576.01 Mn | 576.01 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -7.93 Mn |
| Sep 30, 2025 | -2.30 Mn |
| Jun 30, 2025 | -1.62 Mn |
| Mar 31, 2025 | -537,614.00 |
| Dec 31, 2024 | -434,283.00 |
| Sep 30, 2024 | 257,858.00 |
| Jun 30, 2024 | -40,013.00 |
| Mar 31, 2024 | -1.49 Mn |
| Dec 31, 2023 | 115,832.00 |
| Sep 30, 2023 | 478,865.00 |
| Jun 30, 2023 | 612,155.00 |
| Mar 31, 2023 | 98,613.00 |
| Dec 31, 2022 | -148,605.00 |
| Sep 30, 2022 | 377,176.00 |
| Jun 30, 2022 | 797,285.00 |
| Mar 31, 2022 | -777,557.00 |
| Dec 31, 2021 | 1.14 Mn |
| Sep 30, 2021 | -190,457.00 |
| Jun 30, 2021 | 60,064.00 |
| Mar 31, 2021 | 113,285.00 |
API Access
Forward Industries Cash from Operations 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=cash-from-operations&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();