Forward Industries (FWDI) Change in Cash (2011 - 2025)
Forward Industries (FWDI) posted Change in Cash of -$12.78 million for fiscal Q1 2026 (quarter ended Dec 31, 2025), compared with -$439,701 a year earlier.
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Analysis
Forward Industries (FWDI) Change in Cash (2011 - 2025) Analysis & Trends
For the trailing twelve months through Dec 31, 2025, Change in Cash at Forward Industries was $23.05 million; for FY2025 (ended Sep 30, 2025), it was $35.39 million.
- In prior fiscal years, Forward Industries' Change in Cash was -$45,384 in FY2024, $604,946 in FY2023 (-48.1%), $1.17 million in FY2022 and -$1.51 million in FY2021.
- The fiscal Q1 2026 figure stands as the lowest quarterly Change in Cash in data going back to fiscal Q1 2012.
- According to Business Quant data, Change in Cash for the three prior fiscal quarters was $36.9 million (Q4 2025), -$535,215 (Q3 2025) and -$539,047 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.69 Bn | 44.75 Bn | 1.60 Bn | -64.00 Mn |
| 2 | Cognizant Technology Solutions | 26.45 Bn | 19.61 Bn | 1.83 Bn | -466.00 Mn |
| 3 | Td Synnex | 22.21 Bn | 16.36 Bn | 1.43 Bn | -344.88 Mn |
| 4 | Cdw | 16.70 Bn | 14.69 Bn | 1.32 Bn | -216.80 Mn |
| 5 | Cgi | 15.63 Bn | 13.41 Bn | - | 452.29 Mn |
| 6 | Arrow Electronics | 12.33 Bn | 11.35 Bn | 1.13 Bn | -41.88 Mn |
| 7 | Avnet | 8.78 Bn | 7.96 Bn | 865.03 Mn | -47.04 Mn |
| 8 | Ingram Micro Holding | 6.70 Bn | 2.31 Bn | 958.68 Mn | -106.23 Mn |
| 9 | EPAM Systems | 5.58 Bn | 1.22 Bn | 429.57 Mn | -248.33 Mn |
| 10 | Forward Industries | 602.59 Mn | 602.59 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -12.78 Mn |
| Sep 30, 2025 | 36.90 Mn |
| Jun 30, 2025 | -535,215.00 |
| Mar 31, 2025 | -539,047.00 |
| Dec 31, 2024 | -439,701.00 |
| Sep 30, 2024 | 452,129.00 |
| Jun 30, 2024 | 276,797.00 |
| Mar 31, 2024 | -620,628.00 |
| Dec 31, 2023 | -153,682.00 |
| Sep 30, 2023 | 359,305.00 |
| Jun 30, 2023 | 465,450.00 |
| Mar 31, 2023 | 23,907.00 |
| Dec 31, 2022 | -243,716.00 |
| Sep 30, 2022 | 297,887.00 |
| Jun 30, 2022 | 736,443.00 |
| Mar 31, 2022 | -891,033.00 |
| Dec 31, 2021 | 1.02 Mn |
| Sep 30, 2021 | -194,284.00 |
| Jun 30, 2021 | 75,484.00 |
| Mar 31, 2021 | -803,159.00 |
API Access
Forward Industries Change in Cash 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=change-in-cash&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-cash", "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=change-in-cash&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();