Forward Industries (FWDI) Cost of Revenue (2010 - 2025)

Forward Industries has disclosed Cost of Revenue across 13 years of filings, most recently posting $535363.0 for Q4 2025.

• Cost of Revenue for Q4 2025 came in at $535363.0, up 234.46% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.4 million (up 122.26% YoY), and the FY2025 annual result was $1.0 million, up 33.79% from the prior year.
• Cost of Revenue came in at $535363.0 for Q4 2025 at Forward Industries, down from $581742.0 in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $7.8 million in Q1 2023 to a low of -$20.5 million in Q3 2023.
• The 5-year median for Cost of Revenue is $473268.5 (2022), against an average of -$686126.9.
• Across the five-year window, Cost of Revenue surged 1576.15% in 2021 and plunged 3155.3% in 2023, its largest moves.
• Forward Industries' Cost of Revenue stood at $737677.0 in 2021, then plunged by 44.26% to $411174.0 in 2022, then fell by 10.32% to $368736.0 in 2023, then tumbled by 56.59% to $160069.0 in 2024, then jumped by 234.46% to $535363.0 in 2025.
• The last three Cost of Revenue figures came in at $535363.0 (Q4 2025), $581742.0 (Q3 2025), and $139683.0 (Q2 2025), per Business Quant data.