Forward Industries (FWDI) Depreciation & Amortization (CF) (2011 - 2025)
Forward Industries (FWDI) posted Depreciation & Amortization (CF) of $25,638 for fiscal Q1 2026 (quarter ended Dec 31, 2025), down 69.4% from $83,748 a year earlier and down 69.0% from the prior quarter.
Forward Industries (FWDI) Depreciation & Amortization (CF) (2011 - 2025) Analysis & Trends
For the trailing twelve months through Dec 31, 2025, Depreciation & Amortization (CF) at Forward Industries was $274,115, down 18.0% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $332,225, up 0.1% from FY2024.
- Annual Depreciation & Amortization (CF) has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- In prior fiscal years, Forward Industries' Depreciation & Amortization (CF) was $331,927 in FY2024 (+5.1%), $315,940 in FY2023 (+2.2%), $309,239 in FY2022 (-5.5%) and $327,290 in FY2021 (+20.3%).
- The fiscal Q1 2026 figure stands as the lowest quarterly Depreciation & Amortization (CF) since fiscal Q1 2016.
- On a year-over-year basis, Depreciation & Amortization (CF) increased in five of the last eight quarters, with an average decline of 6.7%.
- The strongest year-over-year quarter for Depreciation & Amortization (CF) in the past five years was fiscal Q3 2021, with growth of 27.6%; the weakest was fiscal Q1 2026, with a decline of 69.4%.
- According to Business Quant data, Depreciation & Amortization (CF) for the three prior fiscal quarters was $82,710 (Q4 2025), $83,020 (Q3 2025) and $82,747 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.69 Bn | 44.75 Bn | 1.60 Bn | 131.00 Mn |
| 2 | Cognizant Technology Solutions | 26.45 Bn | 19.61 Bn | 1.83 Bn | 143.00 Mn |
| 3 | Td Synnex | 22.21 Bn | 16.36 Bn | 1.43 Bn | 106.24 Mn |
| 4 | Cdw | 16.70 Bn | 14.69 Bn | 1.32 Bn | 75.10 Mn |
| 5 | Cgi | 15.63 Bn | 13.41 Bn | - | 110.88 Mn |
| 6 | Arrow Electronics | 12.33 Bn | 11.35 Bn | 1.13 Bn | 35.60 Mn |
| 7 | Avnet | 8.78 Bn | 7.96 Bn | 865.03 Mn | 22.57 Mn |
| 8 | Ingram Micro Holding | 6.70 Bn | 2.31 Bn | 958.68 Mn | 49.28 Mn |
| 9 | EPAM Systems | 5.58 Bn | 1.22 Bn | 429.57 Mn | 32.10 Mn |
| 10 | Forward Industries | 602.59 Mn | 602.59 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 25,638.00 |
| Sep 30, 2025 | 82,710.00 |
| Jun 30, 2025 | 83,020.00 |
| Mar 31, 2025 | 82,747.00 |
| Dec 31, 2024 | 83,748.00 |
| Sep 30, 2024 | 83,527.00 |
| Jun 30, 2024 | 82,512.00 |
| Mar 31, 2024 | 84,485.00 |
| Dec 31, 2023 | 81,403.00 |
| Sep 30, 2023 | 81,012.00 |
| Jun 30, 2023 | 78,797.00 |
| Mar 31, 2023 | 78,601.00 |
| Dec 31, 2022 | 77,530.00 |
| Sep 30, 2022 | 75,733.00 |
| Jun 30, 2022 | 76,975.00 |
| Mar 31, 2022 | 83,147.00 |
| Dec 31, 2021 | 73,384.00 |
| Sep 30, 2021 | 74,973.00 |
| Jun 30, 2021 | 80,481.00 |
| Mar 31, 2021 | 77,899.00 |
Forward Industries Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();