Forward Industries (FWDI) EBIAT (2010 - 2025)
Forward Industries' (FWDI) quarterly EBIAT came in at -$585.7 million in Q4 2025, down 82611.49% year-on-year from N/an in Q4 2024, and down 252.63% quarter-over-quarter from -$166.1 million in Q3 2025.
Forward Industries (FWDI) EBIAT (2010 - 2025) Analysis & Trends
Forward Industries has disclosed EBIAT across 14 years of filings, most recently posting -$585.7 million for Q4 2025.
- EBIAT for Q4 2025 came in at -$585.7 million, down 82611.49% year-over-year; the trailing twelve-month figure through Dec 2025 was -$755.6 million (down 29241.59% YoY), and the FY2025 annual result was -$169.1 million, down 7705.86% from the prior year.
- EBIAT came in at -$585.7 million for Q4 2025 at Forward Industries, down from -$166.1 million in the prior quarter.
- In the past five years, EBIAT ranged from a high of $1.0 million in Q3 2022 to a low of -$585.7 million in Q4 2025.
- The 5-year median for EBIAT is -$503956.5 (2024), against an average of -$38.2 million.
- Across the five-year window, EBIAT soared 1342.86% in 2022 and sank 82611.49% in 2025, its largest moves.
- Forward Industries' EBIAT stood at $180024.0 in 2021, then slumped by 339.01% to -$430275.0 in 2022, then advanced by 17.68% to -$354220.0 in 2023, then slumped by 99.89% to -$708065.0 in 2024, then tumbled by 82611.49% to -$585.7 million in 2025.
- The last three EBIAT figures came in at -$585.7 million (Q4 2025), -$166.1 million (Q3 2025), and -$2.4 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 105.38 Bn | 105.15 Bn | 390.51 Mn | 95.86 Mn |
| 2 | Nike | 65.97 Bn | 57.92 Bn | 4.53 Bn | 520.00 Mn |
| 3 | Deckers Outdoor | 16.23 Bn | 14.14 Bn | 1.17 Bn | 481.15 Mn |
| 4 | Crocs | 6.43 Bn | 6.30 Bn | 522.95 Mn | 137.56 Mn |
| 5 | Steven Madden | 3.20 Bn | 3.16 Bn | 357.42 Mn | 71.82 Mn |
| 6 | Wolverine World Wide | 1.96 Bn | 1.77 Bn | 243.40 Mn | 27.30 Mn |
| 7 | On Holding AG | 1.67 Bn | 273.66 Mn | 682.30 Mn | 164.61 Mn |
| 8 | Forward Industries | 403.33 Mn | 377.95 Mn | 16.85 Mn | -585.65 Mn |
| 9 | Designer Brands | 345.18 Mn | 294.31 Mn | 315.32 Mn | 3.45 Mn |
| 10 | Weyco | 339.86 Mn | 242.42 Mn | 33.84 Mn | 8.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -585.65 Mn |
| Sep 30, 2025 | -166.08 Mn |
| Jun 30, 2025 | -2.40 Mn |
| Mar 31, 2025 | -1.45 Mn |
| Dec 31, 2024 | -708,065.00 |
| Sep 30, 2024 | -859,160.00 |
| Jun 30, 2024 | -454,699.00 |
| Mar 31, 2024 | -553,214.00 |
| Dec 31, 2023 | -354,220.00 |
| Sep 30, 2023 | -3.66 Mn |
| Jun 30, 2023 | 133,677.00 |
| Mar 31, 2023 | -870,948.00 |
| Dec 31, 2022 | -430,275.00 |
| Sep 30, 2022 | 1.05 Mn |
| Jun 30, 2022 | -418,913.00 |
| Mar 31, 2022 | -356,335.00 |
| Dec 31, 2021 | 180,024.00 |
| Sep 30, 2021 | -84,090.00 |
| Jun 30, 2021 | 243,587.00 |
| Mar 31, 2021 | -834,728.00 |