Forward Industries (FWDI) EBIT (2009 - 2026)
Forward Industries (FWDI) reported EBIT of -$583.64 million for fiscal Q1 2026 (quarter ended Dec 31, 2025), compared with -$898,030 a year earlier.
Forward Industries (FWDI) EBIT (2009 - 2026) Analysis & Trends
Over the twelve months ended Dec 31, 2025, Forward Industries' EBIT came in at -$591.13 million; for FY2025 (ended Sep 30, 2025), it was -$8.39 million.
- By fiscal year, EBIT came in at -$2.15 million in FY2024, $159,658 in FY2023 (-72.9%), $588,470 in FY2022 and -$764,999 in FY2021.
- The fiscal Q1 2026 figure ranks as the lowest quarterly EBIT in data going back to fiscal Q3 2010.
- Per Business Quant data, the three fiscal quarters before Q1 2026 came in at -$3.11 million (Q4 2025), -$2.56 million (Q3 2025) and -$1.82 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn | 1.08 Bn |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 872.00 Mn |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 489.50 Mn |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 642.88 Mn |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | 480.36 Mn |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 430.26 Mn |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 175.93 Mn |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 474.74 Mn |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 88.86 Mn |
| 10 | Forward Industries | 386.96 Mn | 293.49 Mn | 6.70 Mn | -70.26 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -70.26 Mn |
| Mar 31, 2026 | -284.09 Mn |
| Dec 31, 2025 | -583.64 Mn |
| Sep 30, 2025 | -3.11 Mn |
| Jun 30, 2025 | -2.56 Mn |
| Mar 31, 2025 | -1.82 Mn |
| Dec 31, 2024 | -898,030.00 |
| Sep 30, 2024 | -706,479.00 |
| Jun 30, 2024 | -459,211.00 |
| Mar 31, 2024 | -620,925.00 |
| Dec 31, 2023 | -380,321.00 |
| Sep 30, 2023 | 231,023.00 |
| Jun 30, 2023 | 148,371.00 |
| Mar 31, 2023 | -91,821.00 |
| Dec 31, 2022 | -127,916.00 |
| Sep 30, 2022 | 1.08 Mn |
| Jun 30, 2022 | -385,805.00 |
| Mar 31, 2022 | -322,739.00 |
| Dec 31, 2021 | 214,214.00 |
| Sep 30, 2021 | -49,681.00 |
Forward Industries EBIT 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=ebit&ticker=FWDI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();