Forward Industries (FWDI) EBITDA (2010 - 2025)

Forward Industries has disclosed EBITDA across 13 years of filings, most recently posting -$583.6 million for Q4 2025.

• EBITDA for Q4 2025 came in at -$583.6 million, down 64891.1% year-over-year; the trailing twelve-month figure through Dec 2025 was -$591.1 million (down 21919.07% YoY), and the FY2025 annual result was -$8.4 million, down 290.14% from the prior year.
• EBITDA came in at -$583.6 million for Q4 2025 at Forward Industries, down from -$3.1 million in the prior quarter.
• In the past five years, EBITDA ranged from a high of $1.1 million in Q3 2022 to a low of -$583.6 million in Q4 2025.
• The 5-year median for EBITDA is -$383063.0 (2022), against an average of -$29.7 million.
• Across the five-year window, EBITDA jumped 2279.5% in 2022 and plunged 64891.1% in 2025, its largest moves.
• Forward Industries' EBITDA stood at $214214.0 in 2021, then tumbled by 159.71% to -$127916.0 in 2022, then slumped by 197.32% to -$380321.0 in 2023, then slumped by 136.12% to -$898030.0 in 2024, then slumped by 64891.1% to -$583.6 million in 2025.
• The last three EBITDA figures came in at -$583.6 million (Q4 2025), -$3.1 million (Q3 2025), and -$2.6 million (Q2 2025), per Business Quant data.