Forward Industries (FWDI) EBITDA Margin (2010 - 2025)

Forward Industries' (FWDI) quarterly EBITDA Margin came in at 2722.8% in Q4 2025, down 270338.0% year-on-year from N/an in Q4 2024, and down 6849.8% quarter-over-quarter from 39.18% in Q3 2025.

Forward Industries (FWDI) EBITDA Margin (2010 - 2025) Analysis & Trends

Forward Industries has disclosed EBITDA Margin across 13 years of filings, most recently posting 2722.8% for Q4 2025.

  • EBITDA Margin for Q4 2025 came in at 2722.8%, down 270338.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 1689.03% (down 167525.0% YoY), and the FY2025 annual result was 46.14%, down 3538.0% from the prior year.
  • EBITDA Margin came in at 2722.8% for Q4 2025 at Forward Industries, down from 39.18% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 19.03% in Q3 2022 to a low of 2722.8% in Q4 2025.
  • The 5-year median for EBITDA Margin is 4.48% (2022), against an average of 148.75%.
  • Across the five-year window, EBITDA Margin jumped 1948 bps in 2022 and sank 270338 bps in 2025, its largest moves.
  • Forward Industries' EBITDA Margin stood at 1.84% in 2021, then plunged by 171 bps to 1.31% in 2022, then sank by 305 bps to 5.32% in 2023, then plunged by 265 bps to 19.42% in 2024, then sank by 13921 bps to 2722.8% in 2025.
  • The last three EBITDA Margin figures came in at 2722.8% (Q4 2025), 39.18% (Q3 2025), and 102.61% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Birkenstock Holding 98.76 Bn 98.52 Bn 390.51 Mn 19.59%
2 Nike 63.56 Bn 55.51 Bn 4.53 Bn 14.57%
3 Deckers Outdoor 15.58 Bn 13.49 Bn 1.17 Bn 24.73%
4 Crocs 6.00 Bn 5.87 Bn 522.95 Mn 21.80%
5 Steven Madden 3.13 Bn 3.09 Bn 357.42 Mn 15.20%
6 Wolverine World Wide 1.84 Bn 1.64 Bn 243.40 Mn 9.45%
7 On Holding AG 1.61 Bn 220.32 Mn 682.30 Mn 20.95%
8 Designer Brands 414.71 Mn 363.84 Mn 302.71 Mn -1.99%
9 Forward Industries 365.68 Mn 340.29 Mn 16.85 Mn -2,722.80%
10 Weyco 332.28 Mn 234.85 Mn 33.84 Mn -15.95%

Historic Data

Download Data
DateValue
Dec 31, 2025 -2,722.80%
Sep 30, 2025 -39.18%
Jun 30, 2025 -102.61%
Mar 31, 2025 -58.33%
Dec 31, 2024 -19.42%
Sep 30, 2024 -14.90%
Jun 30, 2024 -9.12%
Mar 31, 2024 -12.24%
Dec 31, 2023 -5.32%
Sep 30, 2023 2.76%
Jun 30, 2023 1.73%
Mar 31, 2023 -0.94%
Dec 31, 2022 -1.31%
Sep 30, 2022 19.03%
Jun 30, 2022 -3.64%
Mar 31, 2022 -3.13%
Dec 31, 2021 1.84%
Sep 30, 2021 -0.45%
Jun 30, 2021 2.69%
Mar 31, 2021 -9.72%