Forward Industries (FWDI) EBT (2010 - 2025)

Forward Industries (FWDI) posted EBT of -$583.0 million for Q4 2025, down 255.59% sequentially from -$163.9 million in Q3 2025, and down 64834.23% YoY from N/an in Q4 2024.

Forward Industries (FWDI) EBT (2010 - 2025) Analysis & Trends

Forward Industries has reported EBT for 13 years, with the latest figure at -$583.0 million in Q4 2025.

  • Quarterly EBT fell 64834.23% year-over-year to -$583.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$751.1 million (down 27972.95% YoY) and the FY2025 annual result came in at -$169.1 million, down 7788.49% from the prior year.
  • EBT fell to -$583.0 million in Q4 2025 per FWDI's latest filing, from -$163.9 million in the prior quarter.
  • Over five years, EBT peaked at $1.0 million in Q3 2022 and troughed at -$583.0 million in Q4 2025.
  • A 5-year average of -$37.7 million and a median of -$400044.0 in 2022 frame the typical range for EBT.
  • The sharpest annual moves came in 2022 and 2025: EBT soared 1345.89% in 2022, then slumped 64834.23% in 2025.
  • Over 5 years, EBT stood at $180024.0 in 2021, then slumped by 150.72% to -$91314.0 in 2022, then tumbled by 317.43% to -$381175.0 in 2023, then sank by 135.53% to -$897775.0 in 2024, then plunged by 64834.23% to -$583.0 million in 2025.
  • According to Business Quant data, EBT over the past three periods registered -$583.0 million, -$163.9 million, and -$2.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Nike 60.63 Bn 51.60 Bn 5.39 Bn 1.33 Bn
2 Deckers Outdoor 13.33 Bn 11.43 Bn - -
3 Birkenstock Holding 7.60 Bn 6.80 Bn 493.89 Mn 186.03 Mn
4 Crocs 6.44 Bn 6.27 Bn 700.71 Mn 263.92 Mn
5 Steven Madden 3.37 Bn 3.28 Bn 309.66 Mn 38.06 Mn
6 Wolverine World Wide 1.62 Bn 1.46 Bn 235.30 Mn 40.80 Mn
7 Weyco 425.23 Mn 329.76 Mn 43.78 Mn 18.59 Mn
8 Forward Industries 355.01 Mn 355.01 Mn - -
9 Rocky Brands 354.31 Mn 351.69 Mn 60.80 Mn 17.69 Mn
10 Designer Brands 311.24 Mn 261.14 Mn 315.32 Mn 8.74 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -582.96 Mn
Sep 30, 2025 -163.94 Mn
Jun 30, 2025 -2.40 Mn
Mar 31, 2025 -1.82 Mn
Dec 31, 2024 -897,775.00
Sep 30, 2024 -696,147.00
Jun 30, 2024 -454,699.00
Mar 31, 2024 -627,030.00
Dec 31, 2023 -381,175.00
Sep 30, 2023 255,011.00
Jun 30, 2023 133,677.00
Mar 31, 2023 -118,711.00
Dec 31, 2022 -91,314.00
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