Forward Industries (FWDI) EBT (2010 - 2025)
Forward Industries' (FWDI) quarterly EBT came in at -$583.0 million in Q4 2025, down 64834.23% year-on-year from N/an in Q4 2024, and down 255.59% quarter-over-quarter from -$163.9 million in Q3 2025.
Forward Industries (FWDI) EBT (2010 - 2025) Analysis & Trends
Forward Industries has disclosed EBT across 13 years of filings, most recently posting -$583.0 million for Q4 2025.
- EBT for Q4 2025 came in at -$583.0 million, down 64834.23% year-over-year; the trailing twelve-month figure through Dec 2025 was -$751.1 million (down 27972.95% YoY), and the FY2025 annual result was -$169.1 million, down 7788.49% from the prior year.
- EBT came in at -$583.0 million for Q4 2025 at Forward Industries, down from -$163.9 million in the prior quarter.
- In the past five years, EBT ranged from a high of $1.0 million in Q3 2022 to a low of -$583.0 million in Q4 2025.
- The 5-year median for EBT is -$400044.0 (2022), against an average of -$37.7 million.
- Across the five-year window, EBT jumped 1345.89% in 2022 and slumped 64834.23% in 2025, its largest moves.
- Forward Industries' 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.
- The last three EBT figures came in at -$583.0 million (Q4 2025), -$163.9 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) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 98.76 Bn | 98.52 Bn | 390.51 Mn | 142.42 Mn |
| 2 | Nike | 63.56 Bn | 55.51 Bn | 4.53 Bn | 650.00 Mn |
| 3 | Deckers Outdoor | 15.58 Bn | 13.49 Bn | 1.17 Bn | 626.91 Mn |
| 4 | Crocs | 6.00 Bn | 5.87 Bn | 522.95 Mn | 178.84 Mn |
| 5 | Steven Madden | 3.13 Bn | 3.09 Bn | 357.42 Mn | 95.14 Mn |
| 6 | Wolverine World Wide | 1.84 Bn | 1.64 Bn | 243.40 Mn | 40.30 Mn |
| 7 | On Holding AG | 1.61 Bn | 220.32 Mn | 682.30 Mn | 148.26 Mn |
| 8 | Designer Brands | 414.71 Mn | 363.84 Mn | 302.71 Mn | -24.69 Mn |
| 9 | Forward Industries | 365.68 Mn | 340.29 Mn | 16.85 Mn | -582.96 Mn |
| 10 | Weyco | 332.28 Mn | 234.85 Mn | 33.84 Mn | 10.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |