Forward Industries (FWDI) EBT (2009 - 2026)
Forward Industries' EBT was -$582.96 million in fiscal Q1 2026 (quarter ended Dec 31, 2025), compared with -$897,775 a year earlier.
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Analysis
Forward Industries (FWDI) EBT (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Forward Industries' EBT was -$751.13 million through Dec 31, 2025; for FY2025 (ended Sep 30, 2025), it came in at -$169.07 million.
- In earlier fiscal years, EBT was -$2.14 million in FY2024, $178,664 in FY2023 (-60.5%), $452,447 in FY2022 (-13.6%) and $523,805 in FY2021.
- The fiscal Q1 2026 figure marks the lowest quarterly EBT in data going back to fiscal Q3 2010.
- Per Business Quant data, FWDI's EBT in the three fiscal quarters before Q1 2026 was -$163.94 million (Q4 2025), -$2.4 million (Q3 2025) and -$1.82 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn | 1.16 Bn |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 863.00 Mn |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 423.90 Mn |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 555.25 Mn |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | 458.28 Mn |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 393.71 Mn |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 176.34 Mn |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 371.64 Mn |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 86.66 Mn |
| 10 | Forward Industries | 386.96 Mn | 293.49 Mn | 6.70 Mn | -70.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -70.69 Mn |
| Mar 31, 2026 | -283.96 Mn |
| 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 |
API Access
Forward Industries EBT 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=ebt&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();