Forward Industries (FWDI) Enterprise Value (2010 - 2025)

Forward Industries (FWDI) posted Enterprise Value of -$25.4 million for Q4 2025, up 33.48% sequentially from -$38.2 million in Q3 2025, and down 986.16% YoY from $2.9 million in Q4 2024.

Forward Industries (FWDI) Enterprise Value (2010 - 2025) Analysis & Trends

Forward Industries has reported Enterprise Value for 14 years, with the latest figure at -$25.4 million in Q4 2025.

  • Quarterly Enterprise Value fell 986.16% year-over-year to -$25.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$25.4 million (down 986.16% YoY) and the FY2025 annual result came in at -$38.2 million, down 1274.33% from the prior year.
  • Enterprise Value grew to -$25.4 million in Q4 2025 per FWDI's latest filing, from -$38.2 million in the prior quarter.
  • Over five years, Enterprise Value peaked at -$1.3 million in Q2 2025 and troughed at -$38.2 million in Q3 2025.
  • A 5-year average of -$5.1 million and a median of -$2.3 million in 2022 frame the typical range for Enterprise Value.
  • The sharpest annual moves came in 2021 and 2025: Enterprise Value jumped 51.78% in 2021, then slumped 1274.33% in 2025.
  • Over 5 years, Enterprise Value stood at -$2.4 million in 2021, then climbed by 4.13% to -$2.3 million in 2022, then slipped by 29.8% to -$3.0 million in 2023, then increased by 22.78% to -$2.3 million in 2024, then tumbled by 986.16% to -$25.4 million in 2025.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$25.4 million, -$38.2 million, and -$1.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Nike 60.63 Bn 51.60 Bn 5.39 Bn -9.03 Bn
2 Deckers Outdoor 13.33 Bn 11.43 Bn - -1.91 Bn
3 Birkenstock Holding 7.60 Bn 6.80 Bn 493.89 Mn -806.25 Mn
4 Crocs 6.44 Bn 6.27 Bn 700.71 Mn -170.28 Mn
5 Steven Madden 3.37 Bn 3.28 Bn 309.66 Mn -62.24 Mn
6 Wolverine World Wide 1.62 Bn 1.46 Bn 235.30 Mn -139.30 Mn
7 Weyco 425.23 Mn 329.76 Mn 43.78 Mn -95.47 Mn
8 Forward Industries 355.01 Mn 355.01 Mn - -
9 Rocky Brands 354.31 Mn 351.69 Mn 60.80 Mn -2.63 Mn
10 Designer Brands 311.24 Mn 261.14 Mn 315.32 Mn -50.10 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -25.39 Mn
Sep 30, 2025 -38.17 Mn
Jun 30, 2025 -1.26 Mn
Mar 31, 2025 -1.80 Mn
Dec 31, 2024 -2.34 Mn
Sep 30, 2024 -2.78 Mn
Jun 30, 2024 -2.32 Mn
Mar 31, 2024 -2.05 Mn
Dec 31, 2023 -3.03 Mn
Sep 30, 2023 -2.82 Mn
Jun 30, 2023 -2.82 Mn
Mar 31, 2023 -2.36 Mn
Dec 31, 2022 -2.33 Mn
Sep 30, 2022 -2.58 Mn
Jun 30, 2022 -2.28 Mn
Mar 31, 2022 -1.54 Mn
Dec 31, 2021 -2.43 Mn
Sep 30, 2021 -1.41 Mn
Jun 30, 2021 -1.60 Mn
Mar 31, 2021 -1.53 Mn