Forward Industries (FWDI) Equity Average (2012 - 2025)
Forward Industries' (FWDI) quarterly Equity Average came in at $1.2 billion in Q4 2025, up 44712.01% year-on-year from N/an in Q4 2024, and up 59.55% quarter-over-quarter from $736.7 million in Q3 2025.
Forward Industries (FWDI) Equity Average (2012 - 2025) Analysis & Trends
Forward Industries has disclosed Equity Average across 12 years of filings, most recently posting $1.2 billion for Q4 2025.
- Equity Average for Q4 2025 came in at $1.2 billion, up 44712.01% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.2 billion (up 44712.01% YoY), and the FY2025 annual result was $736.5 million, up 26283.92% from the prior year.
- Equity Average came in at $1.2 billion for Q4 2025 at Forward Industries, up from $736.7 million in the prior quarter.
- In the past five years, Equity Average ranged from a high of $1.2 billion in Q4 2025 to a low of $1.6 million in Q2 2024.
- The 5-year median for Equity Average is $5.7 million (2022), against an average of $100.0 million.
- Across the five-year window, Equity Average slumped 66.69% in 2024 and soared 44712.01% in 2025, its largest moves.
- Forward Industries' Equity Average stood at $7.6 million in 2021, then dropped by 19.72% to $6.1 million in 2022, then slumped by 59.35% to $2.5 million in 2023, then advanced by 6.44% to $2.6 million in 2024, then jumped by 44712.01% to $1.2 billion in 2025.
- The last three Equity Average figures came in at $1.2 billion (Q4 2025), $736.7 million (Q3 2025), and $3.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 98.76 Bn | 98.52 Bn | 390.51 Mn | 3.31 Bn |
| 2 | Nike | 63.56 Bn | 55.51 Bn | 4.53 Bn | 14.09 Bn |
| 3 | Deckers Outdoor | 15.58 Bn | 13.49 Bn | 1.17 Bn | 2.54 Bn |
| 4 | Crocs | 6.00 Bn | 5.87 Bn | 522.95 Mn | 1.36 Bn |
| 5 | Steven Madden | 3.13 Bn | 3.09 Bn | 357.42 Mn | 889.77 Mn |
| 6 | Wolverine World Wide | 1.84 Bn | 1.64 Bn | 243.40 Mn | 392.35 Mn |
| 7 | On Holding AG | 1.61 Bn | 220.32 Mn | 682.30 Mn | - |
| 8 | Designer Brands | 414.71 Mn | 363.84 Mn | 302.71 Mn | 290.53 Mn |
| 9 | Forward Industries | 365.68 Mn | 340.29 Mn | 16.85 Mn | 1.18 Bn |
| 10 | Weyco | 332.28 Mn | 234.85 Mn | 33.84 Mn | 245.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.18 Bn |
| Sep 30, 2025 | 736.74 Mn |
| Jun 30, 2025 | 3.46 Mn |
| Mar 31, 2025 | 2.93 Mn |
| Dec 31, 2024 | 2.62 Mn |
| Sep 30, 2024 | 2.18 Mn |
| Jun 30, 2024 | 1.58 Mn |
| Mar 31, 2024 | 2.04 Mn |
| Dec 31, 2023 | 2.46 Mn |
| Sep 30, 2023 | 3.55 Mn |
| Jun 30, 2023 | 4.74 Mn |
| Mar 31, 2023 | 5.43 Mn |
| Dec 31, 2022 | 6.06 Mn |
| Sep 30, 2022 | 6.63 Mn |
| Jun 30, 2022 | 7.18 Mn |
| Mar 31, 2022 | 7.52 Mn |
| Dec 31, 2021 | 7.55 Mn |
| Sep 30, 2021 | 7.47 Mn |
| Jun 30, 2021 | 7.32 Mn |
| Mar 31, 2021 | 7.49 Mn |