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
DateValue
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