Forward Industries (FWDI) Free Cash Flow (2011 - 2025)

Forward Industries has disclosed Free Cash Flow across 13 years of filings, most recently posting -$7.9 million for Q4 2025.

• Free Cash Flow for Q4 2025 came in at -$7.9 million, down 1703.31% year-over-year; the trailing twelve-month figure through Dec 2025 was -$12.0 million (down 14662.74% YoY), and the FY2025 annual result was -$4.5 million, down 1095.97% from the prior year.
• Free Cash Flow came in at -$7.9 million for Q4 2025 at Forward Industries, down from -$2.3 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $1.4 million in Q2 2024 to a low of -$7.9 million in Q4 2025.
• The 5-year median for Free Cash Flow is $55341.5 (2021), against an average of -$489306.3.
• Across the five-year window, Free Cash Flow surged 2038.47% in 2022 and tumbled 2138.8% in 2024, its largest moves.
• Forward Industries' Free Cash Flow stood at $1.1 million in 2021, then slumped by 118.07% to -$193716.0 in 2022, then soared by 149.72% to $96318.0 in 2023, then slumped by 556.51% to -$439701.0 in 2024, then plunged by 1703.31% to -$7.9 million in 2025.
• The last three Free Cash Flow figures came in at -$7.9 million (Q4 2025), -$2.3 million (Q3 2025), and -$1.2 million (Q2 2025), per Business Quant data.