Forward Industries (FWDI) Goodwill (2018 - 2025)
Forward Industries (FWDI) posted Goodwill of $1.33 million for fiscal Q3 2025 (quarter ended Jun 30, 2025), down 24.2% from $1.76 million a year earlier and unchanged from the prior quarter.
Powered by 
Analysis
Forward Industries (FWDI) Goodwill (2018 - 2025) Analysis & Trends
At the end of FY2024 (ended Sep 30, 2024), Forward Industries' Goodwill came in at $1.56 million, down 11.4% from FY2023.
- Annual Goodwill shows a five-year compound annual growth rate of -6.5% (FY2019 to FY2024).
- In prior fiscal years, Forward Industries' Goodwill was $1.76 million in FY2023 (unchanged), $1.76 million in FY2022 (unchanged), $1.76 million in FY2021 (unchanged) and $1.76 million in FY2020 (-19.4%).
- Quarterly Goodwill has run from a low of $1.33 million in fiscal Q1 2025 to a high of $1.76 million in fiscal Q3 2024 over five years.
- On a year-over-year basis, Goodwill has declined in each of the last four quarters, with an average decline of 10.5% over the last eight quarters.
- The strongest year-over-year quarter for Goodwill in the past five years was fiscal Q3 2021, with growth of 50.6%; the weakest was fiscal Q1 2025, with a decline of 24.2%.
- According to Business Quant data, Goodwill for the three prior fiscal quarters was $1.33 million (Q2 2025), $1.33 million (Q1 2025) and $1.56 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn |
| 10 | Forward Industries | 594.47 Mn | 594.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 1.33 Mn |
| Mar 31, 2025 | 1.33 Mn |
| Dec 31, 2024 | 1.33 Mn |
| Sep 30, 2024 | 1.56 Mn |
| Jun 30, 2024 | 1.76 Mn |
| Mar 31, 2024 | 1.76 Mn |
| Dec 31, 2023 | 1.76 Mn |
| Sep 30, 2023 | 1.76 Mn |
| Jun 30, 2023 | 1.76 Mn |
| Mar 31, 2023 | 1.76 Mn |
| Dec 31, 2022 | 1.76 Mn |
| Sep 30, 2022 | 1.76 Mn |
| Jun 30, 2022 | 1.76 Mn |
| Mar 31, 2022 | 1.76 Mn |
| Dec 31, 2021 | 1.76 Mn |
| Sep 30, 2021 | 1.76 Mn |
| Jun 30, 2021 | 1.76 Mn |
| Mar 31, 2021 | 1.76 Mn |
| Dec 31, 2020 | 1.76 Mn |
| Sep 30, 2020 | 1.76 Mn |
API Access
Forward Industries Goodwill 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=goodwill&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();