Forward Industries (FWDI) Gross Profit (2010 - 2025)
Forward Industries (FWDI) recorded Gross Profit of $16.85 million in fiscal Q1 2026 (quarter ended Dec 31, 2025), compared with $1.13 million a year earlier and up 246.8% from the prior quarter.
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Analysis
Forward Industries (FWDI) Gross Profit (2010 - 2025) Analysis & Trends
On a TTM basis, Forward Industries' Gross Profit came in at $20.91 million as of Dec 31, 2025, up 328.9% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $5.19 million, up 0.1% from FY2024.
- Annual Gross Profit has a five-year compound annual growth rate of -4.8% (FY2020 to FY2025).
- Across earlier fiscal years, Gross Profit came in at $5.18 million in FY2024 (-38.0%), $8.36 million in FY2023 (-4.9%), $8.8 million in FY2022 (+8.2%) and $8.13 million in FY2021 (+22.5%).
- The fiscal Q1 2026 figure is the highest quarterly Gross Profit in data going back to fiscal Q3 2010.
- On a year-over-year basis, Gross Profit rose in 1 of the last five quarters, with growth averaging 37.2%.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 339.7% in fiscal Q4 2025, against a decline of 51.6% in fiscal Q4 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $4.86 million (Q4 2025), -$620,958 (Q3 2025) and -$178,761 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 46.03 Bn | 46.09 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 27.52 Bn | 20.68 Bn | 1.83 Bn |
| 3 | Td Synnex | 21.68 Bn | 15.84 Bn | 1.43 Bn |
| 4 | Cdw | 17.02 Bn | 15.01 Bn | 1.32 Bn |
| 5 | Cgi | 15.79 Bn | 13.57 Bn | - |
| 6 | Arrow Electronics | 11.78 Bn | 10.81 Bn | 1.13 Bn |
| 7 | Avnet | 8.39 Bn | 7.57 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.54 Bn | 2.15 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.90 Bn | 1.54 Bn | 429.57 Mn |
| 10 | Forward Industries | 578.22 Mn | 578.22 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 16.85 Mn |
| Sep 30, 2025 | 4.86 Mn |
| Jun 30, 2025 | -620,958.00 |
| Mar 31, 2025 | -178,761.00 |
| Dec 31, 2024 | 1.13 Mn |
| Sep 30, 2024 | 1.10 Mn |
| Jun 30, 2024 | 1.31 Mn |
| Mar 31, 2024 | 1.33 Mn |
| Dec 31, 2023 | 1.64 Mn |
| Sep 30, 2023 | 2.28 Mn |
| Jun 30, 2023 | 2.19 Mn |
| Mar 31, 2023 | 1.93 Mn |
| Dec 31, 2022 | 1.97 Mn |
| Sep 30, 2022 | 2.01 Mn |
| Jun 30, 2022 | 1.92 Mn |
| Mar 31, 2022 | 2.25 Mn |
| Dec 31, 2021 | 2.62 Mn |
| Sep 30, 2021 | 1.95 Mn |
| Jun 30, 2021 | 2.18 Mn |
| Mar 31, 2021 | 1.74 Mn |
API Access
Forward Industries Gross Profit 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=gross-profit&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();