Forward Industries (FWDI) Interest Expenses (2011 - 2026)

Forward Industries (FWDI) posted Interest Expenses of $2.9 million for Q4 2025, up 21996.77% sequentially from $13020.0 in Q3 2025, and up 1296.6% YoY from $206000.0 in Q4 2024.

Forward Industries (FWDI) Interest Expenses (2011 - 2026) Analysis & Trends

Forward Industries has reported Interest Expenses for 13 years, with the latest figure at $2.9 million in Q4 2025.

  • Quarterly Interest Expenses rose 1296.6% year-over-year to $2.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.9 million (up 403.76% YoY) and the FY2025 annual result came in at $45.6 million, up 959.74% from the prior year.
  • Interest Expenses advanced to $2.9 million in Q4 2025 per FWDI's latest filing, from $13020.0 in the prior quarter.
  • Over five years, Interest Expenses peaked at $3.3 million in Q1 2025 and troughed at -$324799.0 in Q3 2023.
  • A 5-year average of $629406.2 and a median of $177000.0 in 2024 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2023 and 2025: Interest Expenses slumped 1264.78% in 2023, then surged 2169.39% in 2025.
  • Over 5 years, Interest Expenses stood at $121000.0 in 2021, then tumbled by 32.23% to $82000.0 in 2022, then soared by 79.27% to $147000.0 in 2023, then jumped by 40.14% to $206000.0 in 2024, then soared by 1296.6% to $2.9 million in 2025.
  • According to Business Quant data, Interest Expenses over the past three periods registered $2.9 million, $13020.0, and $3.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Nike 60.63 Bn 51.60 Bn 5.39 Bn 501.00 Mn
2 Deckers Outdoor 13.33 Bn 11.43 Bn - -
3 Birkenstock Holding 7.60 Bn 6.80 Bn 493.89 Mn 49.99 Mn
4 Crocs 6.44 Bn 6.27 Bn 700.71 Mn 454.96 Mn
5 Steven Madden 3.37 Bn 3.28 Bn 309.66 Mn 295.53 Mn
6 Wolverine World Wide 1.62 Bn 1.46 Bn 235.30 Mn 13.40 Mn
7 Weyco 425.23 Mn 329.76 Mn 43.78 Mn 10.09 Mn
8 Forward Industries 355.01 Mn 355.01 Mn - 1.14 Mn
9 Rocky Brands 354.31 Mn 351.69 Mn 60.80 Mn 2.78 Mn
10 Designer Brands 311.24 Mn 261.14 Mn 315.32 Mn 468.52 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.14 Mn
Jun 30, 2026 1.14 Mn
Dec 31, 2025 2.88 Mn
Dec 31, 2025 2.88 Mn
Sep 30, 2025 13,020.00
Sep 30, 2025 13,020.00
Jun 30, 2025 3.19 Mn
Jun 30, 2025 3.19 Mn
Mar 31, 2025 3.34 Mn
Mar 31, 2025 3.34 Mn
Dec 31, 2024 206,000.00
Dec 31, 2024 206,000.00
Sep 30, 2024 662,019.00
Sep 30, 2024 662,019.00
Jun 30, 2024 148,000.00
Jun 30, 2024 148,000.00
Mar 31, 2024 147,000.00
Mar 31, 2024 147,000.00
Dec 31, 2023 147,000.00
Dec 31, 2023 147,000.00