Forward Industries (FWDI) Invested Capital (2010 - 2025)

Forward Industries' (FWDI) quarterly Invested Capital came in at $884.4 million in Q4 2025, up 38699.73% year-on-year from N/an in Q4 2024, and down 39.84% quarter-over-quarter from $1.5 billion in Q3 2025.

Forward Industries (FWDI) Invested Capital (2010 - 2025) Analysis & Trends

Forward Industries has disclosed Invested Capital across 14 years of filings, most recently posting $884.4 million for Q4 2025.

  • Invested Capital for Q4 2025 came in at $884.4 million, up 38699.73% year-over-year; the trailing twelve-month figure through Dec 2025 was $884.4 million (up 38699.73% YoY), and the FY2025 annual result was $1.5 billion, up 49448.64% from the prior year.
  • Invested Capital came in at $884.4 million for Q4 2025 at Forward Industries, down from $1.5 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $1.5 billion in Q3 2025 to a low of $1.4 million in Q2 2024.
  • The 5-year median for Invested Capital is $5.4 million (2022), against an average of $122.0 million.
  • Across the five-year window, Invested Capital slumped 68.99% in 2024 and surged 49448.64% in 2025, its largest moves.
  • Forward Industries' Invested Capital stood at $7.7 million in 2021, then dropped by 23.52% to $5.9 million in 2022, then plunged by 60.53% to $2.3 million in 2023, then slipped by 1.45% to $2.3 million in 2024, then soared by 38699.73% to $884.4 million in 2025.
  • The last three Invested Capital figures came in at $884.4 million (Q4 2025), $1.5 billion (Q3 2025), and $3.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Birkenstock Holding 98.76 Bn 98.52 Bn 390.51 Mn 3.41 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 2.61 Bn
4 Crocs 6.00 Bn 5.87 Bn 522.95 Mn 1.43 Bn
5 Steven Madden 3.13 Bn 3.09 Bn 357.42 Mn 1.21 Bn
6 Wolverine World Wide 1.84 Bn 1.64 Bn 243.40 Mn 1.03 Bn
7 On Holding AG 1.61 Bn 220.32 Mn 682.30 Mn 66.66 Mn
8 Designer Brands 414.71 Mn 363.84 Mn 302.71 Mn 710.69 Mn
9 Forward Industries 365.68 Mn 340.29 Mn 16.85 Mn 884.36 Mn
10 Weyco 332.28 Mn 234.85 Mn 33.84 Mn 239.57 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 884.36 Mn
Sep 30, 2025 1.47 Bn
Jun 30, 2025 3.35 Mn
Mar 31, 2025 3.58 Mn
Dec 31, 2024 2.28 Mn
Sep 30, 2024 2.97 Mn
Jun 30, 2024 1.39 Mn
Mar 31, 2024 1.77 Mn
Dec 31, 2023 2.31 Mn
Sep 30, 2023 2.62 Mn
Jun 30, 2023 4.48 Mn
Mar 31, 2023 5.00 Mn
Dec 31, 2022 5.86 Mn
Sep 30, 2022 6.27 Mn
Jun 30, 2022 7.00 Mn
Mar 31, 2022 7.37 Mn
Dec 31, 2021 7.66 Mn
Sep 30, 2021 7.44 Mn
Jun 30, 2021 7.49 Mn
Mar 31, 2021 7.23 Mn