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| Date | Value |
|---|---|
| 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 |