Forward Industries (FWDI) Net Cash Flow (2011 - 2025)
Forward Industries (FWDI) posted Net Cash Flow of -$12.8 million for Q4 2025, down 135.0% sequentially from $36.5 million in Q3 2025, and down 3462.15% YoY from $380081.0 in Q4 2024.
Forward Industries (FWDI) Net Cash Flow (2011 - 2025) Analysis & Trends
Forward Industries has reported Net Cash Flow for 13 years, with the latest figure at -$12.8 million in Q4 2025.
- Quarterly Net Cash Flow fell 3462.15% year-over-year to -$12.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $22.6 million (up 9113.44% YoY) and the FY2025 annual result came in at $35.0 million, up 77205.8% from the prior year.
- Net Cash Flow declined to -$12.8 million in Q4 2025 per FWDI's latest filing, from $36.5 million in the prior quarter.
- Over five years, Net Cash Flow peaked at $36.5 million in Q3 2025 and troughed at -$12.8 million in Q4 2025.
- A 5-year average of $1.2 million and a median of -$173983.0 in 2021 frame the typical range for Net Cash Flow.
- The widest YoY moves for Net Cash Flow: up 1807.06% in 2025, down 3462.15% in 2025.
- Over 5 years, Net Cash Flow stood at $1.0 million in 2021, then sank by 123.85% to -$243716.0 in 2022, then jumped by 36.94% to -$153682.0 in 2023, then sank by 133.43% to -$358741.0 in 2024, then sank by 3462.15% to -$12.8 million in 2025.
- According to Business Quant data, Net Cash Flow over the past three periods registered -$12.8 million, $36.5 million, and -$535215.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 911.00 Mn |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | - |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 571.24 Mn |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | 43.48 Mn |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 16.84 Mn |
| 6 | Wolverine World Wide | 1.62 Bn | 1.46 Bn | 235.30 Mn | - |
| 7 | Weyco | 425.23 Mn | 329.76 Mn | 43.78 Mn | - |
| 8 | Forward Industries | 355.01 Mn | 355.01 Mn | - | - |
| 9 | Rocky Brands | 354.31 Mn | 351.69 Mn | 60.80 Mn | 960,000.00 |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | -600,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -12.78 Mn |
| Dec 31, 2025 | -12.78 Mn |
| Sep 30, 2025 | 36.51 Mn |
| Sep 30, 2025 | 36.51 Mn |
| Jun 30, 2025 | -535,215.00 |
| Jun 30, 2025 | -535,215.00 |
| Mar 31, 2025 | -620,007.00 |
| Mar 31, 2025 | -620,007.00 |
| Dec 31, 2024 | -358,741.00 |
| Dec 31, 2024 | -358,741.00 |
| Sep 30, 2024 | 1.91 Mn |
| Sep 30, 2024 | 1.91 Mn |
| Jun 30, 2024 | -1.19 Mn |
| Jun 30, 2024 | -1.19 Mn |
| Mar 31, 2024 | -620,628.00 |
| Mar 31, 2024 | -620,628.00 |
| Dec 31, 2023 | -153,682.00 |
| Dec 31, 2023 | -153,682.00 |
| Sep 30, 2023 | 359,305.00 |
| Sep 30, 2023 | 359,305.00 |