Forward Industries (FWDI) Net Income (2010 - 2025)

Forward Industries (FWDI) posted Net Income of $148000.0 for Q2 2025, down 60.06% sequentially from $370598.0 in Q1 2025, and up 137.0% YoY from $62447.3 in Q2 2024.

Forward Industries (FWDI) Net Income (2010 - 2025) Analysis & Trends

Forward Industries has reported Net Income for 13 years, with the latest figure at $148000.0 in Q2 2025.

  • Quarterly Net Income rose 137.0% year-over-year to $148000.0 in Q2 2025, while the trailing twelve-month figure through Dec 2025 was $518598.0 (up 122.5% YoY) and the FY2025 annual result came in at $709000.0, up 136.34% from the prior year.
  • Net Income fell to $148000.0 in Q2 2025 per FWDI's latest filing, from $370598.0 in the prior quarter.
  • Over five years, Net Income peaked at $370598.0 in Q1 2025 and troughed at -$1.9 million in Q3 2023.
  • A 5-year average of -$440466.8 and a median of -$424500.0 in 2022 frame the typical range for Net Income.
  • The sharpest annual moves came in 2021 and 2022: Net Income surged 213.49% in 2021, then slumped 832.14% in 2022.
  • Over 5 years, Net Income stood at $180000.0 in 2021, then plunged by 338.89% to -$430000.0 in 2022, then gained by 17.67% to -$354000.0 in 2023, then sank by 100.0% to -$708000.0 in 2024, then surged by 120.9% to $148000.0 in 2025.
  • According to Business Quant data, Net Income over the past three periods registered $148000.0, $370598.0, and -$708000.0 for Q2 2025, Q1 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Nike 60.63 Bn 51.60 Bn 5.39 Bn 1.07 Bn
2 Deckers Outdoor 13.33 Bn 11.43 Bn - -
3 Birkenstock Holding 7.60 Bn 6.80 Bn 493.89 Mn 127.38 Mn
4 Crocs 6.44 Bn 6.27 Bn 700.71 Mn 204.89 Mn
5 Steven Madden 3.37 Bn 3.28 Bn 309.66 Mn 27.93 Mn
6 Wolverine World Wide 1.62 Bn 1.46 Bn 235.30 Mn 32.90 Mn
7 Weyco 425.23 Mn 329.76 Mn 43.78 Mn 13.32 Mn
8 Forward Industries 355.01 Mn 355.01 Mn - -
9 Rocky Brands 354.31 Mn 351.69 Mn 60.80 Mn 13.88 Mn
10 Designer Brands 311.24 Mn 261.14 Mn 315.32 Mn 3.94 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 708,639.00
Jun 30, 2025 148,000.00
Mar 31, 2025 370,598.00
Dec 31, 2024 -708,000.00
Sep 30, 2024 -644,000.00
Jun 30, 2024 -400,000.00
Mar 31, 2024 -553,000.00
Dec 31, 2023 -354,000.00
Sep 30, 2023 -1.90 Mn
Jun 30, 2023 -536,000.00
Mar 31, 2023 -871,000.00
Dec 31, 2022 -430,000.00
Sep 30, 2022 -783,000.00
Jun 30, 2022 -419,000.00
Mar 31, 2022 -356,000.00
Dec 31, 2021 180,000.00
Sep 30, 2021 -84,000.00
Jun 30, 2021 244,000.00
Mar 31, 2021 -835,000.00
Dec 31, 2020 1.20 Mn