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

Forward Industries' (FWDI) quarterly Net Margin came in at 2732.19% in Q4 2025, down 271688.0% year-on-year from N/an in Q4 2024, and down 32.38% quarter-over-quarter from 2063.89% in Q3 2025.

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

Forward Industries has disclosed Net Margin across 13 years of filings, most recently posting 2732.19% for Q4 2025.

  • Net Margin for Q4 2025 came in at 2732.19%, down 271688.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 2143.32% (down 213470.0% YoY), and the FY2025 annual result was 918.23%, down 90848.0% from the prior year.
  • Net Margin came in at 2732.19% for Q4 2025 at Forward Industries, down from 2063.89% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 18.37% in Q3 2022 to a low of 2732.19% in Q4 2025.
  • The 5-year median for Net Margin is 5.84% (2023), against an average of 244.7%.
  • Across the five-year window, Net Margin soared 1914 bps in 2022 and sank 271688 bps in 2025, its largest moves.
  • Forward Industries' Net Margin stood at 1.55% in 2021, then tumbled by 324 bps to 3.48% in 2022, then jumped by 111 bps to 0.38% in 2023, then tumbled by 4162 bps to 15.31% in 2024, then plunged by 17746 bps to 2732.19% in 2025.
  • The last three Net Margin figures came in at 2732.19% (Q4 2025), 2063.89% (Q3 2025), and 34.48% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Birkenstock Holding 98.76 Bn 98.52 Bn 390.51 Mn 19.67%
2 Nike 63.56 Bn 55.51 Bn 4.53 Bn 4.61%
3 Deckers Outdoor 15.58 Bn 13.49 Bn 1.17 Bn 24.58%
4 Crocs 6.00 Bn 5.87 Bn 522.95 Mn 14.93%
5 Steven Madden 3.13 Bn 3.09 Bn 357.42 Mn 11.03%
6 Wolverine World Wide 1.84 Bn 1.64 Bn 243.40 Mn 6.28%
7 On Holding AG 1.61 Bn 220.32 Mn 682.30 Mn 14.86%
8 Designer Brands 414.71 Mn 363.84 Mn 302.71 Mn -2.55%
9 Forward Industries 365.68 Mn 340.29 Mn 16.85 Mn -2,732.19%
10 Weyco 332.28 Mn 234.85 Mn 33.84 Mn 11.75%

Historic Data

Download Data
DateValue
Dec 31, 2025 -2,732.19%
Sep 30, 2025 -2,063.89%
Jun 30, 2025 -34.48%
Mar 31, 2025 11.87%
Dec 31, 2024 -15.31%
Sep 30, 2024 -13.57%
Jun 30, 2024 -7.93%
Mar 31, 2024 1.46%
Dec 31, 2023 0.38%
Sep 30, 2023 -25.49%
Jun 30, 2023 -7.81%
Mar 31, 2023 -7.72%
Dec 31, 2022 -3.48%
Sep 30, 2022 18.37%
Jun 30, 2022 -3.96%
Mar 31, 2022 -3.45%
Dec 31, 2021 1.55%
Sep 30, 2021 -0.77%
Jun 30, 2021 2.44%
Mar 31, 2021 -9.94%