Forward Industries (FWDI) Net Margin (2010 - 2025)
Forward Industries (FWDI) posted Net Margin of 2732.19% for Q4 2025, down 32.38% sequentially from 2063.89% in Q3 2025, and down 271688.0% YoY from N/an in Q4 2024.
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Analysis
Forward Industries (FWDI) Net Margin (2010 - 2025) Analysis & Trends
Forward Industries has reported Net Margin for 13 years, with the latest figure at 2732.19% in Q4 2025.
- Quarterly Net Margin fell 271688.0% year-over-year to 2732.19% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 2143.32% (down 213470.0% YoY) and the FY2025 annual result came in at 918.23%, down 90848.0% from the prior year.
- Net Margin fell to 2732.19% in Q4 2025 per FWDI's latest filing, from 2063.89% in the prior quarter.
- Over five years, Net Margin peaked at 18.37% in Q3 2022 and troughed at 2732.19% in Q4 2025.
- A 5-year average of 243.67% and a median of 4.54% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2025: Net Margin surged 1914 bps in 2022, then sank 271688 bps in 2025.
- Over 5 years, Net Margin stood at 1.55% in 2021, then tumbled by 324 bps to 3.48% in 2022, then soared 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.
- According to Business Quant data, Net Margin over the past three periods registered 2732.19%, 2063.89%, and 34.48% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.58 Bn | 47.55 Bn | 5.39 Bn | 9.74% |
| 2 | Deckers Outdoor | 12.06 Bn | 10.16 Bn | - | - |
| 3 | Birkenstock Holding | 6.28 Bn | 5.48 Bn | 493.89 Mn | 15.23% |
| 4 | Crocs | 5.68 Bn | 5.51 Bn | 700.71 Mn | 17.37% |
| 5 | Steven Madden | 2.98 Bn | 2.88 Bn | 309.66 Mn | 4.19% |
| 6 | Wolverine World Wide | 1.58 Bn | 1.42 Bn | 235.30 Mn | 6.50% |
| 7 | Forward Industries | 541.84 Mn | 541.84 Mn | - | - |
| 8 | Weyco | 423.26 Mn | 327.79 Mn | 43.78 Mn | 21.40% |
| 9 | Rocky Brands | 330.85 Mn | 328.22 Mn | 60.80 Mn | 11.73% |
| 10 | Fossil | 297.84 Mn | 218.89 Mn | 130.79 Mn | -5.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -2,732.19% |
| Sep 30, 2025 | -1,298.93% |
| Jun 30, 2025 | -101.81% |
| Mar 31, 2025 | -46.48% |
| Dec 31, 2024 | -15.31% |
| Sep 30, 2024 | -13.57% |
| Jun 30, 2024 | -7.93% |
| Mar 31, 2024 | -10.91% |
| Dec 31, 2023 | -4.95% |
| Sep 30, 2023 | -22.36% |
| Jun 30, 2023 | -6.16% |
| Mar 31, 2023 | -8.94% |
| Dec 31, 2022 | -4.41% |
| 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% |