Forward Industries (FWDI) Non-Current Assets (2010 - 2026)
Forward Industries' Non-Current Assets came in at $830 million for fiscal Q1 2026 (quarter ended Dec 31, 2025), compared with $4.87 million a year earlier and down 42.1% from the prior quarter.
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Analysis
Forward Industries (FWDI) Non-Current Assets (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Forward Industries' Non-Current Assets was $1.43 billion.
- Non-Current Assets carries a five-year compound annual growth rate of 188.8% (FY2020 to FY2025).
- Going back by fiscal year, Non-Current Assets was $5.12 million in FY2024 (-14.9%), $6.02 million in FY2023 (-8.9%), $6.6 million in FY2022 (-6.5%) and $7.06 million in FY2021 (-1.0%).
- The five-year range for quarterly Non-Current Assets is $4.67 million (fiscal Q2 2025) to $1.43 billion (fiscal Q4 2025).
- The fastest year-over-year change in Non-Current Assets over five years came in fiscal Q3 2021 (growth of 19.4%), and the weakest in fiscal Q2 2025 (a decline of 17.8%).
- Business Quant data shows FWDI's Non-Current Assets at $1.43 billion (Q4 2025), $4.73 million (Q3 2025) and $4.67 million (Q2 2025) in the three fiscal quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - | 5.53 Bn |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn | 13.24 Bn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn | 8.23 Bn |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn | 8.95 Bn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn | 3.39 Bn |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn | 2.35 Bn |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn | 2.09 Bn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn | 1.11 Bn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn | 4.14 Bn |
| 10 | Forward Industries | 461.21 Mn | 461.21 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 586.89 Mn |
| Dec 31, 2025 | 830.00 Mn |
| Sep 30, 2025 | 1.43 Bn |
| Jun 30, 2025 | 4.73 Mn |
| Mar 31, 2025 | 4.67 Mn |
| Dec 31, 2024 | 4.87 Mn |
| Sep 30, 2024 | 5.12 Mn |
| Jun 30, 2024 | 5.50 Mn |
| Mar 31, 2024 | 5.68 Mn |
| Dec 31, 2023 | 5.85 Mn |
| Sep 30, 2023 | 6.02 Mn |
| Jun 30, 2023 | 6.18 Mn |
| Mar 31, 2023 | 6.32 Mn |
| Dec 31, 2022 | 6.47 Mn |
| Sep 30, 2022 | 6.60 Mn |
| Jun 30, 2022 | 6.86 Mn |
| Mar 31, 2022 | 7.03 Mn |
| Dec 31, 2021 | 7.15 Mn |
| Sep 30, 2021 | 7.06 Mn |
| Jun 30, 2021 | 7.23 Mn |
API Access
Forward Industries Non-Current Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-assets&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "ticker": "FWDI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-assets&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();