Forward Industries (FWDI) Operating Leases (2019 - 2026)

Forward Industries (FWDI) posted Operating Leases of $2.4 million for Q4 2025, up 15.95% sequentially from $2.1 million in Q3 2025, and little changed YoY from $2.4 million in Q4 2024.

Forward Industries (FWDI) Operating Leases (2019 - 2026) Analysis & Trends

Forward Industries has reported Operating Leases for 7 years, with the latest figure at $2.4 million in Q4 2025.

  • Quarterly Operating Leases changed 0.07% year-over-year to $2.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.4 million (changed 0.07% YoY) and the FY2025 annual result came in at $2.1 million, down 13.81% from the prior year.
  • Operating Leases improved to $2.4 million in Q4 2025 per FWDI's latest filing, from $2.1 million in the prior quarter.
  • Over five years, Operating Leases peaked at $3.9 million in Q1 2022 and troughed at $2.1 million in Q3 2025.
  • A 5-year average of $3.0 million and a median of $3.1 million in 2021 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2024: Operating Leases advanced 21.28% in 2022, then decreased 24.4% in 2024.
  • Over 5 years, Operating Leases stood at $3.7 million in 2021, then retreated by 3.83% to $3.5 million in 2022, then fell by 22.98% to $2.7 million in 2023, then fell by 10.91% to $2.4 million in 2024, then increased by 0.07% to $2.4 million in 2025.
  • According to Business Quant data, Operating Leases over the past three periods registered $2.4 million, $2.1 million, and $2.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nike 60.63 Bn 51.60 Bn 5.39 Bn
2 Deckers Outdoor 13.33 Bn 11.43 Bn -
3 Birkenstock Holding 7.60 Bn 6.80 Bn 493.89 Mn
4 Crocs 6.44 Bn 6.27 Bn 700.71 Mn
5 Steven Madden 3.37 Bn 3.28 Bn 309.66 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
10 Designer Brands 311.24 Mn 261.14 Mn 315.32 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 987,000.00
Dec 31, 2025 2.43 Mn
Sep 30, 2025 2.09 Mn
Jun 30, 2025 2.19 Mn
Mar 31, 2025 2.31 Mn
Dec 31, 2024 2.43 Mn
Sep 30, 2024 2.43 Mn
Jun 30, 2024 2.53 Mn
Mar 31, 2024 3.05 Mn
Dec 31, 2023 2.72 Mn
Sep 30, 2023 2.83 Mn
Jun 30, 2023 3.35 Mn
Mar 31, 2023 3.44 Mn
Dec 31, 2022 3.54 Mn
Sep 30, 2022 3.25 Mn
Jun 30, 2022 3.82 Mn
Mar 31, 2022 3.92 Mn
Dec 31, 2021 3.68 Mn
Sep 30, 2021 3.56 Mn
Jun 30, 2021 3.64 Mn