Forward Industries (FWDI) Other Working Capital Changes (2011 - 2025)

Forward Industries (FWDI) posted Other Working Capital Changes of $1.8 million for Q4 2025, up 6517.05% sequentially from -$27988.0 in Q3 2025, and up 1586.36% YoY from $106501.5 in Q4 2024.

Forward Industries (FWDI) Other Working Capital Changes (2011 - 2025) Analysis & Trends

Forward Industries has reported Other Working Capital Changes for 13 years, with the latest figure at $1.8 million in Q4 2025.

  • Quarterly Other Working Capital Changes rose 1586.36% year-over-year to $1.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.9 million (up 5901.51% YoY) and the FY2025 annual result came in at -$27284.0, down 126.74% from the prior year.
  • Other Working Capital Changes advanced to $1.8 million in Q4 2025 per FWDI's latest filing, from -$27988.0 in the prior quarter.
  • Over five years, Other Working Capital Changes peaked at $1.8 million in Q4 2025 and troughed at -$333018.0 in Q2 2022.
  • A 5-year average of $119415.1 and a median of $49901.0 in 2024 frame the typical range for Other Working Capital Changes.
  • The sharpest annual moves came in 2024 and 2025: Other Working Capital Changes sank 977.5% in 2024, then soared 1586.36% in 2025.
  • Over 5 years, Other Working Capital Changes stood at $186046.0 in 2021, then slumped by 156.06% to -$104290.0 in 2022, then surged by 113.2% to $13770.0 in 2023, then tumbled by 977.5% to -$120832.0 in 2024, then surged by 1586.36% to $1.8 million in 2025.
  • According to Business Quant data, Other Working Capital Changes over the past three periods registered $1.8 million, -$27988.0, and $68475.0 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
Dec 31, 2025 1.80 Mn
Dec 31, 2025 1.80 Mn
Dec 31, 2025 1.80 Mn
Sep 30, 2025 -27,988.00
Sep 30, 2025 -27,988.00
Sep 30, 2025 -27,988.00
Jun 30, 2025 68,475.00
Jun 30, 2025 68,475.00
Jun 30, 2025 68,475.00
Mar 31, 2025 53,061.00
Mar 31, 2025 53,061.00
Mar 31, 2025 53,061.00
Dec 31, 2024 -120,832.00
Dec 31, 2024 -120,832.00
Dec 31, 2024 -120,832.00
Sep 30, 2024 17,326.00
Sep 30, 2024 17,326.00
Sep 30, 2024 17,326.00
Jun 30, 2024 21,035.00
Jun 30, 2024 21,035.00