Forward Industries (FWDI) Income After Tax (2009 - 2026)
Forward Industries (FWDI) posted Profit After Tax of -$585.65 million for fiscal Q1 2026 (quarter ended Dec 31, 2025), compared with -$897,775 a year earlier.
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Analysis
Forward Industries (FWDI) Income After Tax (2009 - 2026) Analysis & Trends
For the trailing twelve months through Dec 31, 2025, Profit After Tax at Forward Industries was -$753.84 million; for FY2025 (ended Sep 30, 2025), it came in at -$169.09 million.
- In prior fiscal years, Forward Industries' Profit After Tax was -$2.17 million in FY2024, $158,658 in FY2023 (-64.7%), $449,893 in FY2022 (-14.1%) and $523,805 in FY2021.
- The fiscal Q1 2026 figure stands as the lowest quarterly Profit After Tax in data going back to fiscal Q3 2010.
- According to Business Quant data, Profit After Tax for the three prior fiscal quarters was -$163.96 million (Q4 2025), -$2.4 million (Q3 2025) and -$1.82 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn | 819.00 Mn |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 626.00 Mn |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 309.80 Mn |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 416.24 Mn |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | 336.31 Mn |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 318.53 Mn |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 130.31 Mn |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 282.17 Mn |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 68.72 Mn |
| 10 | Forward Industries | 386.96 Mn | 293.49 Mn | 6.70 Mn | -68.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -68.96 Mn |
| Mar 31, 2026 | -283.08 Mn |
| Dec 31, 2025 | -585.65 Mn |
| Sep 30, 2025 | -163.96 Mn |
| Jun 30, 2025 | -2.40 Mn |
| Mar 31, 2025 | -1.82 Mn |
| Dec 31, 2024 | -897,775.00 |
| Sep 30, 2024 | -719,094.00 |
| Jun 30, 2024 | -454,699.00 |
| Mar 31, 2024 | -627,030.00 |
| Dec 31, 2023 | -381,175.00 |
| Sep 30, 2023 | 235,005.00 |
| Jun 30, 2023 | 133,677.00 |
| Mar 31, 2023 | -118,711.00 |
| Dec 31, 2022 | -91,314.00 |
| Sep 30, 2022 | 1.05 Mn |
| Jun 30, 2022 | -418,913.00 |
| Mar 31, 2022 | -356,335.00 |
| Dec 31, 2021 | 180,024.00 |
| Sep 30, 2021 | -84,090.00 |
API Access
Forward Industries Income After Tax 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=profit-after-tax&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "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=profit-after-tax&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();