Forward Industries (FWDI) Research & Development (2010 - 2025)
Forward Industries (FWDI) posted Research & Development of $535363.0 for Q4 2025, down 7.97% sequentially from $581742.0 in Q3 2025, and up 234.46% YoY from $160069.0 in Q4 2024.
Forward Industries (FWDI) Research & Development (2010 - 2025) Analysis & Trends
Forward Industries has reported Research & Development for 13 years, with the latest figure at $535363.0 in Q4 2025.
- Quarterly Research & Development rose 234.46% year-over-year to $535363.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.4 million (up 94.89% YoY) and the FY2025 annual result came in at $1.0 million, up 33.79% from the prior year.
- Research & Development declined to $535363.0 in Q4 2025 per FWDI's latest filing, from $581742.0 in the prior quarter.
- Over five years, Research & Development peaked at $737677.0 in Q4 2021 and troughed at -$628327.0 in Q3 2022.
- A 5-year average of $376820.5 and a median of $407650.5 in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development sank 189.58% in 2022, then soared 249.65% in 2025.
- Over 5 years, Research & Development stood at $737677.0 in 2021, then plunged by 44.26% to $411174.0 in 2022, then decreased by 10.32% to $368736.0 in 2023, then tumbled by 56.59% to $160069.0 in 2024, then soared by 234.46% to $535363.0 in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $535363.0, $581742.0, and $139683.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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| Date | Value |
|---|---|
| Dec 31, 2025 | 535,363.00 |
| Sep 30, 2025 | 581,742.00 |
| Jun 30, 2025 | 139,683.00 |
| Mar 31, 2025 | 147,855.00 |
| Dec 31, 2024 | 160,069.00 |
| Sep 30, 2024 | 166,376.00 |
| Jun 30, 2024 | 188,138.00 |
| Mar 31, 2024 | 206,164.00 |
| Dec 31, 2023 | 368,736.00 |
| Sep 30, 2023 | 404,127.00 |
| Jun 30, 2023 | 398,110.00 |
| Mar 31, 2023 | 450,380.00 |
| Dec 31, 2022 | 411,174.00 |
| Sep 30, 2022 | -628,327.00 |
| Jun 30, 2022 | 664,484.00 |
| Mar 31, 2022 | 704,102.00 |
| Dec 31, 2021 | 737,677.00 |
| Sep 30, 2021 | 701,384.00 |
| Jun 30, 2021 | 620,737.00 |
| Mar 31, 2021 | 578,436.00 |