Forward Industries (FWDI) Retained Earnings (2010 - 2025)
Forward Industries' (FWDI) quarterly Retained Earnings came in at -$772.3 million in Q4 2025, down 3695.8% year-on-year from $21.5 million in Q4 2024, and down 313.83% quarter-over-quarter from -$186.6 million in Q3 2025.
Forward Industries (FWDI) Retained Earnings (2010 - 2025) Analysis & Trends
Forward Industries has disclosed Retained Earnings across 13 years of filings, most recently posting -$772.3 million for Q4 2025.
- Retained Earnings for Q4 2025 came in at -$772.3 million, down 3695.8% year-over-year; the trailing twelve-month figure through Dec 2025 was -$772.3 million (down 3695.8% YoY), and the FY2025 annual result was -$186.6 million, down 850.3% from the prior year.
- Retained Earnings came in at -$772.3 million for Q4 2025 at Forward Industries, down from -$186.6 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of -$12.4 million in Q4 2021 to a low of -$772.3 million in Q4 2025.
- The 5-year median for Retained Earnings is -$16.7 million (2023), against an average of -$62.6 million.
- Across the five-year window, Retained Earnings advanced 4.0% in 2021 and slumped 3695.8% in 2025, its largest moves.
- Forward Industries' Retained Earnings stood at -$12.4 million in 2021, then slipped by 16.05% to -$14.4 million in 2022, then decreased by 25.46% to -$18.0 million in 2023, then slipped by 12.77% to -$20.3 million in 2024, then plunged by 3695.8% to -$772.3 million in 2025.
- The last three Retained Earnings figures came in at -$772.3 million (Q4 2025), -$186.6 million (Q3 2025), and -$22.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 98.76 Bn | 98.52 Bn | 390.51 Mn | 1.05 Bn |
| 2 | Nike | 63.56 Bn | 55.51 Bn | 4.53 Bn | -610.00 Mn |
| 3 | Deckers Outdoor | 15.58 Bn | 13.49 Bn | 1.17 Bn | -46.07 Mn |
| 4 | Crocs | 6.00 Bn | 5.87 Bn | 522.95 Mn | -55.44 Mn |
| 5 | Steven Madden | 3.13 Bn | 3.09 Bn | 357.42 Mn | -39.15 Mn |
| 6 | Wolverine World Wide | 1.84 Bn | 1.64 Bn | 243.40 Mn | -126.40 Mn |
| 7 | On Holding AG | 1.61 Bn | 220.32 Mn | 682.30 Mn | -35.37 Mn |
| 8 | Designer Brands | 414.71 Mn | 363.84 Mn | 302.71 Mn | 59.87 Mn |
| 9 | Forward Industries | 365.68 Mn | 340.29 Mn | 16.85 Mn | -772.26 Mn |
| 10 | Weyco | 332.28 Mn | 234.85 Mn | 33.84 Mn | -13.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -772.26 Mn |
| Sep 30, 2025 | -186.61 Mn |
| Jun 30, 2025 | -22.65 Mn |
| Mar 31, 2025 | -21.80 Mn |
| Dec 31, 2024 | -20.35 Mn |
| Sep 30, 2024 | -19.64 Mn |
| Jun 30, 2024 | -18.99 Mn |
| Mar 31, 2024 | -18.59 Mn |
| Dec 31, 2023 | -18.04 Mn |
| Sep 30, 2023 | -17.69 Mn |
| Jun 30, 2023 | -15.79 Mn |
| Mar 31, 2023 | -15.25 Mn |
| Dec 31, 2022 | -14.38 Mn |
| Sep 30, 2022 | -13.95 Mn |
| Jun 30, 2022 | -13.17 Mn |
| Mar 31, 2022 | -12.75 Mn |
| Dec 31, 2021 | -12.39 Mn |
| Sep 30, 2021 | -12.57 Mn |
| Jun 30, 2021 | -12.49 Mn |
| Mar 31, 2021 | -12.73 Mn |