Forward Industries (FWDI) Revenue (2010 - 2025)
Forward Industries (FWDI) posted Revenue of $21.4 million for Q4 2025, up 169.78% sequentially from $7.9 million in Q3 2025, and up 363.52% YoY from $4.6 million in Q4 2024.
Forward Industries (FWDI) Revenue (2010 - 2025) Analysis & Trends
Forward Industries has reported Revenue for 13 years, with the latest figure at $21.4 million in Q4 2025.
- Quarterly Revenue rose 363.52% year-over-year to $21.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $35.0 million (up 79.72% YoY) and the FY2025 annual result came in at $18.2 million, down 9.02% from the prior year.
- Revenue rose to $21.4 million in Q4 2025 per FWDI's latest filing, from $7.9 million in the prior quarter.
- Over five years, Revenue peaked at $21.4 million in Q4 2025 and troughed at $2.5 million in Q2 2025.
- A 5-year average of $8.3 million and a median of $8.4 million in 2021 frame the typical range for Revenue.
- The widest YoY moves for Revenue: up 363.52% in 2025, down 50.46% in 2025.
- Over 5 years, Revenue stood at $11.6 million in 2021, then dropped by 16.02% to $9.8 million in 2022, then declined by 26.67% to $7.2 million in 2023, then sank by 35.34% to $4.6 million in 2024, then soared by 363.52% to $21.4 million in 2025.
- According to Business Quant data, Revenue over the past three periods registered $21.4 million, $7.9 million, and $2.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.40 Bn | 51.38 Bn | 5.39 Bn | 10.97 Bn |
| 2 | Deckers Outdoor | 13.25 Bn | 11.34 Bn | - | - |
| 3 | Birkenstock Holding | 7.23 Bn | 6.43 Bn | 493.89 Mn | 836.35 Mn |
| 4 | Crocs | 6.34 Bn | 6.17 Bn | 700.71 Mn | 1.18 Bn |
| 5 | Steven Madden | 3.45 Bn | 3.39 Bn | 309.66 Mn | 665.87 Mn |
| 6 | Wolverine World Wide | 1.71 Bn | 1.57 Bn | 235.30 Mn | 506.40 Mn |
| 7 | Weyco | 432.28 Mn | 336.81 Mn | 43.78 Mn | 62.22 Mn |
| 8 | Rocky Brands | 355.90 Mn | 353.27 Mn | 60.80 Mn | 118.37 Mn |
| 9 | Fossil | 329.23 Mn | 234.38 Mn | 130.79 Mn | 209.69 Mn |
| 10 | Forward Industries | 314.59 Mn | 314.59 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 21.44 Mn |
| Sep 30, 2025 | 7.95 Mn |
| Jun 30, 2025 | 2.49 Mn |
| Mar 31, 2025 | 3.12 Mn |
| Dec 31, 2024 | 4.62 Mn |
| Sep 30, 2024 | 4.74 Mn |
| Jun 30, 2024 | 5.04 Mn |
| Mar 31, 2024 | 5.07 Mn |
| Dec 31, 2023 | 7.15 Mn |
| Sep 30, 2023 | 8.37 Mn |
| Jun 30, 2023 | 8.71 Mn |
| Mar 31, 2023 | 9.74 Mn |
| Dec 31, 2022 | 9.75 Mn |
| Sep 30, 2022 | 5.69 Mn |
| Jun 30, 2022 | 10.59 Mn |
| Mar 31, 2022 | 10.31 Mn |
| Dec 31, 2021 | 11.61 Mn |
| Sep 30, 2021 | 10.94 Mn |
| Jun 30, 2021 | 9.96 Mn |
| Mar 31, 2021 | 8.40 Mn |