Forward Industries (FWDI) Revenue (2010 - 2025)

Forward Industries' (FWDI) quarterly Revenue came in at $21.4 million in Q4 2025, up 363.52% year-on-year from $4.6 million in Q4 2024, and up 169.78% quarter-over-quarter from $7.9 million in Q3 2025.

Forward Industries (FWDI) Revenue (2010 - 2025) Analysis & Trends

Forward Industries has disclosed Revenue across 13 years of filings, most recently posting $21.4 million for Q4 2025.

  • Revenue for Q4 2025 came in at $21.4 million, up 363.52% year-over-year; the trailing twelve-month figure through Dec 2025 was $35.0 million (up 79.72% YoY), and the FY2025 annual result was $18.2 million, down 9.02% from the prior year.
  • Revenue came in at $21.4 million for Q4 2025 at Forward Industries, up from $7.9 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $21.4 million in Q4 2025 to a low of $2.5 million in Q2 2025.
  • The 5-year median for Revenue is $8.4 million (2021), against an average of $8.3 million.
  • Peak annual rise in Revenue reached 363.52% in 2025, while the deepest fall reached 50.46% in 2025.
  • Forward Industries' Revenue stood at $11.6 million in 2021, then decreased by 16.02% to $9.8 million in 2022, then slipped by 26.67% to $7.2 million in 2023, then sank by 35.34% to $4.6 million in 2024, then jumped by 363.52% to $21.4 million in 2025.
  • The last three Revenue figures came in at $21.4 million (Q4 2025), $7.9 million (Q3 2025), and $2.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Birkenstock Holding 98.76 Bn 98.52 Bn 390.51 Mn 723.91 Mn
2 Nike 63.56 Bn 55.51 Bn 4.53 Bn 11.28 Bn
3 Deckers Outdoor 15.58 Bn 13.49 Bn 1.17 Bn 1.96 Bn
4 Crocs 6.00 Bn 5.87 Bn 522.95 Mn 921.46 Mn
5 Steven Madden 3.13 Bn 3.09 Bn 357.42 Mn 649.66 Mn
6 Wolverine World Wide 1.84 Bn 1.64 Bn 243.40 Mn 517.50 Mn
7 On Holding AG 1.61 Bn 220.32 Mn 682.30 Mn 1.06 Bn
8 Designer Brands 414.71 Mn 363.84 Mn 302.71 Mn 713.59 Mn
9 Forward Industries 365.68 Mn 340.29 Mn 16.85 Mn 21.44 Mn
10 Weyco 332.28 Mn 234.85 Mn 33.84 Mn 76.80 Mn

Historic Data

Download Data
DateValue
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 8.59 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