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| 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 | 8.59 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 |