Forward Industries (FWDI) Revenue (2010 - 2025)
Forward Industries' (FWDI) annual Revenue came in at $18.2 million in FY2025, down 9.02% year-over-year from $20.0 million in FY2024.
Forward Industries (FWDI) Revenue (2010 - 2025) Analysis & Trends
Forward Industries has disclosed Revenue across 13 years of filings, most recently posting $18.2 million for FY2025.
- 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 $18.2 million for FY2025 at Forward Industries, down from $20.0 million in the prior year.
- In the past five years, Revenue ranged from a high of $39.0 million in FY2021 to a low of $18.2 million in FY2025.
- The 5-year median for Revenue is $36.1 million (2023), against an average of $30.3 million.
- Across the five-year window, Revenue increased 13.18% in 2021 and tumbled 44.57% in 2024, its largest moves.
- Forward Industries' Revenue stood at $39.0 million in 2021, then dropped by 2.09% to $38.2 million in 2022, then decreased by 5.61% to $36.1 million in 2023, then plunged by 44.57% to $20.0 million in 2024, then retreated by 9.02% to $18.2 million in 2025.
- The last three Revenue figures came in at $18.2 million (FY2025), $20.0 million (FY2024), and $36.1 million (FY2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Yr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 98.76 Bn | 98.52 Bn | 390.51 Mn | - |
| 2 | Nike | 63.56 Bn | 55.51 Bn | 4.53 Bn | - |
| 3 | Deckers Outdoor | 15.58 Bn | 13.49 Bn | 1.17 Bn | - |
| 4 | Crocs | 6.00 Bn | 5.87 Bn | 522.95 Mn | - |
| 5 | Steven Madden | 3.13 Bn | 3.09 Bn | 357.42 Mn | - |
| 6 | Wolverine World Wide | 1.84 Bn | 1.64 Bn | 243.40 Mn | 1.87 Bn |
| 7 | On Holding AG | 1.61 Bn | 220.32 Mn | 682.30 Mn | - |
| 8 | Designer Brands | 414.71 Mn | 363.84 Mn | 302.71 Mn | 2.89 Bn |
| 9 | Forward Industries | 365.68 Mn | 340.29 Mn | 16.85 Mn | - |
| 10 | Weyco | 332.28 Mn | 234.85 Mn | 33.84 Mn | 276.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 18.19 Mn |
| Sep 30, 2024 | 19.99 Mn |
| Sep 30, 2023 | 36.06 Mn |
| Sep 30, 2022 | 38.21 Mn |
| Sep 30, 2021 | 39.02 Mn |
| Sep 30, 2020 | 34.48 Mn |
| Sep 30, 2019 | 37.41 Mn |
| Sep 30, 2018 | 34.50 Mn |
| Sep 30, 2014 | 33.36 Mn |
| Sep 30, 2013 | 30.91 Mn |
| Sep 30, 2012 | 29.40 Mn |
| Sep 30, 2011 | 22.76 Mn |
| Sep 30, 2010 | 19.00 Mn |