Forward Industries, Inc. (FWDI) Earnings History
Annual and quarterly earnings data from 1995 to 2025
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FWDI EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
FWDI Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 28.5% | -929.7% | -918.2% |
| 2024 | 20.6% | -6.4% | -6.5% |
| 2023 | 22.8% | 0.4% | -10.2% |
| 2022 | 19.8% | -2.9% | -3.3% |
| 2021 | 20.8% | -2.0% | 1.3% |
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Forward Industries, Inc. (FWDI) Earnings Overview
As of May 8, 2026, Forward Industries, Inc. (FWDI) reported trailing twelve-month net income of -$752M, reflecting -1289.3% year-over-year growth. The company earned $-7.59 per diluted share over the past four quarters, with a net profit margin of -918.2%.
Looking at the long-term picture, FWDI's historical earnings data spans multiple years. The company achieved its highest annual net income of $9M in fiscal 2005.
Forward Industries, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including KOSS (-$871,116 net income, -6.9% margin), LIQT (-$9M net income, -51.7% margin), CLFD (-$9M net income, -5.4% margin), FWDI has room to improve margins relative to the peer group. Compare FWDI vs KOSS →
FWDI Earnings vs Peers
Earnings metrics vs comparable public companies
FWDI Historical Earnings Data (1995–2025)
31 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$167M | -8461.7% | -$169M | $-24.59 | -918.2% | -929.7% |
| 2024 | -$2M | +47.8% | -$2M | $-1.77 | -6.5% | -6.4% |
| 2023 | -$4M | -171.1% | $159,658 | $-3.70 | -10.2% | 0.4% |
| 2022 | -$1M | -363.1% | -$1M | $-1.40 | -3.3% | -2.9% |
| 2021 | $523,805 | +129.5% | $-765,000 | $0.50 | 1.3% | -2.0% |
| 2020 | -$2M | +50.7% | $-967,383 | $-1.90 | -5.1% | -2.8% |
| 2019 | -$4M | -361.3% | -$3M | $-3.80 | -9.6% | -8.3% |
| 2018 | $1M | +138.1% | $260,652 | $1.50 | 4.0% | 0.8% |
| 2017 | $579,346 | -4.5% | $598,470 | $0.70 | 2.3% | 2.4% |
| 2016 | $606,562 | +142.3% | $616,954 | $0.70 | 2.2% | 2.2% |
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Start ComparisonFWDI — Frequently Asked Questions
Quick answers to the most common questions about buying FWDI stock.
Is FWDI growing earnings?
FWDI EPS fell to $-7.59, with earnings declining -1289.3%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-752M.
What are FWDI's profit margins?
Forward Industries, Inc. net margin is -918.2%, with operating margin at -929.7%. Below-average margins reflect competitive or cost pressures.
How consistent are FWDI's earnings?
FWDI earnings data spans 1995-2025. The declining earnings trend is -1289.3% YoY. Historical data enables comparison across business cycles.