Company / Gross Profit
Forward Industries, Inc. Gross Profit History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$5.2M
FY2025
5-year range
$5.2M / $8.4M
FY2021-FY2025
Trend
+0.1%
vs FY2024
Sector context
#21 of 22
Financials
What the data says
Among 22 Financials companies, Forward Industries, Inc. is in the bottom 5% for gross profit. Gross Profit has fluctuated over the past 10 years, ranging from $4M in FY2017 to $8M in FY2023.
Based on SEC 10-K filings.
$5M in FY2025 with a 5-year CAGR of -4.8%.
Declined from $8M to $5M over the past 2 years.
Financials sector context is included.
Gross Profit over time
Growth rates
- 3-Year CAGR
- -13.9%
- 5-Year CAGR
- -4.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 5% in FinancialsTop 95% of 22This company $5.2M Sector average $1.5B
▼
-99.6% below sector average
Key checks
Key Insights
- 5-year CAGR of -4.8%, indicating a declining trend.
- In FY2025, gross profit increased 0.1% year-over-year.
- Ranks #21 out of 22 companies in the Financials sector.
- Peak gross profit was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 128.07 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $5.2M | +0.1% |
| FY2024 | $5.2M | -38.0% |
| FY2023 | $8.4M | +2.8% |
| FY2022 | $8.1M | +22.5% |
| FY2021 | $6.6M | +0.0% |
| FY2020 | $6.6M | +0.9% |
| FY2019 | $6.6M | +0.2% |
| FY2018 | $6.6M | +56.7% |
| FY2017 | $4.2M | -27.6% |
| FY2016 | $5.8M | -11.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026