Company / Income Tax
Forward Industries, Inc. Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$20.4K
FY2025
5-year range
$0 / $22.9K
FY2021-FY2025
Trend
-11.1%
vs FY2024
Sector context
#364 of 388
Financials
What the data says
Among 388 Financials companies, Forward Industries, Inc. is in the top 6% for income tax. Income Tax has fluctuated over the past 10 years, ranging from -$747,000 in FY2018 to $22,947 in FY2024.
Based on SEC 10-K filings.
$20,404 in FY2025 with a 5-year CAGR of +17.4%.
Remained stable around $20,404 over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +99.9%
- 5-Year CAGR
- +17.4%
- 10-Year CAGR
- -
Sector benchmark
Top 6% in FinancialsTop 6% of 388This company $20.4K Sector average $325.2M
▼
-100.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +17.4%, indicating consistent growth.
- In FY2025, income tax decreased 11.1% year-over-year.
- Ranks #364 out of 388 companies in the Financials sector.
- Peak income tax was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 128.18 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $20.4K | -11.1% |
| FY2024 | $22.9K | +14.7% |
| FY2023 | $20.0K | +683.3% |
| FY2022 | $2.6K | - |
| FY2021 | $0 | -100.0% |
| FY2020 | $9.2K | +320.3% |
| FY2019 | -$4.2K | +99.4% |
| FY2018 | -$747.0K | - |
| FY2017 | $0 | - |
| FY2016 | $0 | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026