Company / Net Income
Forward Industries, Inc. Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$167.0M
FY2025
5-year range
-$167.0M / $523.8K
FY2021-FY2025
Trend
-8460.2%
vs FY2024
Sector context
#385 of 401
Financials
What the data says
Net Income changed -8460% YoY in FY2025, a notable deviation from the 9-year average annual change of -999%.
Based on SEC 10-K filings.
-$167M in FY2025.
Declined from -$4M to -$167M over the past 2 years.
Financials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 4% in FinancialsTop 96% of 401This company -$167.0M Sector average $1.6B
▼
-110.2% below sector average
Key checks
Key Insights
- In FY2025, net income decreased 8460.2% year-over-year.
- Ranks #385 out of 401 companies in the Financials sector.
- Peak net income was recorded in FY2018.
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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$167.0M | -8460.2% |
| FY2024 | -$2.0M | +47.8% |
| FY2023 | -$3.7M | -171.1% |
| FY2022 | -$1.4M | -363.1% |
| FY2021 | $523.8K | +129.5% |
| FY2020 | -$1.8M | +50.7% |
| FY2019 | -$3.6M | -361.3% |
| FY2018 | $1.4M | +138.1% |
| FY2017 | $579.3K | -4.5% |
| FY2016 | $606.6K | +142.3% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026