Forward Industries annual operating expenses
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Forward Industries Operating Expenses Growth & History (FWDI)
Forward Industries's operating expenses was $13.6M for fiscal 2025.
View full Forward Industries company overviewForward Industries annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $13.6M | $6.2M | +85.19% |
| 2024 | 2024-09-30 | $7.3M | −$869,993 | −10.60% |
| 2023 | 2023-09-30 | $8.2M | −$6,652 | −0.08% |
| 2022 | 2022-09-30 | $8.2M | −$687,939 | −7.73% |
| 2021 | 2021-09-30 | $8.9M | $278,528 | +3.23% |
| 2020 | 2020-09-30 | $8.6M | −$1.1M | −10.93% |
| 2019 | 2019-09-30 | $9.7M | $3.4M | +53.44% |
| 2018 | 2018-09-30 | $6.3M | $2.7M | +75.54% |
| 2017 | 2017-09-30 | $3.6M | −$870,035 | −19.49% |
| 2016 | 2016-09-30 | $4.5M | −$2.8M | −38.91% |
| 2015 | 2015-09-30 | $7.3M | $652,335 | +9.80% |
| 2014 | 2014-09-30 | $6.7M | $981,865 | +17.31% |
| 2013 | 2013-09-30 | $5.7M | −$1.5M | −20.72% |
| 2012 | 2012-09-30 | $7.2M | −$66,987 | −0.93% |
| 2011 | 2011-09-30 | $7.2M | $1.4M | +24.44% |
| 2010 | 2010-09-30 | $5.8M | — | — |
Forward Industries quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $77.0M | $75.0M | +3869.82% |
| Q2 2026 | 2026-03-31 | $293.2M | $291.5M | +17743.10% |
| Q1 2026 | 2025-12-31 | $600.5M | $598.5M | +29465.44% |
| Q4 2025 | 2025-09-30 | $8.0M | $6.4M | +399.81% |
| Q3 2025 | 2025-06-30 | $1.9M | $171,942 | +9.73% |
| Q2 2025 | 2025-03-31 | $1.6M | −$307,387 | −15.76% |
| Q1 2025 | 2024-12-31 | $2.0M | $8,244 | +0.41% |
| Q4 2024 | 2024-09-30 | $1.6M | −$457,730 | −22.30% |
| Q3 2024 | 2024-06-30 | $1.8M | −$274,539 | −13.45% |
| Q2 2024 | 2024-03-31 | $2.0M | −$66,545 | −3.30% |
| Q1 2024 | 2023-12-31 | $2.0M | −$71,179 | −3.40% |
| Q4 2023 | 2023-09-30 | $2.1M | $1.1M | +121.18% |
| Q3 2023 | 2023-06-30 | $2.0M | −$262,117 | −11.38% |
| Q2 2023 | 2023-03-31 | $2.0M | −$558,484 | −21.69% |
| Q1 2023 | 2022-12-31 | $2.1M | −$310,568 | −12.92% |
| Q4 2022 | 2022-09-30 | $927,975 | −$1.1M | −53.48% |
| Q3 2022 | 2022-06-30 | $2.3M | $388,859 | +20.31% |
| Q2 2022 | 2022-03-31 | $2.6M | $15,791 | +0.62% |
| Q1 2022 | 2021-12-31 | $2.4M | −$25,825 | −1.06% |
| Q4 2021 | 2021-09-30 | $2.0M | $192,527 | +10.68% |
| Q3 2021 | 2021-06-30 | $1.9M | −$35,016 | −1.80% |
| Q2 2021 | 2021-03-31 | $2.6M | −$560,224 | −17.96% |
| Q1 2021 | 2020-12-31 | $2.4M | $681,241 | +38.95% |
| Q4 2020 | 2020-09-30 | $1.8M | −$1.8M | −49.44% |
| Q3 2020 | 2020-06-30 | $1.9M | $5,373 | +0.28% |
| Q2 2020 | 2020-03-31 | $3.1M | $733,940 | +30.76% |
| Q1 2020 | 2019-12-31 | $1.7M | −$34,430 | −1.93% |
| Q4 2019 | 2019-09-30 | $3.6M | $1.9M | +118.27% |
| Q3 2019 | 2019-06-30 | $1.9M | −$179,848 | −8.47% |
| Q2 2019 | 2019-03-31 | $2.4M | $787,205 | +49.24% |
| Q1 2019 | 2018-12-31 | $1.8M | $832,045 | +87.44% |
| Q4 2018 | 2018-09-30 | $1.6M | $732,574 | +81.36% |
| Q3 2018 | 2018-06-30 | $2.1M | $1.4M | +191.45% |
| Q2 2018 | 2018-03-31 | $1.6M | $645,528 | +67.72% |
| Q1 2018 | 2017-12-31 | $951,523 | −$59,184 | −5.86% |
| Q4 2017 | 2017-09-30 | $900,457 | −$239,549 | −21.01% |
| Q3 2017 | 2017-06-30 | $728,836 | −$264,486 | −26.63% |
| Q2 2017 | 2017-03-31 | $953,173 | −$102,153 | −9.68% |
| Q1 2017 | 2016-12-31 | $1.0M | −$263,847 | −20.70% |
| Q4 2016 | 2016-09-30 | $1.1M | −$126,342 | −9.98% |
| Q3 2016 | 2016-06-30 | $993,322 | $139,700 | +16.37% |
| Q2 2016 | 2016-03-31 | $1.1M | −$977,560 | −48.09% |
| Q1 2016 | 2015-12-31 | $1.3M | −$1.9M | −59.57% |
| Q4 2015 | 2015-09-30 | $1.3M | −$741,932 | −36.94% |
| Q3 2015 | 2015-06-30 | $853,622 | −$780,830 | −47.77% |
| Q2 2015 | 2015-03-31 | $2.0M | $495,439 | +32.22% |
| Q1 2015 | 2014-12-31 | $3.2M | $1.7M | +114.01% |
| Q4 2014 | 2014-09-30 | $2.0M | $490,243 | +32.29% |
| Q3 2014 | 2014-06-30 | $1.6M | $313,891 | +23.77% |
| Q2 2014 | 2014-03-31 | $1.5M | $255,927 | +19.97% |
| Q1 2014 | 2013-12-31 | $1.5M | −$78,196 | −5.04% |
| Q4 2013 | 2013-09-30 | $1.5M | −$890,045 | −36.96% |
| Q3 2013 | 2013-06-30 | $1.3M | −$50,011 | −3.65% |
| Q2 2013 | 2013-03-31 | $1.3M | −$381,015 | −22.92% |
| Q1 2013 | 2012-12-31 | $1.6M | −$161,341 | −9.42% |
| Q4 2012 | 2012-09-30 | $2.4M | $242,501 | +11.20% |
| Q3 2012 | 2012-06-30 | $1.4M | −$566,595 | −29.25% |
| Q2 2012 | 2012-03-31 | $1.7M | −$102,341 | −5.80% |
| Q1 2012 | 2011-12-31 | $1.7M | $359,448 | +26.56% |
| Q4 2011 | 2011-09-30 | $2.2M | — | — |
| Q3 2011 | 2011-06-30 | $1.9M | $690,255 | +55.36% |
| Q2 2011 | 2011-03-31 | $1.8M | — | — |
| Q1 2011 | 2010-12-31 | $1.4M | — | — |
| Q3 2010 | 2010-06-30 | $1.2M | — | — |
Forward Industries operating expenses trends
Over the last five fiscal years, Forward Industries's operating expenses increased from $8.6M to $13.6M, a change of $5.0M. The latest reported quarter, Q3 2026, shows $77.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Forward Industries source filings ↗