Forward Industries annual operating margin
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2025
Forward Industries Operating Margin Growth & History (FWDI)
Forward Industries's operating margin was −46.14% for fiscal 2025.
View full Forward Industries company overviewForward Industries annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | −46.14% | −38.88 pp |
| 2024 | 2024-09-30 | −7.26% | −7.71 pp |
| 2023 | 2023-09-30 | 0.44% | −1.10 pp |
| 2022 | 2022-09-30 | 1.54% | +3.50 pp |
| 2021 | 2021-09-30 | −1.96% | +3.79 pp |
| 2020 | 2020-09-30 | −5.75% | +2.53 pp |
| 2019 | 2019-09-30 | −8.28% | −9.04 pp |
| 2018 | 2018-09-30 | 0.76% | −1.66 pp |
| 2017 | 2017-09-30 | 2.42% | +0.17 pp |
| 2016 | 2016-09-30 | 2.25% | +7.28 pp |
| 2015 | 2015-09-30 | −5.04% | −4.74 pp |
| 2014 | 2014-09-30 | −0.30% | −2.58 pp |
| 2013 | 2013-09-30 | 2.28% | +11102.48 pp |
| 2012 | 2012-09-30 | −11,100.20% | −1699.16 pp |
| 2011 | 2011-09-30 | −9,401.03% | −9392.76 pp |
| 2010 | 2010-09-30 | −8.27% | — |
Forward Industries quarterly operating margin
Q3.10
Q1.11
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Q1.23
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Q1.24
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Q3.24
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Q1.25
Q2.25
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Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | −651.82% | −549.21 pp |
| Q2 2026 | 2026-03-31 | −2,191.86% | −2133.53 pp |
| Q1 2026 | 2025-12-31 | −2,722.80% | −2709.23 pp |
| Q4 2025 | 2025-09-30 | −52.28% | −45.19 pp |
| Q3 2025 | 2025-06-30 | −102.61% | −96.70 pp |
| Q2 2025 | 2025-03-31 | −58.33% | −46.09 pp |
| Q1 2025 | 2024-12-31 | −13.57% | −8.17 pp |
| Q4 2024 | 2024-09-30 | −7.09% | −9.98 pp |
| Q3 2024 | 2024-06-30 | −5.91% | −7.64 pp |
| Q2 2024 | 2024-03-31 | −12.24% | −11.30 pp |
| Q1 2024 | 2023-12-31 | −5.41% | −4.10 pp |
| Q4 2023 | 2023-09-30 | 2.89% | −16.14 pp |
| Q3 2023 | 2023-06-30 | 1.73% | +5.37 pp |
| Q2 2023 | 2023-03-31 | −0.94% | +2.19 pp |
| Q1 2023 | 2022-12-31 | −1.31% | −3.16 pp |
| Q4 2022 | 2022-09-30 | 19.03% | +19.48 pp |
| Q3 2022 | 2022-06-30 | −3.64% | −6.34 pp |
| Q2 2022 | 2022-03-31 | −3.13% | +6.59 pp |
| Q1 2022 | 2021-12-31 | 1.84% | +3.57 pp |
| Q4 2021 | 2021-09-30 | −0.45% | +0.84 pp |
| Q3 2021 | 2021-06-30 | 2.69% | +4.52 pp |
| Q2 2021 | 2021-03-31 | −9.72% | +11.29 pp |
| Q1 2021 | 2020-12-31 | −1.72% | −1.38 pp |
| Q4 2020 | 2020-09-30 | −1.30% | +15.02 pp |
| Q3 2020 | 2020-06-30 | −1.83% | −1.33 pp |
| Q2 2020 | 2020-03-31 | −21.01% | −7.86 pp |
| Q1 2020 | 2019-12-31 | −0.35% | +4.37 pp |
| Q4 2019 | 2019-09-30 | −16.32% | −18.27 pp |
| Q3 2019 | 2019-06-30 | −0.50% | +1.70 pp |
| Q2 2019 | 2019-03-31 | −13.15% | −15.73 pp |
| Q1 2019 | 2018-12-31 | −4.72% | −5.52 pp |
| Q4 2018 | 2018-09-30 | 1.96% | −0.24 pp |
| Q3 2018 | 2018-06-30 | −2.21% | −9.69 pp |
| Q2 2018 | 2018-03-31 | 2.57% | +7.81 pp |
| Q1 2018 | 2017-12-31 | 0.81% | −1.44 pp |
| Q4 2017 | 2017-09-30 | 2.19% | +0.10 pp |
| Q3 2017 | 2017-06-30 | 7.49% | +6.21 pp |
| Q2 2017 | 2017-03-31 | −5.23% | −7.30 pp |
| Q1 2017 | 2016-12-31 | 2.25% | −1.22 pp |
| Q4 2016 | 2016-09-30 | 2.09% | −1.40 pp |
| Q3 2016 | 2016-06-30 | 1.27% | −5.56 pp |
| Q2 2016 | 2016-03-31 | 2.07% | +11.46 pp |
| Q1 2016 | 2015-12-31 | 3.47% | +23.49 pp |
| Q4 2015 | 2015-09-30 | 3.49% | +7.50 pp |
| Q3 2015 | 2015-06-30 | 6.83% | +6.48 pp |
| Q2 2015 | 2015-03-31 | −9.40% | −7.40 pp |
| Q1 2015 | 2014-12-31 | −20.02% | −24.44 pp |
| Q4 2014 | 2014-09-30 | −4.01% | −5.04 pp |
| Q3 2014 | 2014-06-30 | 0.35% | −5.16 pp |
| Q2 2014 | 2014-03-31 | −2.00% | −4.65 pp |
| Q1 2014 | 2013-12-31 | 4.42% | +5.16 pp |
| Q4 2013 | 2013-09-30 | 1.03% | — |
| Q3 2013 | 2013-06-30 | 5.51% | +13.51 pp |
| Q2 2013 | 2013-03-31 | 2.65% | +11.83 pp |
| Q1 2013 | 2012-12-31 | −0.74% | +7.39 pp |
| Q3 2012 | 2012-06-30 | −8.00% | +0.03 pp |
| Q2 2012 | 2012-03-31 | −9.18% | +2.98 pp |
| Q1 2012 | 2011-12-31 | −8.14% | −8.53 pp |
| Q3 2011 | 2011-06-30 | −8.03% | −8.52 pp |
| Q2 2011 | 2011-03-31 | −12.16% | — |
| Q1 2011 | 2010-12-31 | 0.39% | — |
| Q3 2010 | 2010-06-30 | 0.48% | — |
Forward Industries operating margin trends
Over the last five fiscal years, Forward Industries's operating margin decreased from −5.75% to −46.14%, a change of −40.39 percentage points. The latest reported quarter, Q3 2026, shows −651.82%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Forward Industries source filings ↗