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NASDAQ · Finance

Forward Industries, Inc. (FWDI)

Forward Industries, Inc. brought in $51.1M of revenue over the twelve months to June 30, 2026, up 134.0% from a year earlier. It posted a net loss of $1.1B. In fiscal 2025 capital spending exceeded operating cash flow by $4.5M. At June 30, 2026 it held $11M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 12, 2026.

Revenue (last 12 months)
$51.1M
+134.0% year on year
Net margin
-2,154.6%

What Forward Industries, Inc. does

Forward Industries, Inc. is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker FWDI.

Revenue and profit by year

Revenue
FY18: $34.5M $34.5M FY18FY19: $37.4M $37.4M FY19FY20: $34.5M $34.5M FY20FY21: $39M $39M FY21FY22: $38.2M $38.2M FY22FY23: $36.7M $36.7M FY23FY24: $29.6M $29.6M FY24FY25: $18.2M $18.2M FY25
Net income
FY18: $1.4M $1.4M FY18FY19: -$3.6M -$3.6M FY19FY20: -$1.8M -$1.8M FY20FY21: $523.8K $523.8K FY21FY22: -$1.4M -$1.4M FY22FY23: -$3.7M -$3.7M FY23FY24: -$2M -$2M FY24FY25: -$167M -$167M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$18.2M-$8.4M-$167M-$24.59-$4.5M
2024$29.6M-$2.2M-$2M-$1.77$454.6K
2023$36.7M$159.7K-$3.7M-$3.39$904.9K
2022$38.2M$588.5K-$1.4M-$1.28$1.4M
2021$39M-$765K$523.8K$0.46-$595.5K
2020$34.5M-$2M-$1.8M-$1.74-$331.4K

Latest SEC filings

What Forward Industries, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 24, 2026
  2. September 24, 2026
  3. September 15, 2026
  4. August 14, 2026
  5. August 12, 2026
  6. August 12, 2026
    Quarterly report 10-Q · period to June 30, 2026
  7. July 20, 2026
  8. June 16, 2026
  9. June 16, 2026
  10. June 10, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 17, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about FWDI

What does Forward Industries, Inc. do?

Forward Industries, Inc. is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker FWDI.

Is Forward Industries, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $1.1B on revenue of $51.1M.

How much revenue does Forward Industries, Inc. make?

Over the twelve months to June 30, 2026 Forward Industries, Inc. reported revenue of $51.1M. That is 134.0% more than a year earlier.

When did Forward Industries, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 12, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the material agreement from September 24, 2026.

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Where the numbers come from

Financial figures are the values Forward Industries, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.