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Company research / FWDI

Forward Industries, Inc. (FWDI)

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CIK 0000038264 · Nasdaq · Finance Services

  • Sector Finance & Real Estate
  • Incorporated TX
  • Fiscal year ends Sep 30

For the year ended 2025-09-30, Forward Industries, Inc. reported revenue of $18.19M. Revenue fell 9.0% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $53.12M.

Key ratios (year ended 2025-09-30)

28.5%
Gross margin
-46.1%
Operating margin
-918.1%
Net margin
-11.4%
Return on year-end equity
-9.0%
Revenue growth (YoY)

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Latest selected filing: Form 8-K (current report) · 2026-10-01

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30		2025-09-302024-09-302023-09-302022-09-302021-09-302020-09-302019-09-302019-06-302019-03-312018-12-31
Revenue$53.12M$18.19M$19.99M$36.69M$38.21M$39.02M$34.48M$37.41Mn/an/an/a
Cost of Revenue$15.64M$13.00M$14.81M$28.32M$29.41M$30.89M$27.84M$30.83Mn/an/an/a
Gross Profit$37.48M$5.19M$5.18M$8.36M$8.80M$8.13M$6.64M$6.58Mn/an/an/a
Operating Income-$941.11M-$8.39M-$2.15M$159.7K$588.5K-$765.0K-$1.98M-$3.10Mn/an/an/a
Depreciation & Amortization$152.4K$332.2K$331.9K$315.9K$309.2K$327.3K$272.0K$311.6Kn/an/an/a
EBITDA-$940.95M-$8.06M-$1.82M$475.6K$897.7K-$437.7K-$1.71M-$2.79Mn/an/an/a
Net Income-$1.10B-$166.97M-$1.95M-$3.74M-$1.38M$523.8K-$1.78M-$3.60Mn/an/an/a
EPS (Diluted)n/a-$24.59-$1.77-$3.39-$0.14$0.05-$0.19-$0.38n/an/an/a
Total Assets$602.53M$1.47B$14.77M$17.39M$20.94M$19.86M$19.36M$16.09Mn/an/an/a
Total Liabilities$128.32M$4.82M$11.80M$14.77M$14.67M$12.41M$12.77M$8.38Mn/an/an/a
Long-Term Debtn/an/an/an/an/an/a$1.51M$54.0Kn/an/an/a
Shareholders' Equity$474.21M$1.47B$2.97M$2.62M$6.27M$7.44M$6.58M$7.71M$9.52M$9.59M$10.58M
Operating Cash Flow-$18.38M-$4.50M$519.8K$1.04M$1.53M-$528.3K-$262.9K-$1.97Mn/an/an/a
Capital Expenditures$3.4K$25.8K$65.2K$136.1K$169.6K$67.2K$68.5K$33.1Kn/an/an/a
Free Cash Flow-$18.38M-$4.53M$454.6K$904.9K$1.37M-$595.5K-$331.4K-$2.00Mn/an/an/a
Shares Outstanding73.85M86.15M1.10M1.10M10.06M10.06M9.88M9.53Mn/an/an/a
Weighted Average Diluted Sharesn/a6.79M1.10M1.10M10.20M10.44M9.58M9.53Mn/an/an/a
EPS (Basic)n/a-$24.59-$1.77-$3.39-$0.14$0.05-$0.19-$0.38n/an/an/a

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