Forward Industries, Inc. (FWDI)
NCM · Consumer Cyclical · Footwear & Accessories
$4.28
+0.94%
Closing price as of 2026-06-12 · Source: TEK2day Finance
Key Metrics
Market Cap
$319.6M
Shares Outstanding
74.7M
P/S (TTM)
7.1x
Exchange
NCM
Currency
USD
About Forward Industries, Inc.
Forward Industries, Inc. operates as a Solana (SOL) focused digital asset treasury company. The company operates through Digital Assets and Design segments. The Digital Assets segment captures SOL-based yield generated by participating in the Solana network's staking protocol. The Design segment offers hardware and software product design and engineering services to customers located in the United States. The company was incorporated in 1961 and is based in Austin, Texas.
Quarterly Financials
| Metric | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 |
|---|---|---|---|---|
| Revenue | 2.5M | 7.9M | 21.4M | 13.0M |
| Gross Profit | -621K | 4.9M | 16.8M | 9.1M |
| Operating Income | -2.6M | -1.3M | 9.6M | 2.4M |
| Net Income | -850K | -164.0M | -585.7M | -283.1M |
| Diluted EPS | $-0.77 | $nan | $-5.91 | $-2.98 |
Annual Financials
| Metric | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Revenue | 38.2M | 36.7M | 20.0M | 18.2M |
| Gross Profit | 8.8M | 8.4M | 5.2M | 5.2M |
| Operating Income | 588K | 160K | -2.0M | -6.4M |
| Net Income | -1.4M | -3.7M | -2.0M | -167.0M |
| Diluted EPS | $-1.40 | $-3.70 | $-1.77 | $-24.59 |