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Forward Industries, Inc. (FWDI) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Consumer Cyclical · Footwear & Accessories · DATA UPDATED 2026-07-09

Forward Industries, Inc. (FWDI) operates in the Footwear & Accessories industry and is headquartered in Austin, United States with about 60 employees. Its market capitalization is roughly $303 million. In the fiscal year ended 2025-09-30, FWDI reported $18M in revenue and ($167M) in net income.

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.

Interactive charts & full statements → Open the FWDI valuation workbench →

FWDI Revenue & Earnings History — Annual Income Statement

Income statement2025-09-302024-09-302023-09-302022-09-302021-09-30
Total Revenue$18M$20M$37M$38M
Gross Profit$5M$5M$8M$9M
Operating Income (EBIT)($6M)($2M)$0M$1M
Net Income($167M)($2M)($4M)($1M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FWDI Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$13M$21M$8M$2M$3M
Gross Profit$9M$17M$5M($1M)($0M)
Operating Income (EBIT)$2M$10M($1M)($3M)($2M)
Net Income($283M)($586M)($164M)($1M)($2M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FWDI Free Cash Flow History

FWDI Balance Sheet History

Balance sheet2025-09-302024-09-302023-09-302022-09-302021-09-30
Total Assets$1.5B$15M$17M$21M
Total Liabilities$5M$12M$15M$15M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive FWDI viewer.

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