FWDINasdaqFinance ServicesFiscal year ends September 30
Forward Industries, Inc.
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026
$6.81−0.10 (-1.45%)
Close on Oct 19, 2026
- Market cap
- $590.39M
- P/E (TTM)
- –
- Dividend yield
- –
Forward Industries, Inc. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Design Segment [Member] | $13.61M | $19.99M | – | – | – | – | – | – | – | – | 74.8% | -31.9% |
| Digital Assets Segment [Member] | $4.58M | $0 | – | – | – | – | – | – | – | – | 25.2% | – |
| Distribution [Member] | – | – | – | – | – | $20.75M | $21.99M | $24.35M | $24.76M | – | – | – |
| Design [Member] | – | $19.99M | $22.69M | $20.17M | $16.55M | $13.73M | $15.42M | $10.15M | $0 | – | – | – |
| Retail Distribution [Member] | – | – | – | $4.13M | $3.18M | $1.03M | – | – | – | – | – | – |
| OEM Distribution [Member] | – | $10.20M | $14.00M | $18.04M | $19.29M | $19.73M | – | – | – | – | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Distribution [Member] | – | – | – | – | – | -$1.60M | -$1.38M | -$140.80K | $598.47K | – | – |
| Design [Member] | – | – | $2.18M | $2.15M | $603.00K | -$378.00K | -$1.72M | $401.46K | $0 | – | – |
| Retail Distribution [Member] | – | – | – | -$1.81M | -$779.00K | -$337.00K | – | – | – | – | – |
| OEM Distribution [Member] | – | – | $440.00K | $905.00K | $1.48M | $1.62M | – | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Koble Products [Member] | – | – | – | – | $1.49M | – | – | – | – | – | – | – |
| Product [Member] | – | – | – | – | $63.00K | – | – | – | – | – | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas [Member] | – | – | – | – | – | $21.06M | $21.73M | $17.32M | $7.77M | $7.33M | – | – |
| EMEA Region [Member] | – | – | – | – | – | $7.09M | $7.88M | $9.32M | $9.28M | $9.93M | – | – |
| APAC Region [Member] | – | – | – | – | – | $6.33M | $7.80M | $7.87M | $7.71M | $10.21M | – | – |
| Germany | – | $1.28M | $3.00M | $2.98M | $2.79M | $3.38M | – | – | – | – | – | – |
| United States | – | $23.59M | $27.12M | $25.54M | $25.67M | $21.02M | – | – | – | – | – | – |
| Poland | – | $2.80M | $1.28M | $2.64M | $3.11M | $2.68M | – | – | – | – | – | – |
| Other Foreign Countries [Member] | – | $2.09M | $1.85M | $1.73M | $1.81M | $2.32M | – | – | – | – | – | – |
| China | – | $435.00K | $3.44M | $5.33M | $5.64M | – | – | – | – | – | – | – |
From the segment and revenue-disaggregation notes of Forward Industries's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.