Forward Industries, Inc. (FWDI) stock
Close on Nov 13, 2026Market cap $428.27MP/E –Yield –
Forward Industries, Inc. grew revenue 254.5% to $53.12M over the twelve months to Jun 30, 2026. Free cash flow was -$18.38M. At the latest close the market valued the company at $428.27M.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Jun 30, 2026
Valuation
- Market cap
- $428.27M
- P/E ratio
- –
- Price to sales
- 8.06
- Price to book
- 0.90
- Dividend yield
- –
- Free cash flow yield
- -4.29%
Fundamentals
- Revenue
- $53.12M
- Net income
- -$1.10B
- EPS, diluted
- -$24.59
- Free cash flow
- -$18.38M
- Book value per share
- $5.47
- Diluted shares
- 87M
Trading
- Next earnings
- Dec 10, 2026 (estimated, after the close)
- Previous close
- $5.08
- Open
- $5.10
- Day's range
- $4.79 – $5.10
- Volume
- 1,618,298
- Average volume (20 days)
- 1,432,220
- Index membership
- Russell 2000 (since Jun 2026)
- Beta (5 years)
- 0.31
- 52-week range
- $3.48 – $9.54
- RSI (14 days)
- 31.8
- Volatility (1 year)
- 90.0%
- Relative volume
- 0.97×
On 1 of our idea list: Institutions accumulating
Index membership is inferred from the holdings of funds that track each index (IWM), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2010, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.
| Period | FWDI | S&P 500 | Difference | FWDI per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -31.3% | -3.0% | −28.3 pts | ||
| 3 months | +19.3% | -2.8% | +22.1 pts | ||
| Year to date | -25.3% | +11.5% | −36.8 pts | ||
| 1 year | -44.7% | +13.5% | −58.1 pts | ||
| 3 years | -32.3% | +77.7% | −110.0 pts | -12.2% | +21.1% |
| 5 years | -77.8% | +72.6% | −150.5 pts | -26.0% | +11.5% |
| 10 years | -60.8% | +308.2% | −369.0 pts | -8.9% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Forward Industries filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Update
- Update
- Update
- Results
- News
About Forward Industries
Finance Services
Forward Industries, Inc. provides hardware and software product design and engineering solutions and maintains a digital asset treasury. The company operates two main segments: design and digital assets. Through its design business, it delivers product development services spanning electrical, mechanical, optical, and software engineering, industrial design, user interface development, IoT architecture, and prototyping. These services support diverse electronics, including medical equipment, smart displays, beverage dispensers, security systems, cameras, wearables, and vehicle controls. The company primarily serves commercial clients in the medical and technology sectors. Through its digital asset operations, it acquires, holds, and stakes digital assets, focusing on Solana.
Company profile, executives and historyForward Industries stock: common questions
What is Forward Industries's stock price?
FWDI closed at $4.94 on Nov 13, 2026, down 2.76% on the day. Over the past 52 weeks it traded between $3.48 and $9.54.
What is Forward Industries's market cap?
Forward Industries was worth $428.27M at the close on Nov 13, 2026: the share price times the diluted shares outstanding.
What is FWDI's P/E ratio?
Forward Industries lost money over fiscal 2025 (diluted EPS -$24.59), so it has no meaningful P/E ratio.
How much revenue does Forward Industries make?
Forward Industries reported revenue of $53.12M for the twelve months to Jun 30, 2026, up 254.5% from a year earlier.
Does Forward Industries pay a dividend?
No. Forward Industries has not paid a cash dividend over the last twelve months.
When does Forward Industries report earnings next?
Forward Industries is expected to report Q4 FY2026 results on Dec 10, 2026, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has FWDI stock performed over the past year?
Including dividends, FWDI returned -44.7% over the past year, against +13.5% for the S&P 500.
How many FWDI shares are sold short?
5M shares were sold short at the latest FINRA report, 13.90% of the float, or 3.9 days of average trading volume.
Who are Forward Industries's competitors?
Companies most similar to Forward Industries by business, industry and size include VIP, SLNH, HSDT, BGIN, ORBS.
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