FWDI
NASDAQ · Electrical Equipment
Forward Industries Inc
$6.43
+0.28 (+4.55%)
Financial Highlights (FY 2026)
Revenue
181.27M
Net Income
-1,664,208,147
Gross Margin
28.5%
Profit Margin
-918.1%
Rev Growth
-24.6%
D/E Ratio
—
Revenue & Net Income
Margin Trends
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Gross Margin | 28.5% | 28.5% | 51.4% | 51.4% |
| Operating Margin | -46.1% | -41.5% | 18.9% | 15.3% |
| Profit Margin | -918.1% | -872.2% | 13.8% | 17.1% |
Income Statement
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Revenue | 181.27M | 240.25M | 186.45M | 161.86M |
| Gross Profit | 51.73M | 68.57M | 95.75M | 83.13M |
| Operating Income | -83,638,547 | -99,767,650 | 35.33M | 24.83M |
| Net Income | -1,664,208,147 | -1,985,138,942 | 25.74M | 27.67M |
| Gross Margin | 28.5% | 28.5% | 51.4% | 51.4% |
| Operating Margin | -46.1% | -41.5% | 18.9% | 15.3% |
| Profit Margin | -918.1% | -872.2% | 13.8% | 17.1% |
| Rev Growth | -24.6% | -24.6% | -3.1% | -6.3% |
Balance Sheet
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Total Debt | 0 | 0 | 153.83M | 172.74M |
| Total Equity | — | — | 327.32M | 325.00M |
| D/E Ratio | — | — | 0.47 | 0.53 |
Cash Flow
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| EBITDA | -81,521,629 | -102,644,860 | 51.09M | 38.85M |
| Free Cash Flow | — | — | 25.36M | 19.11M |