Forward Industries, Inc. financial data

Symbol
FWDI on Nasdaq
Location
Hauppauge, NY
Fiscal year end
30 September
Latest financial report
10-Q - Q4 2025 - 12 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 534% % 473%
Quick Ratio 4.5% % -65%
Debt-to-equity 1.3% % -100%
Return On Equity -28% % 74%
Return On Assets -28% % -78%
Operating Margin -46% % -329%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 86,459,465 shares 7752%
Common Stock, Shares, Outstanding 84,924,272 shares 7613%
Entity Public Float $3,300,000 USD -31%
Common Stock, Value, Issued $1,000,000 USD
Weighted Average Number of Shares Outstanding, Basic 99,099,267 shares 8900%
Weighted Average Number of Shares Outstanding, Diluted 99,099,267 shares 8900%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $34,998,326 USD 80%
Cost of Revenue $14,090,490 USD -3.5%
Selling and Marketing Expense $1,404,644 USD 95%
General and Administrative Expense $11,211,137 USD 75%
Operating Income (Loss) $8,392,420 USD -290%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $169,068,575 USD -7788%
Income Tax Expense (Benefit) $2,708,192 USD 11702%
Net Income (Loss) Attributable to Parent $166,851,926 USD -7140%
Earnings Per Share, Basic -29.86 USD/shares -1329%
Earnings Per Share, Diluted -29.86 USD/shares -1329%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current $2,994,696 USD 20%
Inventory, Net $752,973 USD 86%
Assets, Current $62,946,206 USD 629%
Property, Plant and Equipment, Net $98,693 USD -49%
Operating Lease, Right-of-Use Asset $2,188,415 USD -17%
Intangible Assets, Net (Excluding Goodwill) $0 USD -100%
Goodwill $0 USD -100%
Other Assets, Noncurrent $949,915 USD 1282%
Assets $892,946,117 USD 6518%
Accounts Payable, Current $382,603 USD 155%
Accrued Liabilities, Current $3,438,000 USD
Liabilities, Current $10,083,708 USD 15%
Operating Lease, Liability, Noncurrent $2,000,827 USD -18%
Liabilities $12,084,535 USD 7.8%
Retained Earnings (Accumulated Deficit) $772,262,566 USD -3696%
Stockholders' Equity Attributable to Parent $880,861,582 USD 38546%
Liabilities and Equity $892,946,117 USD 6518%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $7,929,151 USD -1726%
Net Cash Provided by (Used in) Financing Activities $3,773,136 USD
Net Cash Provided by (Used in) Investing Activities $1,076,607 USD -19771%
Common Stock, Shares Authorized 300,000,000 shares 650%
Common Stock, Shares, Issued 86,464,465 shares 7753%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $25,388,079 USD 986%
Interest Paid, Excluding Capitalized Interest, Operating Activities $0 USD -100%
Deferred Tax Assets, Valuation Allowance $45,643,000 USD 960%
Deferred Tax Assets, Gross $46,363,000 USD 815%
Operating Lease, Liability $2,428,000 USD -16%
Payments to Acquire Property, Plant, and Equipment $0 USD -100%
Lessee, Operating Lease, Liability, to be Paid $2,877,000 USD -17%
Property, Plant and Equipment, Gross $617,000 USD 0.82%
Operating Lease, Liability, Current $426,750 USD -6.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two $428,000 USD -27%
Lessee, Operating Lease, Liability, to be Paid, Year One $465,000 USD 2%
Operating Lease, Weighted Average Discount Rate, Percent 0.059 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $449,000 USD -26%
Lessee, Operating Lease, Liability, to be Paid, Year Three $440,000 USD -5.2%
Deferred Tax Assets, Operating Loss Carryforwards $4,026,000 USD 12%
Lessee, Operating Lease, Liability, to be Paid, Year Four $452,000 USD 5.6%
Operating Lease, Payments $152,000 USD 0.66%
Amortization of Intangible Assets $213,000 USD 0%
Depreciation, Depletion and Amortization $25,638 USD -69%
Interest Expense $37,176 USD -33%