Forward Industries, Inc.
FWDI Consumer Cyclical Footwear & Accessories
Forward Industries, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $18.2 million, down 9.02% from fiscal 2024. In the quarter to June 2026, revenue grew 332.1%, EPS fell 3.90% and free cash flow fell 4,212.3%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.
| Older periods | Sep '25 | Dec '25 | Mar '26 | Jun '26 | |
|---|---|---|---|---|---|
Revenue |
+8 more quarters Free account |
7.95 | 21.44 | 12.96 | 10.78 |
Revenue Growth |
190.86% | 363.53% | 315.03% | 332.09% | |
Cost of Revenue |
3.09 | 4.59 | 3.89 | 4.08 | |
Gross Profit |
4.86 | 16.85 | 9.07 | 6.70 | |
SG&A Expenses |
5.25 | 7.23 | 6.63 | 7.43 | |
Operating Income |
(3.11) | (583.64) | (284.09) | (70.26) | |
Non-operating Interest Expenses |
0.01 | — | 0.06 | 0.52 | |
Non-operating Income/Expense |
(160.83) | 0.68 | 0.13 | (0.43) | |
| (163.94) | (582.96) | (283.96) | (70.69) | ||
Income Tax Provision |
— | 2.69 | (0.88) | (1.73) | |
Income after Tax |
(163.96) | (585.65) | (283.08) | (68.96) | |
Net Income Common |
(163.95) | (585.65) | (283.08) | (68.96) | |
EPS (Basic) |
(21.86) | (5.91) | (2.98) | (0.80) | |
EPS (Diluted) |
(21.86) | (5.91) | (2.98) | (0.80) | |
Shares (Basic, Weighted) |
6.79 | 99.10 | 94.92 | 86.69 | |
Shares (Diluted, Weighted) |
6.79 | 99.10 | 94.92 | 86.69 | |
Gross Margin |
61.14% | 78.61% | 69.99% | 62.19% | |
EBIT Margin |
(39.18%) | (2,722.80%) | (2,191.86%) | (651.82%) | |
EBT margin |
(2,063.39%) | (2,719.64%) | (2,190.84%) | (655.78%) | |
Net Profit Margin |
(2,063.51%) | (2,732.18%) | (2,184.09%) | (639.71%) | |
EBITDA |
(1.23) | (583.61) | (284.07) | (70.24) | |
EBIT |
(3.11) | (583.64) | (284.09) | (70.26) | |
Income from Continuous Operations |
(163.96) | (585.65) | (283.08) | (68.96) | |
Income from Discontinued Operations |
0.00 | — | — | — | |
Consolidated Net Income/Loss |
(163.96) | (585.65) | (283.08) | (68.96) | |
EPS (Basic, from Continuous Ops) |
(20.26) | (5.91) | (2.98) | (0.80) | |
EPS (Diluted, from Cont. Ops) |
(20.26) | (5.91) | (2.98) | (0.80) | |
EPS (Diluted, from Disc. Ops) |
0.00 | — | — | — | |
EPS (Basic, from Discontinued Ops) |
(1.60) | — | — | — | |
EPS (Basic, Consolidated) |
(21.86) | (5.91) | (2.98) | (0.80) | |
EPS (Diluted, Consolidated) |
(21.86) | (5.91) | (2.98) | (0.80) | |
Shares (Diluted, Average) |
— | 99.10 | 94.92 | 86.69 | |
EBITDA Margin |
(15.47%) | (2,722.68%) | (2,191.68%) | (651.62%) | |
Operating Cash Flow Margin |
(28.98%) | (36.99%) | (37.02%) | (31.08%) |