Forward Industries, Inc. (FWDI)
| Market Cap | 331.39M |
| Revenue (ttm) | 35.00M |
| Net Income (ttm) | -751.95M |
| Shares Out | 76.98M |
| EPS (ttm) | -24.03 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 580,425 |
| Open | 4.450 |
| Previous Close | 4.450 |
| Day's Range | 4.265 - 4.515 |
| 52-Week Range | 4.030 - 46.000 |
| Beta | 0.78 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 13, 2026 |
About FWDI
Forward Industries, Inc. operates as a Solana (SOL) focused digital asset treasury company. The company operates through Digital Assets and Design segments. The Digital Assets segment captures SOL-based yield generated by participating in the Solana network’s staking protocol. The Design segment offers hardware and software product design and engineering services to customers located in the United States. The company was incorporated in 1961 and is based in Austin, Texas. [Read more]
Financial Performance
In fiscal year 2025, Forward Industries's revenue was $18.19 million, a decrease of -9.02% compared to the previous year's $19.99 million. Losses were -$167.00 million, 8461.7% more than in 2024.
Financial StatementsNews
Forward Industries Appoints Mark Brazier as Chief Financial Officer
Veteran Digital Asset and Traditional Finance Executive to Oversee Financial Operations and Capital Markets Execution AUSTIN, TX, April 14, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: F...
Forward Industries Announces Strategic Share Repurchase
Transaction Expected to Increase SOL-per-Share and Return Over 6 Million Shares of Common Stock to its Treasury Using Low-Cost Financing from Galaxy Digital LLC
Forward Industries Transcript: AGM 2026
The meeting covered director elections, auditor ratification, equity plan amendments, and a state of incorporation change. All proposals passed, including a three-year frequency for advisory votes on executive compensation. Final results will be filed with the SEC.
Forward Industries Earnings Call Transcript: Q1 2026
Revenue and gross margin surged year-over-year, driven by Solana staking, but a large net loss was recorded due to mark-to-market declines in SOL. Strategic initiatives included launching fwdSOL, on-chain share issuance, and opportunistic buybacks, with a focus on compounding SOL per share.
Forward Industries Reports Fiscal First Quarter 2026 Financial and Operating Results
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward”), the leading Solana treasury company, today announced its financial and operating results for the fiscal...
Forward Industries Schedules Fiscal First Quarter 2026 Conference Call for February 12, 2026 at 5:00 p.m. ET
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward Industries”), the leading Solana treasury company, today announced that it will host a conference call on ...
Forward Industries' SOL Holdings total over 6.97 Million SOL
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward Industries”), the leading Solana treasury company, today issued an update on its treasury and recent opera...
Forward Industries and Superstate Launch Tokenized FWDI Public Shares on Solana
NEW YORK--(BUSINESS WIRE)--Forward Industries (NASDAQ: FWDI), a leading Solana digital asset treasury company, today announced that its SEC-registered shares are now live on the Solana blockchain thro...
Forward Industries Reports Fiscal Year 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward Industries”), the leading Solana treasury company, today reported financial results for the twelve months ...
Forward Industries Transcript: Investor Update
Transitioned to a Solana-focused digital asset treasury, acquiring over 6.8 million SOL and launching innovative on-chain strategies like liquid staking and PropAMM. Expanded ecosystem engagement through tokenized equity and advisory board, while maintaining a strong balance sheet and leadership team.
Forward Industries Provides Shareholder Update Following the Launch of its Solana Treasury Strategy
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward Industries”), the leading Solana treasury company, today announced a shareholder update with key operation...
Forward Industries Partners with Sanctum to Launch fwdSOL Liquid Staking Token
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (“Forward Industries” or the "Company"), today announced a strategic partnership with Sanctum to launch fwdSOL, a new liquid staking ...
Forward Industries Appoints Ryan Navi as Chief Investment Officer
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward”), the leading Solana treasury company, today announced that Ryan Navi has joined the Company as Chief Inv...
Forward Industries Appoints Georgia Quinn as General Counsel
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward”), the leading Solana treasury company, today announced the appointment of Georgia Quinn as General Counse...
Forward Industries Schedules Shareholder Update Conference Call for December 2, 2025 at 5:00 p.m. ET
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward Industries”), the leading Solana treasury company, today announced that it will host a conference call on ...
Forward Industries' Total Holdings Rise to 6.9 Million SOL as of November 15, 2025
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward Industries”), the leading Solana treasury company, today announced its monthly treasury update as part of ...
Forward Industries Announces NASDAQ Ticker Symbol Change to ‘FWDI' Effective November 17, 2025
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FWDI) (NASDAQ: FORD) (the "Company" or “Forward Industries”), the leading Solana treasury company, today announced it has changed its ticke...
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Forward Industries Announces Resale Prospectus Supplement; Board Authorizes New $1 Billion Share Repurchase Program
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FORD) (the “Company” or “Forward Industries”), the leading Solana treasury company, today announced the filing with the U.S. Securities and...
IBN Announces CryptoCurrencyWire Audio Production Featuring Kyle Samani, Chairman of Forward Industries Inc.
AUSTIN, Texas, Oct. 23, 2025 (GLOBE NEWSWIRE) -- via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce th...
Forward Industries Establishes Crypto Advisory Board and Welcomes 25 Inaugural Members
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or “Forward Industries”), the leading Solana treasury company, today announced the formation of a Crypto Advisory Boar...
Forward Industries' Total Treasury Holdings Exceed 6.87 Million SOL as of October 15, 2025
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or “Forward Industries”), the leading Solana treasury company, today announced its initial treasury update as part of ...
Forward Industries Provides Strategic Update on Market Volatility and Share Registration Extension
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or “Forward Industries”), a leading Solana treasury company, today announced an update regarding its resale registrati...
Forward Industries Announces Launch of Solana Validator and Integration with DoubleZero
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or “Forward Industries”), a leading Solana treasury company, today announced the launch of its institutional grade val...
I'm a long-term believer in Solana, says Forward Industries' Kyle Samani
Kyle Samani, Multicoin Capital co-founder and managing partner and Forward Industries chairman, joins 'Squawk Box' to discuss the company's Solana treasury strategy, state of crypto, and more.