Forward Industries, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $371.4M
- Price
- $5.03
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.82%
- Volume
- 759.2K
About
Forward Industries, Inc., together with its subsidiaries, provides hardware and software product design and engineering services primarily in the United States. The company operates through Design and Digital Assets segments. It offers design, engineering, and development services for consumer and industrial electronics products, such as medical products, smart displays, beverage vending, enterprise and mobile software applications, lighting, security and detections systems, cameras, wearables, and vehicle controls. The company also provides electrical, mechanical, software, and optical engineering services; industrial design and user experience/user interface design and development; and program management, IoT system architecture, and IT support services. Forward Industries, Inc. was incorporated in 1961 and is based in Hauppauge, New York.
Quick stats
Shares outstanding73.8M
Computed float44.6M
Float / shares60.4%
Key info
SectorConsumer Cyclical
IndustryPersonal Products & Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000038264
AI Summary
AI-generated1/50
majorbullishearnings
Forward Industries Reports Fiscal Third Quarter 2026 Financial and Operating Results
Forward Industries reported fiscal Q3 revenue of $10.8 million, more than 4x the prior year, driven by staking rewards and treasury-related operations.
The company increased SOL per share by 9% quarter-over-quarter to 0.073 on a fully diluted basis, supported by the acquisition of over 500,000 SOL and the repurchase of 2.5 million common shares.
Operational highlights include inclusion in the Russell 2000 and 3000 indexes, while the balance sheet reflects $556.9 million in SOL holdings against $105 million in debt.
Red flags
- Net loss of $69.0 million driven by mark-to-market digital asset losses
- Leverage relative to treasury assets in the mid-to-high teens