Forward Industries financials
$8.01−0.50%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q3 '26 Jun 30 | Q2 '26 Mar 31 | Q1 '26 Dec 31 |
|---|---|---|---|
| Revenue | $10.8M | $13.0M | $21.4M |
| Gross profit | $6.7M | $9.1M | $16.8M |
| Gross margin | 62.2% | 70.0% | 78.6% |
| Operating income | -$65.7M | -$82.7M | -$23.4M |
| Net income | -$69.0M | -$283.1M | -$585.7M |
| Net margin | −639.7% | −2184.1% | −2732.2% |
| Diluted EPS | $-0.80 | $-2.98 | $-5.91 |
| EBITDA | -$50.5M | $2.5M | $9.6M |
| Operating cash flow | -$3.4M | -$4.8M | -$7.9M |
| Free cash flow | -$3.4M | -$4.8M | -$7.9M |
| Diluted shares | 86.7M | 94.9M | 99.1M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 |
|---|---|---|---|
| Cash & equivalents | $11.0M | $16.6M | $25.4M |
| Short-term investments | $2.3M | $0.00 | $0.00 |
| Total debt | $12.5M | $10.0M | $3.5M |
| Total assets | $602.5M | $608.5M | $892.9M |
| Total liabilities | $128.3M | $57.1M | $12.1M |
| Shareholders' equity | $474.2M | $551.5M | $880.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology