FWDI
Forward Industries, Inc.
NASDAQ: FWDI · CONSUMER CYCLICAL · FOOTWEAR & ACCESSORIES
$4.61
+8.98% today
Updated 2026-04-30
Market cap
$355.64M
P/E ratio
—
P/S ratio
10.16x
EPS (TTM)
$-29.99
Dividend yield
—
52W range
$4 – $46
Volume
0.9M
Forward Industries, Inc. (FWDI) Financial statements
SEC filings — annual and quarterly data.
Profit margin
0.00%
Operating margin
44.90%
ROE
-170.70%
ROA
0.54%
Debt/equity
0.00x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2005 | $51.87M | $9.43M | 35.83% | 23.79% | 18.19% |
| 2006 | $30.61M | $1.54M | 25.60% | 5.64% | 5.04% |
| 2007 | $22.15M | $-553459.00 | 21.69% | -8.19% | -2.50% |
| 2008 | $19.97M | $-889249.00 | 20.17% | -8.34% | -4.45% |
| 2009 | $17.44M | $-1.39M | 20.54% | -7.74% | -7.99% |
| 2010 | $19.00M | $-1.68M | 22.28% | -8.27% | -8.87% |
| 2011 | $22.78M | $-2.90M | 22.24% | -13.24% | -12.73% |
| 2013 | $30.91M | $-206886.00 | 20.63% | 2.28% | -0.67% |
| 2014 | $33.36M | $-799906.00 | 19.65% | -0.30% | -2.40% |
| 2015 | $30.01M | $-1.43M | 19.30% | -5.04% | -4.78% |
| 2016 | $27.48M | $606562.00 | 18.49% | 2.25% | 2.21% |
| 2017 | $24.76M | $579346.00 | 16.93% | 2.42% | 2.34% |
| 2018 | $34.50M | $1.38M | 19.04% | 0.76% | 4.00% |
| 2019 | $37.41M | $-3.60M | 17.59% | -8.28% | -9.63% |
| 2020 | $34.48M | $-1.78M | 19.25% | -2.81% | -5.15% |
| 2021 | $39.02M | $523805.00 | 20.85% | -1.96% | 1.34% |
| 2022 | $42.34M | $-1.38M | 19.77% | -2.93% | -3.26% |
| 2023 | $36.69M | $-3.74M | 22.80% | 0.44% | -10.18% |
| 2024 | $30.20M | $-1.95M | 20.56% | -6.40% | -6.46% |
| 2025 | $18.19M | $-167.00M | 27.37% | -35.00% | -918.23% |