Filing Flows › Forward Industries (FWDI) › Q2 FY26 › vs Q1 FY26
Forward Industries (FWDI) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Forward Industries's revenue fell $8.5M (-40%) from $21.4M in Q1 FY26 to $13.0M in Q2 FY26.
Forward Industries, Q2 FY26: revenue $13.0M (+315% year over year), net loss $283M, operating cash flow −$4.8M. The chart draws each line against Q1 FY26, the increases inside each band.
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $13.0M | $21.4M | −$8.5M | -40% |
| Other income, net | $132K | $676K | −$544K | -80% |
| Income tax benefit | $875K | −$2.7M | $3.6M | — |
| Net loss | $283M | $586M | −$303M | -52% |
| Costs & expenses | $297M | $608M | −$311M | -51% |
| Operating costs | $297M | $605M | −$308M | -51% |
| Cost of revenue | $3.9M | $4.6M | −$696K | -15% |
| Sales & marketing | $570K | $535K | $34K | +6% |
| General & admin | $3.6M | $3.3M | $331K | +10% |
| Other operating costs | $289M | $597M | −$308M | -52% |
| Operating cash sources | $283M | $586M | −$303M | -52% |
| Depreciation & amortization | $23K | $26K | −$2K | -9% |
| Share-based compensation | $798K | $17K | $781K | 46× |
| Working capital & other | $277M | $578M | −$300M | -52% |
| Cash used in operations | $4.8M | $7.9M | −$3.1M | -39% |
| Net loss absorbed | $283M | $586M | −$303M | -52% |
Questions
How much did Forward Industries's revenue grow quarter over quarter in Q2 FY26?
Forward Industries's revenue fell $8.5M (-40%) from $21.4M in Q1 FY26 to $13.0M in Q2 FY26.