Filing Flows › Forward Industries (FWDI) › Q3 FY26 › vs Q2 FY26
Forward Industries (FWDI) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Forward Industries's revenue fell $2.2M (-17%) from $13.0M in Q2 FY26 to $10.8M in Q3 FY26.
Forward Industries, Q3 FY26: revenue $10.8M (+332% year over year), operating margin -651.8%, net loss $69.0M, operating cash flow −$3.4M. The chart draws each line against Q2 FY26, the increases inside each band.
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $10.8M | $13.0M | −$2.2M | -17% |
| Income tax benefit | $1.7M | $875K | $857K | +98% |
| Net loss | $69.0M | $283M | −$214M | -76% |
| Costs & expenses | $81.5M | $297M | −$216M | -73% |
| Operating costs | $81.0M | $297M | −$216M | -73% |
| Interest & other, net | $427K | −$132K | $560K | — |
| Cost of revenue | $4.1M | $3.9M | $186K | +5% |
| Sales & marketing | $639K | $570K | $70K | +12% |
| General & admin | $5.8M | $3.6M | $2.2M | +61% |
| Other operating costs | $70.6M | $289M | −$218M | -76% |
| Operating cash sources | $69.0M | $283M | −$214M | -76% |
| Depreciation & amortization | $21K | $23K | −$2K | -10% |
| Share-based compensation | $3.1M | $798K | $2.3M | +292% |
| Working capital & other | $62.5M | $277M | −$215M | -77% |
| Cash used in operations | $3.4M | $4.8M | −$1.4M | -30% |
| Net loss absorbed | $69.0M | $283M | −$214M | -76% |
Questions
How much did Forward Industries's revenue grow quarter over quarter in Q3 FY26?
Forward Industries's revenue fell $2.2M (-17%) from $13.0M in Q2 FY26 to $10.8M in Q3 FY26.