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How Forward Industries (FWDI) makes money

Forward Industries (FWDI) made $10.8M of revenue in the third quarter fiscal 2026 (Q3 FY26), +332% from a year earlier.

Drawing the Sankey…

Forward Industries revenue by quarterForward Industries revenue by quarter$7.3MQ4 FY24$3.1MQ2 FY25$2.5MQ3 FY25$7.9MQ4 FY25$21.4MQ1 FY26$13.0MQ2 FY26$10.8MQ3 FY26

Where each dollar of revenue goes

LineQ3 FY26% of revenue
Revenue$10.8M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 FY26$10.8M+332%
Q2 FY26$13.0M+315%
Q1 FY26$21.4M+364%
Q4 FY25$7.9M+68%
Q3 FY25$2.5M-50%
Q2 FY25$3.1M-38%
Q4 FY24$7.3M-14%

From Forward Industries' 10-Q filed Aug 12, 2026 (on EDGAR).

Questions

How does Forward Industries make money?

Forward Industries (FWDI) made $10.8M of revenue in the third quarter fiscal 2026 (Q3 FY26), +332% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.