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Forward Industries vs Big Digital Energy: FWDI and BGDE compared
Forward Industries is the larger company: $10.8M of revenue in its latest quarter (Q3 FY26) against $8.7M for Big Digital Energy (Q3 2026). Forward Industries is growing faster (+332% against -34% a year earlier). Big Digital Energy is more profitable, with an operating margin of -64.0% against -651.8%.
Where the money goes: FWDI and BGDE
Forward Industries (FWDI) · 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 follows the revenue to costs, profit and cash.
Big Digital Energy (BGDE) · Q3 2026
Big Digital Energy, Q3 2026: revenue $8.7M (-34% year over year), operating margin -64.0%, net loss $6.5M, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.
| Forward Industries (FWDI) | Big Digital Energy (BGDE) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q3 2026 |
| Revenue | $10.8M | $8.7M |
| Revenue growth, Y/Y | +332% | -34% |
| Operating margin | -651.8% | -64.0% |
| Net earnings | −$69.0M | −$6.5M |
| Net margin | -639.7% | -74.6% |
| Operating cash flow | −$3.4M | −$2.6M |
Questions
Which is bigger, Forward Industries or Big Digital Energy?
Forward Industries is the larger company: $10.8M of revenue in its latest quarter (Q3 FY26) against $8.7M for Big Digital Energy (Q3 2026).
Is Forward Industries or Big Digital Energy growing faster?
Forward Industries is growing faster (+332% against -34% a year earlier).
Which is more profitable, Forward Industries or Big Digital Energy?
Big Digital Energy is more profitable, with an operating margin of -64.0% against -651.8%.
More: Forward Industries earnings · how Forward Industries makes money · Big Digital Energy earnings · how Big Digital Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 12, 2026; 8-K filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.