Forward Industries, Inc. (FWDI)

Forward Industries Revenue

Forward Industries had revenue of $10.78M in the quarter ending June 30, 2026, with 332.09% growth. This brings the company's revenue in the last twelve months to $53.12M, up 204.24% year-over-year. In the fiscal year ending September 30, 2025, Forward Industries had annual revenue of $18.19M, down -9.02%. That makes Forward Industries the 27,501st largest company in the world by revenue and 3,743rd in the United States.

• Revenue (ttm): $53.12M
• Revenue Growth: +204.24%
• P/S Ratio: 10.20
• Revenue / Employee: $885,358
• Employees: 60
• Market Cap: 542.04M

Revenue Chart

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Revenue History

Fiscal Year End	Revenue	Change	Growth
Sep 30, 2025	18.19M	-1.80M	-9.02%
Sep 30, 2024	19.99M	-52.76M	-72.52%
Sep 30, 2023	72.75M	34.54M	90.41%
Sep 30, 2022	38.21M	-815.04K	-2.09%
Sep 30, 2021	39.02M	4.54M	13.18%
Sep 30, 2020	34.48M	-2.93M	-7.83%
Sep 30, 2019	37.41M	2.91M	8.43%
Sep 30, 2018	34.50M	9.73M	39.31%
Sep 30, 2017	24.76M	-2.72M	-9.88%
Sep 30, 2016	27.48M	-2.53M	-8.44%
Sep 30, 2015	30.01M	-3.35M	-10.03%
Sep 30, 2014	33.36M	2.45M	7.92%
Sep 30, 2013	30.91M	1.51M	5.13%
Sep 30, 2012	29.40M	6.64M	29.17%
Sep 30, 2011	22.76M	3.77M	19.83%
Sep 30, 2010	19.00M	1.56M	8.92%
Sep 30, 2009	17.44M	-2.53M	-12.68%
Sep 30, 2008	19.97M	-2.18M	-9.83%
Sep 30, 2007	22.15M	-8.46M	-27.63%
Sep 30, 2006	30.61M	-	-

Data Source: Fiscal.ai Last updated: Aug 12, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 6, 2026

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