FWDIForward Industries, Inc.

$7.18-70% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: revenue growing +255% year on year, but operating margin narrowing (−1352.6 points).

1 good, 1 to watch, 1 without data
Revenue trend+255% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +8% a year.

Margin direction−1352.6 points operating

Trailing-twelve-month operating margin, -1401.4% now against -48.8% a year earlier.

All from SEC EDGAR, as of Jun 30, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is FWDI growing?

Forward Industries, Inc. has grown revenue 16% a year over three years and 7.7% a year over five.

+16%

Revenue growth, 3-year annual rate · Footwear & Accessories median +7.5% · compounding fast · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate
+7.7%

Revenue growth, 5-year rate · +16% over three · growth has picked up over the last three years

Years of annual history on file
16

Years of annual history on file · FY2010 to FY2025, as filed

Details›
Revenue FY2021
$39M
Revenue FY2022
$38M
Revenue FY2023
$37M
Revenue FY2024
$20M
Revenue FY2025
$18M

Annual income statements as filed with the SEC.