Forward Industries, Inc.
Forward Industries, Inc. (Nasdaq: FWDI) provides hardware and software product design and engineering services, primarily to medical and technology customers in the United States, and operates a digital-asset treasury focused on Solana (SOL). Its design services span product concept, industrial and user-interface… From the company’s description.
Over the twelve months to Jun 30, 2026, Forward Industries, Inc. reported revenue of $53.12M and a net loss of $1.10B. In fiscal 2025, it reported revenue of $18.19M and a net loss of $166.97M.
Dotted labels explain each measure. is shown separately from the annual figures.
What Forward Industries, Inc. does
In the company’s own words
Forward Industries, Inc. (Nasdaq: FWDI) provides hardware and software product design and engineering services, primarily to medical and technology customers in the United States, and operates a digital-asset treasury focused on Solana (SOL). Its design services span product concept, industrial and user-interface design, electrical, mechanical, optical and software engineering, prototyping, and preparation for manufacturing; projects include medical products, smart displays, cameras, wearables and mobile applications. The company also acquires and holds SOL and other digital assets, with plans to stake holdings and pursue other Solana ecosystem activities. Its continuing operations comprise the design business and the digital-asset treasury strategy. The company acquired design firm Intelligent Product Solutions in 2018 and the assets of Kablooe Design in 2020; it sold its OEM distribution business in 2025 and had previously exited retail distribution. At September 30, 2025, its SOL holdings had a fair value of approximately $1.43 billion. Forward Industries had approximately 60 employees as of November 30, 2025. Its website is www.forwardindustries.com.
Company details
- Sector
- Financials
- Industry (SIC)
- Finance Services
- Headquarters
- AUSTIN, TX
- Fiscal year end
- September
- CIK
- 38264
- SIC
- 6199
Financial performance, year by year
Fiscal 2012–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Forward Industries, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Forward Industries, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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