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Forward Industries, Inc.

FWDI Industrials Plastic Products
$6.99
▼ -0.3% Today
as of Oct 22, 16:48 ET
Last 30 days +0.58% Sep 14 → Oct 22
$5.80 $6.55 $7.31 $8.06 $8.81 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$7.04
High
$7.26
Low
$6.85
Volume
$2M
Avg Vol
$1M
Mkt Cap
$371M
P/E (TTM)
—
Beta
—
52w High
$19.00
52w Low
$3.48
Div Yield
—
Shares Out
$74M

Recent Press Releases & News last 60 days · 7 items

Oct 12 · 08:04 MT Newswires
SkyAI Plans $201 Million Tender Offer; Rejects Forward Industries Acquisition Bid
Oct 1 · 23:40 CryptoProwl
Forward Industries’ SOL Stash Hits 8.5 Million After 949K Q4 Increase
Sep 24 · 21:09 MT Newswires
Forward Industries Closes $25 Million Direct Offering
▸ Show all 7 press releases & news Free account →

FWDI earnings at a glance

The options market is pricing a move of about ±13.9% after the report, a range of roughly $6.02 to $7.96 from today's $6.99. Over its last 2 reports the stock rose the next day 1 time and fell 1, moving ±5.2% on average; after the most recent report on May 14, 2026 it moved +9.3%. That means options currently expect more movement than FWDI has typically delivered. FWDI beat the consensus EPS estimate in 1 of its last 1 reported quarters. Implied volatility is currently 118%. The share price of $6.99 sits in the middle of its 52-week range.

More Industrials stocks · All stocks · Earnings calendar

Overview

52-week range
$3.48
$19
23% of range
Avg surprise (last 1)
+233.3%
Avg reaction (last 2)
+4.0%
50% positive
Latest IV / EM
118%
EM ±13.9% · $8 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$-5.91$-4.42$-2.94$-1.45$0.04 Actual $-0.09Actual $-0.49Actual $-0.50Actual $-0.36Actual $-0.64Actual $-1.65Actual $-2.17Actual $-5.91Actual $0.04Est $-0.03Actual $-0.80 MarJunMarJunDecMar/2025Jun/2025DecMar/2026Jun
Revenue vs Net Income Revenue Net income
$-586M$-434M$-282M$-130M$23M Dec 24Mar 25Jun 25Dec 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Jun 30, 2026Jun 2026 $-0.80 — — — — financials
Thu May 14, 2026Mar/2026 $0.04 $-0.03 +233.3% +102.4% +9.3% earnings
Wed Dec 31, 2025Dec 2025 $-5.91 — — — — financials
Thu Aug 14, 2025Jun/2025 $-2.17 — — — — earnings
Wed May 14, 2025Mar/2025 $-1.65 — — — -1.2% earnings
Tue Dec 31, 2024Dec 2024 $-0.64 — — — — financials
Sun Jun 30, 2024Jun 2024 $-0.36 — — — — financials
Sun Mar 31, 2024Mar 2024 $-0.50 — — — — financials
Fri Jun 30, 2023Jun 2023 $-0.49 — — — — financials
Fri Mar 31, 2023Mar 2023 $-0.09 — — — — financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$11M$13M$21M—$2M$3M$5M—
Cost of revenue$4M$4M$5M—$3M$3M$3M—
Gross profit$7M$9M$17M—$-620,958$-178,761$1M—
Operating income$-70M$-284M$-584M—$-3M$-2M$-898,030—
Net income$-69M$-283M$-586M—$-850,022$-1M$-708,065—
EPS (diluted)$-0.80$-2.98$-5.91—$-0.77$-1.32$-0.64—

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$11M$17M$25M$38M$1M$2M——
Inventory——————$752,973$489,996
Total current assets$22M$22M$63M$41M$4M$8M—$10M
Total assets$603M$609M$893M$1.47B$8M$12M—$15M
Long-term debt————————
Total liabilities$128M$57M$12M$5M$5M$9M—$12M
Total equity$474M$551M$881M$1.47B$3M$4M$2M$3M

Implied volatility — last 90 days

41%320%599%878%1157% Jun 07 — IV 548% · EM ±75.9%Jun 08 — IV 374% · EM ±49.4%Jun 09 — IV 390% · EM ±48.9%Jun 10 — IV 499% · EM ±58.9%Jun 11 — IV 363% · EM ±40.1%Jun 12 — IV 308% · EM ±31.5%Jun 15 — IV 272% · EM ±19.7%Jun 16 — IV 105% · EM ±6.2%Jun 19 — IV 195% · EM ±43.1%Jun 22 — IV 202% · EM ±42.2%Jun 23 — IV 142% · EM ±29.1%Jun 24 — IV 395% · EM ±79.1%Jun 25 — IV 361% · EM ±70.6%Jun 26 — IV 297% · EM ±56.8%Jun 29 — IV 135% · EM ±23.9%Jun 30 — IV 41% · EM ±7.1%Jul 01 — IV 190% · EM ±31.8%Jul 02 — IV 180% · EM ±29.1%Jul 03 — IV 186% · EM ±29.1%Jul 06 — IV 194% · EM ±26.9%Jul 07 — IV 246% · EM ±32.5%Jul 08 — IV 388% · EM ±48.6%Jul 09 — IV 309% · EM ±36.5%Jul 13 — IV 685% · EM ±57.2%Jul 14 — IV 304% · EM ±22.0%Jul 15 — IV 700% · EM ±41.4%Jul 16 — IV 1158% · EM ±48.3%Jul 20 — IV 137% · EM ±32.4%Jul 21 — IV 112% · EM ±26.1%Jul 22 — IV 187% · EM ±42.7%Jul 23 — IV 193% · EM ±43.4%Jul 24 — IV 105% · EM ±23.1%Jul 27 — IV 138% · EM ±28.7%Jul 28 — IV 244% · EM ±50.0%Jul 30 — IV 127% · EM ±24.9%Jul 31 — IV 279% · EM ±53.4%Aug 03 — IV 305% · EM ±54.1%Aug 04 — IV 268% · EM ±46.2%Aug 05 — IV 241% · EM ±40.2%Aug 06 — IV 275% · EM ±44.5%Aug 07 — IV 166% · EM ±26.0%Aug 10 — IV 341% · EM ±47.2%Aug 11 — IV 159% · EM ±21.0%Aug 12 — IV 298% · EM ±37.4%Aug 13 — IV 429% · EM ±50.7%Aug 14 — IV 329% · EM ±36.4%Aug 17 — IV 448% · EM ±37.4%Aug 18 — IV 228% · EM ±16.5%Aug 19 — IV 252% · EM ±14.9%Aug 20 — IV 107% · EM ±4.5%Aug 24 — IV 124% · EM ±25.8%Aug 25 — IV 107% · EM ±21.9%Aug 26 — IV 105% · EM ±21.1%Aug 27 — IV 119% · EM ±23.4%Aug 28 — IV 143% · EM ±27.3%Aug 31 — IV 138% · EM ±24.5%Sep 01 — IV 280% · EM ±48.2%Sep 02 — IV 170% · EM ±28.4%Sep 03 — IV 132% · EM ±21.3%Sep 04 — IV 150% · EM ±23.4%Sep 07 — IV 169% · EM ±23.4%Sep 08 — IV 168% · EM ±22.2%Sep 09 — IV 49% · EM ±6.1%Sep 10 — IV 177% · EM ±20.9%Sep 11 — IV 166% · EM ±18.3%Sep 14 — IV 179% · EM ±14.9%Sep 15 — IV 540% · EM ±39.0%Sep 16 — IV 1144% · EM ±67.6%Sep 17 — IV 1004% · EM ±41.9%Sep 21 — IV 102% · EM ±21.3%Sep 22 — IV 109% · EM ±22.4%Sep 23 — IV 97% · EM ±19.5%Sep 24 — IV 96% · EM ±18.8%Sep 25 — IV 125% · EM ±24.0%Sep 28 — IV 106% · EM ±18.7%Sep 29 — IV 107% · EM ±18.4%Sep 30 — IV 98% · EM ±16.3%Oct 01 — IV 75% · EM ±12.1%Oct 02 — IV 106% · EM ±16.5%Oct 06 — IV 98% · EM ±13.0%Oct 07 — IV 97% · EM ±12.2%Oct 08 — IV 118% · EM ±13.9%

Sector peers

CMT
Core Molding Technologies Inc
$204M $24.24+7.5%
DSWL
Deswell Industries, Inc.
$49M $3.01+0.3%
NCL
Northann Corp.
$9M $0.16+3,875%
SWIM
Latham Group, Inc.
$749M $6.54+3.6%
KRT
Karat Packaging Inc.
$1.1B $53.84-0.2%
MYE
Myers Industries, Inc.
$1.2B $32.83+1.7%

FWDI earnings FAQ

What is FWDI's expected move for earnings?

Options currently price a move of about ±13.9%, or $0.97 per share either way from $6.99.

How does FWDI stock usually react to earnings?

Across the last 2 reports the average next-day move was ±5.2%, up 1 times and down 1 times.

What is FWDI's implied volatility?

FWDI's at-the-money implied volatility is about 118% based on the latest options snapshot.

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