Forward Industries, Inc.FWDIEarnings & Financial Report

Nasdaq · financial services

Melrose Industries plc is a British aerospace manufacturing company based in Birmingham, England. It is the parent company of GKN Aerospace. The company's shares are listed on the London Stock Exchange as a constituent of the FTSE 100 Index.

NextMay 14, 2026

Revenue

$21.4M

Gross Profit

$16.8M

Operating Profit

$-583.6M

Net Profit

$-585.7M

Gross Margin

78.6%

Operating Margin

-2722.8%

Net Margin

-2732.2%

YoY Growth

224.0%

EPS

$-5.91

Financial Flow

Forward Industries, Inc. Q1 2026 Financial Summary

Forward Industries, Inc. reported revenue of $21.4M for Q1 2026, with a net profit of $-585.7M (-2732.2% margin). Cost of goods sold was $4.6M, operating expenses totaled $600.5M.

Key Financial Metrics

Total Revenue	$21.4M
Net Profit	$-585.7M
Gross Margin	78.6%
Operating Margin	-2722.8%
Report Period	Q1 2026

Forward Industries, Inc. Annual Revenue by Year

Forward Industries, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $18.2M).

Year	Annual Revenue
2025	$18.2M
2024	$30.2M
2023	$36.7M
2022	$42.3M

Income Statement

	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$7.8M	$7.9M	$7.3M	$6.6M	$3.1M	$2.5M	$6.0M	$21.4M
YoY Growth	-26.5%	-22.1%	43.8%	-7.5%	-60.1%	-68.4%	-18.7%	224.0%

Balance Sheet

	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Assets	$15.2M	$15.2M	$14.8M	$13.5M	$12.3M	$8.3M	$1.47B	$892.9M
Liabilities	$13.4M	$13.8M	$11.8M	$11.2M	$8.8M	$4.9M	$4.8M	$12.1M
Equity	$1.8M	$1.4M	$3.0M	$2.3M	$3.6M	$3.4M	$1.47B	$880.9M