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Side-by-side financial comparison of Autolus Therapeutics plc (AUTL) and Forward Industries, Inc. (FWDI). Click either name above to swap in a different company.

Forward Industries, Inc. is the larger business by last-quarter revenue ($21.4M vs $21.2M, roughly 1.0× Autolus Therapeutics plc). Autolus Therapeutics plc runs the higher net margin — -373.3% vs -2732.2%, a 2358.9% gap on every dollar of revenue.

Autolus Therapeutics plc is a clinical-stage biopharmaceutical company specializing in the development of next-generation engineered chimeric antigen receptor T-cell (CAR-T) therapies for the treatment of hematological malignancies and solid tumors. It operates in the global oncology biotech market, advancing a pipeline of targeted immunotherapy candidates across multiple clinical development stages.

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.

AUTL vs FWDI — Head-to-Head

Bigger by revenue
FWDI
FWDI
1.0× larger
FWDI
$21.4M
$21.2M
AUTL
Higher net margin
AUTL
AUTL
2358.9% more per $
AUTL
-373.3%
-2732.2%
FWDI

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
AUTL
AUTL
FWDI
FWDI
Revenue
$21.2M
$21.4M
Net Profit
$-79.1M
$-585.7M
Gross Margin
78.6%
Operating Margin
-337.9%
-2722.8%
Net Margin
-373.3%
-2732.2%
Revenue YoY
224.0%
Net Profit YoY
3.6%
-82611.5%
EPS (diluted)
$-0.30
$-5.91

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AUTL
AUTL
FWDI
FWDI
Q4 25
$21.4M
Q3 25
$21.2M
$7.9M
Q2 25
$20.9M
$2.5M
Q1 25
$9.0M
$3.1M
Q4 24
$6.6M
Q3 24
$0
Q2 24
$0
$7.8M
Q1 24
$10.1M
$5.1M
Net Profit
AUTL
AUTL
FWDI
FWDI
Q4 25
$-585.7M
Q3 25
$-79.1M
$-164.0M
Q2 25
$-47.9M
$-850.0K
Q1 25
$-70.2M
$-1.5M
Q4 24
$-708.1K
Q3 24
$-82.1M
Q2 24
$-58.3M
$-399.6K
Q1 24
$-52.7M
$-553.2K
Gross Margin
AUTL
AUTL
FWDI
FWDI
Q4 25
78.6%
Q3 25
61.1%
Q2 25
Q1 25
-5.7%
Q4 24
17.1%
Q3 24
Q2 24
16.8%
Q1 24
26.2%
Operating Margin
AUTL
AUTL
FWDI
FWDI
Q4 25
-2722.8%
Q3 25
-337.9%
-39.2%
Q2 25
-292.6%
-102.6%
Q1 25
-726.3%
-58.3%
Q4 24
-13.6%
Q3 24
Q2 24
-5.9%
Q1 24
-384.1%
-12.2%
Net Margin
AUTL
AUTL
FWDI
FWDI
Q4 25
-2732.2%
Q3 25
-373.3%
-2063.6%
Q2 25
-229.0%
-34.1%
Q1 25
-781.1%
-46.5%
Q4 24
-10.7%
Q3 24
Q2 24
-5.1%
Q1 24
-522.1%
-10.9%
EPS (diluted)
AUTL
AUTL
FWDI
FWDI
Q4 25
$-5.91
Q3 25
$-0.30
$-21.86
Q2 25
$-0.18
$-0.77
Q1 25
$-0.26
$-1.32
Q4 24
$-0.64
Q3 24
$-0.31
Q2 24
$-0.22
$-0.36
Q1 24
$-0.24
$-0.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AUTL
AUTL
FWDI
FWDI
Cash + ST InvestmentsLiquidity on hand
$86.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$265.5M
$880.9M
Total Assets
$661.9M
$892.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AUTL
AUTL
FWDI
FWDI
Q4 25
Q3 25
$86.1M
Q2 25
$123.8M
Q1 25
$95.8M
Q4 24
Q3 24
$657.1M
Q2 24
$705.9M
Q1 24
$758.5M
Stockholders' Equity
AUTL
AUTL
FWDI
FWDI
Q4 25
$880.9M
Q3 25
$265.5M
$1.5B
Q2 25
$346.5M
$3.4M
Q1 25
$371.1M
$3.6M
Q4 24
$2.3M
Q3 24
$477.0M
Q2 24
$527.8M
$1.4M
Q1 24
$582.0M
$1.8M
Total Assets
AUTL
AUTL
FWDI
FWDI
Q4 25
$892.9M
Q3 25
$661.9M
$1.5B
Q2 25
$721.0M
$8.3M
Q1 25
$746.3M
$12.3M
Q4 24
Q3 24
$827.5M
Q2 24
$853.6M
$15.2M
Q1 24
$901.4M
$15.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AUTL
AUTL
FWDI
FWDI
Operating Cash FlowLast quarter
$-67.9M
$-7.9M
Free Cash FlowOCF − Capex
$-72.3M
FCF MarginFCF / Revenue
-341.2%
Capex IntensityCapex / Revenue
20.8%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-322.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AUTL
AUTL
FWDI
FWDI
Q4 25
$-7.9M
Q3 25
$-67.9M
$-4.5M
Q2 25
$-72.8M
$-1.2M
Q1 25
$-75.6M
$-537.6K
Q4 24
$-434.3K
Q3 24
$-76.7M
Q2 24
$-51.1M
$436.0K
Q1 24
$-40.5M
Free Cash Flow
AUTL
AUTL
FWDI
FWDI
Q4 25
Q3 25
$-72.3M
$-4.5M
Q2 25
$-80.1M
$-1.2M
Q1 25
$-83.8M
$-539.0K
Q4 24
$-439.7K
Q3 24
$-86.3M
Q2 24
$-51.9M
$426.8K
Q1 24
$-41.0M
FCF Margin
AUTL
AUTL
FWDI
FWDI
Q4 25
Q3 25
-341.2%
-57.0%
Q2 25
-382.6%
-50.0%
Q1 25
-933.1%
-17.3%
Q4 24
-6.6%
Q3 24
Q2 24
5.5%
Q1 24
-406.8%
Capex Intensity
AUTL
AUTL
FWDI
FWDI
Q4 25
0.0%
Q3 25
20.8%
0.3%
Q2 25
34.8%
0.8%
Q1 25
91.8%
0.0%
Q4 24
0.1%
Q3 24
Q2 24
0.1%
Q1 24
5.3%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AUTL
AUTL

Segment breakdown not available.

FWDI
FWDI

CODM$17.4M81%
Design Segment$4.1M19%

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