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Side-by-side financial comparison of Forward Industries, Inc. (FWDI) and TRANSACT TECHNOLOGIES INC (TACT). Click either name above to swap in a different company.

Forward Industries, Inc. is the larger business by last-quarter revenue ($21.4M vs $11.5M, roughly 1.9× TRANSACT TECHNOLOGIES INC). On growth, Forward Industries, Inc. posted the faster year-over-year revenue change (224.0% vs 11.9%). Over the past eight quarters, Forward Industries, Inc.'s revenue compounded faster (74.6% CAGR vs 3.5%).

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.

Roper Technologies, Inc. is a holding company that owns companies in the technology sector.

FWDI vs TACT — Head-to-Head

Bigger by revenue
FWDI
FWDI
1.9× larger
FWDI
$21.4M
$11.5M
TACT
Growing faster (revenue YoY)
FWDI
FWDI
+212.1% gap
FWDI
224.0%
11.9%
TACT
Faster 2-yr revenue CAGR
FWDI
FWDI
Annualised
FWDI
74.6%
3.5%
TACT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FWDI
FWDI
TACT
TACT
Revenue
$21.4M
$11.5M
Net Profit
$-585.7M
Gross Margin
78.6%
47.6%
Operating Margin
-2722.8%
-10.1%
Net Margin
-2732.2%
Revenue YoY
224.0%
11.9%
Net Profit YoY
-82611.5%
EPS (diluted)
$-5.91
$-0.11

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
FWDI
FWDI
TACT
TACT
Q4 25
$21.4M
$11.5M
Q3 25
$7.9M
$13.2M
Q2 25
$2.5M
$13.8M
Q1 25
$3.1M
$13.1M
Q4 24
$6.6M
$10.2M
Q3 24
$10.9M
Q2 24
$7.8M
$11.6M
Q1 24
$5.1M
$10.7M
Net Profit
FWDI
FWDI
TACT
TACT
Q4 25
$-585.7M
Q3 25
$-164.0M
$15.0K
Q2 25
$-850.0K
$-143.0K
Q1 25
$-1.5M
$19.0K
Q4 24
$-708.1K
Q3 24
$-551.0K
Q2 24
$-399.6K
$-319.0K
Q1 24
$-553.2K
$-1.0M
Gross Margin
FWDI
FWDI
TACT
TACT
Q4 25
78.6%
47.6%
Q3 25
61.1%
49.8%
Q2 25
48.2%
Q1 25
-5.7%
48.7%
Q4 24
17.1%
44.2%
Q3 24
48.1%
Q2 24
16.8%
52.7%
Q1 24
26.2%
52.6%
Operating Margin
FWDI
FWDI
TACT
TACT
Q4 25
-2722.8%
-10.1%
Q3 25
-39.2%
0.1%
Q2 25
-102.6%
-1.9%
Q1 25
-58.3%
-0.1%
Q4 24
-13.6%
-10.3%
Q3 24
-7.7%
Q2 24
-5.9%
-3.8%
Q1 24
-12.2%
-12.2%
Net Margin
FWDI
FWDI
TACT
TACT
Q4 25
-2732.2%
Q3 25
-2063.6%
0.1%
Q2 25
-34.1%
-1.0%
Q1 25
-46.5%
0.1%
Q4 24
-10.7%
Q3 24
-5.1%
Q2 24
-5.1%
-2.8%
Q1 24
-10.9%
-9.7%
EPS (diluted)
FWDI
FWDI
TACT
TACT
Q4 25
$-5.91
$-0.11
Q3 25
$-21.86
$0.00
Q2 25
$-0.77
$-0.01
Q1 25
$-1.32
$0.00
Q4 24
$-0.64
$-0.80
Q3 24
$-0.06
Q2 24
$-0.36
$-0.03
Q1 24
$-0.50
$-0.10

Balance Sheet & Financial Strength

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

Metric
FWDI
FWDI
TACT
TACT
Cash + ST InvestmentsLiquidity on hand
$20.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$880.9M
$31.1M
Total Assets
$892.9M
$44.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FWDI
FWDI
TACT
TACT
Q4 25
$20.4M
Q3 25
$20.0M
Q2 25
$17.7M
Q1 25
$14.2M
Q4 24
$14.4M
Q3 24
$11.3M
Q2 24
$11.1M
Q1 24
$10.6M
Stockholders' Equity
FWDI
FWDI
TACT
TACT
Q4 25
$880.9M
$31.1M
Q3 25
$1.5B
$31.8M
Q2 25
$3.4M
$31.3M
Q1 25
$3.6M
$30.9M
Q4 24
$2.3M
$30.6M
Q3 24
$38.4M
Q2 24
$1.4M
$38.5M
Q1 24
$1.8M
$38.6M
Total Assets
FWDI
FWDI
TACT
TACT
Q4 25
$892.9M
$44.8M
Q3 25
$1.5B
$45.0M
Q2 25
$8.3M
$44.5M
Q1 25
$12.3M
$44.2M
Q4 24
$44.0M
Q3 24
$50.5M
Q2 24
$15.2M
$50.4M
Q1 24
$15.2M
$51.9M

Cash Flow & Capital Efficiency

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

Metric
FWDI
FWDI
TACT
TACT
Operating Cash FlowLast quarter
$-7.9M
$609.0K
Free Cash FlowOCF − Capex
$589.0K
FCF MarginFCF / Revenue
5.1%
Capex IntensityCapex / Revenue
0.0%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FWDI
FWDI
TACT
TACT
Q4 25
$-7.9M
$609.0K
Q3 25
$-4.5M
$3.6M
Q2 25
$-1.2M
$3.6M
Q1 25
$-537.6K
$-161.0K
Q4 24
$-434.3K
$2.4M
Q3 24
$327.0K
Q2 24
$436.0K
$636.0K
Q1 24
$-1.5M
Free Cash Flow
FWDI
FWDI
TACT
TACT
Q4 25
$589.0K
Q3 25
$-4.5M
$3.6M
Q2 25
$-1.2M
$3.6M
Q1 25
$-539.0K
$-171.0K
Q4 24
$-439.7K
$2.4M
Q3 24
$259.0K
Q2 24
$426.8K
$499.0K
Q1 24
$-1.6M
FCF Margin
FWDI
FWDI
TACT
TACT
Q4 25
5.1%
Q3 25
-57.0%
27.1%
Q2 25
-50.0%
25.9%
Q1 25
-17.3%
-1.3%
Q4 24
-6.6%
23.2%
Q3 24
2.4%
Q2 24
5.5%
4.3%
Q1 24
-14.9%
Capex Intensity
FWDI
FWDI
TACT
TACT
Q4 25
0.0%
0.2%
Q3 25
0.3%
0.5%
Q2 25
0.8%
0.1%
Q1 25
0.0%
0.1%
Q4 24
0.1%
0.1%
Q3 24
0.6%
Q2 24
0.1%
1.2%
Q1 24
1.0%
Cash Conversion
FWDI
FWDI
TACT
TACT
Q4 25
Q3 25
242.00×
Q2 25
Q1 25
-8.47×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FWDI
FWDI

CODM$17.4M81%
Design Segment$4.1M19%

TACT
TACT

Segment breakdown not available.

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