Forward Industries, Inc.

FORDNASDAQConsumer Cyclical

$9.12

+$0.19(+2.13%)

Market Cap$15673513

P/E Ratio—

52W High$46

52W Low$3.32

Avg Volume635K

Open$8.75

Beta0.52

Net Income Financials Revenue

Forward Industries, Inc. (FORD) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

FORD · net income · updated Jun 8, 2026

Core profitability metrics

FORD · net income · margin · TTM · CAGR

Net income was −$167.0M for FY2025 (fiscal year ending 2025-09-30), down 8460.2% year-over-year. Net profit margin was -918.1%. Based on available data, Forward Industries, Inc. has been profitable since at least 2016.

FY2025 Net Income−$167.0M▼ -8460.2% YoY

Trailing 12M (TTM)−$1.03Btrailing 4 quarters sum

Net Profit Margin-918.1%−$167.0M ÷ $18.2M

YoY Change-8460.2%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2016

▸ FMP /income-statement · Annual · FORD net income history · FORD profit margin

Annual net income data

FORD · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025Loss−$167.0M▼ 8460.2%-918.1%$18.2M

FY2024Loss−$2.0M▲ +47.8%-6.5%$30.2M

FY2023Loss−$3.7M▼ 171.1%-10.2%$36.7M

FY2022Loss−$1.4M▼ 363.1%-3.3%$42.3M

FY2021$523,805▲ +129.5%1.3%$39.0M

Net income vs peers (Consumer Cyclical)

FORD vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Forward Industries, Inc.YOU

FORD

−$167.0M-8460.2%-918.1%

Loss

Toyota Motor Corporation

$4.08T-14.4%7.6%

100%

Alibaba Group Holding Limited

Consumer Cyclical · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Forward Industries, Inc. (FORD) reported net income of −$167.0M for FY2025 (fiscal year ending 2025-09-30), down 8460.2% year-over-year. The net profit margin was -918.1% — meaning the company kept $-9.18 of every dollar of revenue as profit.

Based on available data, Forward Industries, Inc. has been profitable since at least 2016. Net income reached a peak of $1.4M in FY2018. Data available for 15 fiscal years.

Forward Industries, Inc.'s net profit margin was -918.1% for FY2025, based on the latest annual results.

Investors sometimes search for "Forward Industries, Inc. net worth" — the company's market capitalization is a separate figure from FORD net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

FORD net income · 4 questions

Forward Industries, Inc. is not currently profitable on an annual basis. The company reported a net loss of $167.0M for FY2025.

is FORD profitabledoes FORD make a profitFORD profitabilityFORD profitable company

▸ Source: FMP /income-statement · GAAP · Forward Industries, Inc. · Forward Industries, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026