
Forward Industries, Inc. (FWDI) Q3 2026 Earnings Call Transcript
Forward Industries, Inc., designs, manufactures, sources, markets, and distributes carry and protective solutions. The company is headquartered in Hauppauge, New York.
| Revenue (TTM) | $53.12M |
| Gross Profit (TTM) | $37.48M |
| EBITDA | $10.17M |
| Operating Margin | -6.75% |
| Return on Equity | -461.40% |
| Return on Assets | 2.05% |
| Revenue/Share (TTM) | $0.70 |
| Book Value | $7.23 |
| Price-to-Book | 0.67 |
| Price-to-Sales (TTM) | 5.94 |
| EV/Revenue | 7.92 |
| EV/EBITDA | 20.80 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 332.10% |
| Shares Outstanding | $73.75M |
| Float | $69.84M |
| % Insiders | 30.78% |
| % Institutions | 55.03% |
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Forward Industries, Inc. (FWDI) Q3 2026 Earnings Call Transcript

Management to Host Conference Call Today at 5:00 p.m. Eastern Time AUSTIN, TX, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward”), the leading Solana treasury company, today announced its financial and operating results for its fiscal third quarter ended June 30, 2026, along with an update on its SOL treasury strategy.

AUSTIN, TX, July 29, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward”), the leading Solana treasury company, today announced that it will host a conference call on Wednesday, August 12, 2026, at 5:00 p.m. Eastern Time to discuss its financial and operating results for the fiscal third quarter ended June 30, 2026, along with an update on its SOL treasury strategy. The Company plans to release its financial results in a press release prior to the call.

THIS IS AN ANNOUNCEMENT UNDER RULE 2.8 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE “IRISH TAKEOVER RULES”).

AUSTIN, TX, July 15, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward Industries”), the leading Solana treasury company, today announced the appointment of Michael Ashe, currently Chief Strategy Officer at Galaxy Digital, to its Board of Directors. Mr. Ashe previously served as a board observer and will now join the Board as a director, effective immediately.

The Company increased SOL-per-fully diluted share by 36% annualized to 0.0729 vs. 0.0669 prior quarter AUSTIN, TX, July 01, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward Industries”), the leading Solana treasury company, today announced that it acquired over 500,000 SOL during fiscal Q3 of 2026 at an average purchase price of approximately $79 per SOL, increasing its total Solana treasury to 7.55M SOL as of June 30, 2026.

FORM 8.1(a) & (b) (Opening Position Disclosure) IRISH TAKEOVER PANEL AUSTIN, TX, June 24, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) 1. KEY INFORMATION (a) Full name of discloser: Forward Industries, Inc. (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient.

AUSTIN, TX, June 15, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) today confirms that it made a non-binding proposal to the Board of Directors of Solana Company regarding an all-stock business combination. On June 12th, HSDT responded that its board voted to decline Forward's offer and chose to not engage in further discussion. We are disappointed and surprised that the HSDT board has chosen to reject Forward's offer without any discussion or communication. We believe that opening up a dialogue is in the best interest of both companies and their respective shareholders.

AUSTIN, TX, June 15, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) today confirms that it made a non-binding proposal to the Board of Directors of SkyAI, Inc. regarding an all-stock business combination under which SKYA stockholders would receive 0.367 newly-issued shares of Forward common stock for each share of SKYA common stock, representing a premium of approximately 20% to SKYA's closing share price of $1.29 on the day immediately preceding the date of our proposal, or $1.55 per share. SKYA did not respond to the proposal by its expiration at the close of business on Friday, June 12, 2026. We are disappointed and surprised by the lack of response from the SKYA team and strongly believe that engaging in discussions with Forward is in the best interest of both SKYA and its shareholders.

AUSTIN, TX, June 15, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) today confirms that it made a non-binding proposal to the Board of Directors of Solana Company regarding an all-stock business combination. On June 12th, HSDT responded that its board voted to decline Forward's offer and chose to not engage in further discussion. We are disappointed and surprised that the HSDT board has chosen to reject Forward's offer without any discussion or communication. We believe that opening up a dialogue is in the best interest of both companies and their respective shareholders.
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