NASDAQ$FWDI

Forward Industries Inc · Q3 2026 earnings

Q3 2026 earnings · · After market close

Briefing

Forward Industries Inc reported revenue of $10.8 million and a net loss of $69.0 million for Q3 2026 driven by digital asset volatility.

The company generated $10.8 million in revenue, primarily from Solana staking activities in its digital assets segment, while recording a $70.3 million operating loss. Significant losses on digital assets of $49.8 million and impairments of $15.2 million led to a net loss of $69.0 million for the quarter ended June 30, 2026.

  • Revenue rose to $10.8 million from $2.5 million year-over-year, with $7.3 million from digital asset staking.
  • Gross profit reached $6.7 million with a 62.2% margin, up sharply from negative margin in the prior year.
  • Net loss widened to $69.0 million due to $49.8 million loss on digital assets and $15.2 million in impairments.
  • Cash balance stood at $11.0 million with total assets of $602.5 million at quarter end.

Headline financials

Total Revenue

$10.8M

Previous: $2.49M+332.1%
EPS (adj)

-$0.80

Previous: -$0.77-3.9%
Net Income

-$69M

Previous: -$850K-8012.6%
Operating Income

-$70.3M

Previous: -$2.56M-2644.9%
Gross Profit

$6.7M

Previous: -$621K+1179.6%
Cash & Equivalents

$11M

No prior period
Total Assets

$603M

No prior period

Revenue & EPS history

Forward Industries Inc · Revenue · Quarterly

$10.8M

Q3 2026+332.1%vs Q3 2025
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Revenue by segment

Forward Industries Inc · $10.8M total across 2 segments · Q3 2026

  • Digital Assets
    $7.35M
  • Design
    $3.44M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

+0.8%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-1.1%

Avg return

30 days after

42%

11 / 26 earnings

Positive

+9.3%

Q3 2025

Best reaction

-5.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026+9.2%-12.5%-8.2%
Q1 2026-1.4%-3.7%-4.3%
Q3 2025+9.3%-18.0%+169.2%
Q2 2025-1.2%-9.4%-22.0%
Q1 2025+2.3%-5.9%-37.1%
Q3 2024-5.0%-5.2%-3.4%
Q2 2024+0.0%+0.0%+0.0%
Q1 2024+0.0%-6.7%-38.7%
Q3 2023+1.1%-5.7%-8.0%
Q2 2023-1.0%-2.9%-2.0%
Q1 2023-2.9%-8.1%-22.1%
Q3 2022+3.5%+3.5%-14.6%
Q2 2022+0.0%+0.0%+11.7%
Q1 2022+0.6%+5.7%+0.6%
Q3 2021-1.9%-6.9%-7.7%
Q2 2021-3.1%+7.0%+28.5%
Q1 2021+7.1%+20.9%-12.8%
Q3 2020-0.7%+33.1%+4.3%
Q2 2020+0.7%-5.1%-8.8%
Q1 2020+0.0%-2.6%-13.2%
Q3 2019+0.9%+1.8%+7.3%
Q2 2019+0.0%-4.2%-20.1%
Q1 2019+1.8%-0.6%-8.5%
Q3 2018+1.8%-13.7%-9.5%
Q2 2018+0.0%-3.8%-7.5%
Q3 2016+0.0%-2.0%-2.0%
Q2 2016
Q1 2016

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro