Forward Industries Quarterly Balance Sheet
NASDAQ: FWDIFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Forward Industries financial position
As of Jun 30, 2026, Forward Industries reported total assets of $602.5 million, up 7164.4% from a year earlier against total liabilities of $128.3 million. Shareholders' equity stood at $474.2 million, or 78.7% of assets. The company held $11.0 million in cash and equivalents.
The current ratio (current assets divided by current liabilities) was 0.17, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Forward Industries balance sheet (quarterly)
| Quarter (USD) | Q3 20262026-06-30 | Q2 20262026-03-31 | Q1 20262025-12-31 | Q4 20252025-09-30 | Q3 20252025-06-30 | Q2 20252025-03-31 | Q1 20252024-12-31 | Q4 20242024-09-30 | Q3 20242024-06-30 | Q2 20242024-03-31 | Q1 20242023-12-31 | Q4 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 10.97M | 16.63M | 25.39M | 38.17M | 1.26M | 1.80M | 2.61M | 2.78M | 2.56M | 2.26M | 3.03M | 3.18M |
| Receivables | 1.92M | 2.42M | 2.99M | 1.64M | 1.19M | 1.78M | 4.86M | 2.31M | 6.49M | 6.48M | 6.53M | 6.97M |
| Inventory | — | — | — | — | — | — | 752.97K | 490.00K | 243.31K | 308.89K | 405.23K | 334.38K |
| Total Current Assets | 22.12M | 21.62M | 62.95M | 41.22M | 3.57M | 7.67M | 8.62M | 9.65M | 9.73M | 9.51M | 10.49M | 11.37M |
| Property, Plant & Equipment | 57.95K | 78.78K | 98.69K | 124.33K | 153.85K | 164.76K | 194.03K | 218.03K | 234.71K | 254.97K | 265.35K | 274.05K |
| Goodwill | — | — | — | 0 | 1.33M | 1.33M | 1.33M | 1.56M | 1.76M | 1.76M | 1.76M | 1.76M |
| Intangible Assets | — | — | — | 0 | 520.82K | 574.01K | 627.20K | 680.39K | 733.58K | 786.76K | 839.95K | 893.14K |
| Total Assets | 602.53M | 608.51M | 892.95M | 1.47B | 8.29M | 12.34M | 13.49M | 14.77M | 15.23M | 15.19M | 16.34M | 17.39M |
| Accounts Payable | 283.51K | 274.52K | 382.60K | 433.04K | 208.81K | 137.41K | 194.95K | 103.58K | 144.55K | 147.52K | 392.20K | 518.89K |
| Total Current Liabilities | 127.77M | 54.58M | 10.08M | 2.72M | 2.35M | 6.45M | 8.79M | 9.37M | 11.30M | 10.80M | 11.31M | 10.84M |
| Long-Term Debt | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 | 1.10M |
| Total Liabilities | 128.32M | 57.06M | 12.08M | 4.82M | 4.94M | 8.76M | 11.21M | 11.80M | 13.84M | 13.42M | 14.03M | 14.77M |
| Shareholders' Equity | 474.21M | 551.46M | 880.86M | 1.47B | 3.35M | 3.58M | 2.28M | 2.97M | 1.39M | 1.77M | 2.31M | 2.62M |
| Retained Earnings | -1.12B | -1.06B | -772.26M | -186.61M | -22.65M | -21.80M | -20.35M | -19.64M | -18.99M | -18.59M | -18.04M | -17.69M |
| Total Debt | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 | 1.10M |
| Net Cash (Debt) | 10.97M | 16.63M | 25.39M | 38.17M | 1.26M | 1.80M | 2.61M | 2.78M | 2.56M | 2.26M | 3.03M | 2.08M |
| Shares Outstanding | 73.85M | 76.31M | 84.92M | 86.15M | 1.13M | 1.10M | 1.10M | 1.10M | 1.10M | 10.06M | 10.06M | 1.10M |
This table shows 12 quarterly periods of Forward Industries's balance sheet, from Q3 2026 back to Q4 2023, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow FWDI's reporting calendar. What is a balance sheet?