Forward Industries, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michael D. Pruitt
- Full Time Employees
- 100
- Sector
- Consumer Cyclical
- Industry
- Apparel - Footwear & Accessories
- Address
- 700 Veterans Memorial Highway Hauppauge NY United States of America 11788
- IPO Date
- Nov 17, 1994
- CIK
- 0000038264
- Website
- forwardindustries.com
- Similar Companies
- Business
- Forward Industries, Inc. operates as a global design, manufacturing, sourcing, and distribution group specializing in carry and protective solutions. The company designs and manufactures soft goods, custom carrying cases, protective accessories, and smart technology-enabled products primarily for medical monitoring and diagnostic kits, portable electronics, and recreational equipment. Its design capabilities encompass hardware and software product development, including Internet of Things (IoT) and wearable technology solutions. Forward Industries serves original equipment manufacturers (OEMs) across the United States, Europe, and Asia-Pacific, with key operations in the United States, Poland, Germany, and China. Founded in 1961 and headquartered in Hauppauge, New York, the company’s product portfolio includes proprietary branded solutions and highly customized offerings tailored to the medical, electronics, and technology-driven markets. In the last two years, Forward Industries has strategically repositioned itself with a significant focus on digital asset management and treasury optimization, including a $1.65 billion private placement in cash and stablecoin commitments to advance its Solana treasury strategy. It rebranded its Nasdaq ticker symbol from FORD to FWDI in November 2025 to align with this new corporate focus. The company has acquired over 6.8 million SOL tokens and established a 25-member Crypto Advisory Board to enhance its Solana ecosystem participation, running an institutional-grade Solana validator on high-performance networks. Forward Industries authorized a $1 billion share repurchase program valid through September 2027 and filed a $4 billion at-the-market equity offering program to support capital growth and Solana token strategy expansion. Additionally, it has made notable operational improvements in tax optimization and staking infrastructure, driving shareholder value through these financial and strategic initiatives. The company's business segments include OEM Distribution, which sources and supplies carrying cases and accessories for medical and electronic devices, and Design, offering comprehensive product design, engineering, and technology services. Forward Industries continues to expand its market presence by leveraging strategic partnerships, innovative product development, and global supply chain capabilities, maintaining a competitive edge in highly regulated and evolving segments such as healthcare and consumer technology.
Forward Industries Set to Join the Russell 2000® and 3000® Indexes
Forward Industries Set to Join the Russell 2000® and 3000® Indexes
Forward Industries, Inc. (FWDI) Q2 2026 Earnings Call Transcript
Forward Industries Reports Fiscal Second Quarter 2026 Financial and Operating Results
Forward Industries and RockawayX Co-Lead Strategic Investment in OnRe to Accelerate Onchain Reinsurance on Solana
Forward Industries Schedules Fiscal Second Quarter 2026 Conference Call for May 14, 2026 at 5:00 p.m. ET
Forward Industries Schedules Fiscal Second Quarter 2026 Conference Call for May 14, 2026 at 5:00 p.m. ET
Forward Industries Appoints Mark Brazier as Chief Financial Officer
Forward Industries Announces Strategic Share Repurchase
Forward Industries, Inc. (FWDI) Q1 2026 Earnings Call Transcript
Forward Industries Reports Fiscal First Quarter 2026 Financial and Operating Results
Forward Industries Schedules Fiscal First Quarter 2026 Conference Call for February 12, 2026 at 5:00 p.m. ET
Forward Industries' SOL Holdings total over 6.97 Million SOL
Forward Industries and Superstate Launch Tokenized FWDI Public Shares on Solana
Forward Industries Reports Fiscal Year 2025 Financial Results
Forward Industries, Inc. (FWDI) Discusses Strategic Shift to Solana Digital Asset Treasury and Progress on SOL Holdings and Operations Transcript
Forward Industries Provides Shareholder Update Following the Launch of its Solana Treasury Strategy
Forward Industries Partners with Sanctum to Launch fwdSOL Liquid Staking Token
Forward Industries Appoints Ryan Navi as Chief Investment Officer
Forward Industries Appoints Georgia Quinn as General Counsel