Forward Industries Inc (FWDI) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Forward Industries Inc   (NASDAQ: FWDI)

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Description of Forward Industries Inc's Business Segments


The registrant operates a design segment that provides comprehensive capabilities under one roof, competing with various design and engineering companies in specific industries or specialized skills. In September 2025, the registrant initiated a digital asset treasury strategy primarily focused on acquiring Solana (SOL) and other digital assets. This strategy includes market purchases of SOL, staking holdings through validators, and generating revenue via partnerships within the Solana ecosystem. The Treasury Policy allocates a significant portion of the balance sheet to digital assets, mainly SOL and Solana ecosystem tokens, resulting in a high concentration of these assets. The digital asset treasury sector is competitive and evolving, with companies expanding holdings beyond Bitcoin to include assets such as Ethereum and SOL. Market volatility may create consolidation opportunities for larger, stable companies. The registrant's treasury business specifically concentrates on SOL and the Solana ecosystem.


Composition of Forward Industries Inc Revenues by Segments

 
Digital Assets Segment    315.96 % of total Revenue
Design Segment    103.12 % of total Revenue

Q3 three months ended (Jun 30 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Digital Assets Segment 34.06 315.96 %
Design Segment 11.12 103.12 %
Total 10.78 100 %




Q3 three months ended (Jun 30 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Digital Assets Segment - -
Design Segment - 206.48 %
Total - -16.83 %




Q3 three months ended (Jun 30 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total -68.96 -




Q3 three months ended (Jun 30 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total - -




Annual Report on Forward Industries Inc Divisions, Sales by Country

 
Digital Assets Segment   Digital Assets Segment Segment contribution to total sales 25.19 % of total Revenue
Design Segment   Design Segment Segment contribution to total sales 74.81 % of total Revenue


Twelve months ended 2025
FWDI s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Digital Assets Segment 4.58 25.19 %
Design Segment 13.61 74.81 %
Total 18.19 100 %


Twelve months ended 2025
FWDI s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Digital Assets Segment 4.41 96.29 %
Design Segment 0.78 5.73 %
Total -166.97 -

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Design Segment -31.94 % -84.97 %



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