Company data
Forward Industries, Inc. employees and revenue per employee
FWDI · Asset Management - Cryptocurrency · $541M market cap
Forward Industries, Inc. had 60 employees at the end of fiscal Sep 2025, down 40.0% from a year earlier. Revenue for the year was $18.2M, down 39.8% from a year earlier, or $303K per employee. Revenue fell, and headcount fell or held flat with it.
Employees
60
-40.0% YoY
Revenue
$18.2M
-39.8% YoY
Revenue / employee
$303K
Peer median $750K
Rank in sector
380 of 404
Financial Services
Headcount against revenue
Both lines start at 100 in the first year we hold, so you can see which one grew faster.
Hover a year for the numbers.
| Year ending | Employees | Revenue | Per employee | Staff YoY | Revenue YoY |
|---|---|---|---|---|---|
| Sep 2025 | 60 | $18.2M | $303K | -40.0% | -39.8% |
| Sep 2024 | 100 | $30.2M | $302K | +0.0% | -17.7% |
| Sep 2023 | 100 | $36.7M | $367K | +0.0% | -4.0% |
| Sep 2022 | 100 | $38.2M | $382K | +11.1% | -2.1% |
| Sep 2021 | 90 | $39.0M | $434K | +5.9% | +13.2% |
| Sep 2020 | 85 | $34.5M | $406K | +16.4% | -7.8% |
| Sep 2019 | 73 | $37.4M | $512K | +0.0% | +8.4% |
| Sep 2018 | 73 | $34.5M | $473K | +630.0% | +39.3% |
| Sep 2017 | 10 | $24.8M | $2.48M | -9.1% | -9.9% |
| Sep 2016 | 11 | $27.5M | $2.50M | — | — |
Open roles: we have not matched a verified job board for this company yet.
Forward Industries, Inc. against similar companies
The closest sector peers by revenue, from Financial Services.
| Company | Employees | Revenue | Revenue / employee | Shape |
|---|---|---|---|---|
| BMNR Bitmine Immersion Technologies, Inc. | 3 | $6.1M | $2.03M | Leaner |
| PURR Hyperliquid Strategies Inc Common Stock | 5 | $9.5M | $1.89M | — |
| SBET Sharplink, Inc. | 15 | $28.1M | $1.87M | Leaner |
| GAIN Gladstone Investment Corp. | 78 | $71.5M | $916K | Hiring into decline |
| JMSB John Marshall Bancorp, Inc. | 138 | $115M | $836K | Hiring ahead |
| FWDI Forward Industries, Inc. | 60 | $18.2M | $303K | Contracting |
| HBNC Horizon Bancorp, Inc. | 465 | $103M | $222K | Contracting |
| ASST Strive, Inc. | 28 | $5.7M | $205K | Efficient growth |
| SATA Strive Inc. Perp. Pfd. Series A | 28 | $5.7M | $205K | Hiring ahead |
Questions about Forward Industries, Inc.
- How many employees does Forward Industries, Inc. have?
- Forward Industries, Inc. reported 60 employees for the fiscal year ending Sep 2025, in the annual report it filed on December 11, 2025. That is down 40.0% from a year earlier.
- What is Forward Industries, Inc.'s revenue per employee?
- Forward Industries, Inc. brought in $18.2M of revenue in fiscal Sep 2025, which is $303K per employee. That ranks 380 of 404 companies we track in Financial Services, where the median is $750K.
- Where do these numbers come from?
- Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.
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Compare FWDI with the rest of the market
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Source: employee counts and revenue as stated in Forward Industries, Inc.'s annual reports (Form 10-K), latest filed December 11, 2025. This is data, not a recommendation to buy or sell FWDI.