FWDI Shares Outstanding History — Forward Industries Share Count Over Time

As of 1/31/2026 Forward Industries has 83.14 million FWDI shares outstanding. Investors often track the FWDI shares outstanding history to compare shareholder return trends against the change in share count over time.

This page shows FWDI share count trends over time, with 3 historical shares outstanding datapoints presented, dating back to 1/31/2025.

Quick links: Shares Outstanding History Table  |  Shares Outstanding History Chart  |  About Forward Industries
FWDI Shares Outstanding History



Below is a table of the FWDI shares outstanding history going back to 1/31/2025:

Date FWDI Shares Outstanding
1/31/20251.10M
12/5/202586.46M
1/31/202683.14M

Also see: FWDI Market Cap History
FWDI YTD Return
FWDI Historical Shares Outstanding:
+7450.76% CAGR
FWDI Historical Shares Outstanding: +7450.76% CAGR

Mouse over chart for data details
1/31/2025 ...1/31/2026
Forward Industries, Inc. is a global company focused on design, sourcing, and distribution in the medical and technology sectors. It operates through two main segments: OEM distribution and design. The design segment provides hardware and software engineering services primarily to U.S. clients, while the OEM distribution segment sources and sells carrying cases and accessories for medical diagnostic kits and portable devices to OEMs and their contract manufacturers worldwide. The company also includes subsidiaries like Forward Industries (IN), Inc. and Forward Industries (Switzerland) GmbH. We show 3 historical shares outstanding datapoints in our coverage of FWDI's shares outstanding history.

Understanding the changing numbers of FWDI shares outstanding — and comprehending the concept of differing number of shares outstanding in general comparing companies like FWDI versus peers — is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies. Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history. With this page we aim to empower investors researching FWDI by allowing them to research FWDI shares outstanding history as well as any other stock in our coverage universe.
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Video: Shares Outstanding Importance
Forward Industries (FWDI) is categorized under the Materials sector; to help you further research historical shares outstanding numbers, below are some other companies in the same sector:

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