Company / Shares Outstanding
Forward Industries, Inc. Shares Outstanding History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
6.8M
FY2025
5-year range
1.1M / 10.4M
FY2021-FY2025
Trend
+516.8%
vs FY2024
Sector context
#372 of 379
Financials
What the data says
Shares Outstanding changed +517% YoY in FY2025, a notable deviation from the 9-year average annual change of +49%.
Based on SEC 10-K filings.
6791173.00 in FY2025 with a 5-year CAGR of -6.7%.
Increased from 1101069.00 to 6791173.00 over the past 2 years.
Financials sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- -12.7%
- 5-Year CAGR
- -6.7%
- 10-Year CAGR
- -
Sector benchmark
Top 2% in FinancialsTop 2% of 379This company 6.8M Sector average 216.5M
▼
-96.9% below sector average
Key checks
Key Insights
- In FY2025, shares outstanding increased 516.8% year-over-year.
- Ranks #372 out of 379 companies in the Financials sector.
- Peak shares outstanding was recorded in FY2021.
- Lowest shares outstanding in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score 128.18 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 6.8M | +516.8% |
| FY2024 | 1.1M | +0.0% |
| FY2023 | 1.1M | -89.2% |
| FY2022 | 10.2M | -2.3% |
| FY2021 | 10.4M | +9.0% |
| FY2020 | 9.6M | +0.5% |
| FY2019 | 9.5M | +1.9% |
| FY2018 | 9.4M | +6.0% |
| FY2017 | 8.8M | +1.7% |
| FY2016 | 8.7M | +4.0% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026