- Forward Industries is focused on building and managing the worlds largest Solana (SOL) treasury, with a strategy that revolves around acquiring SOL and deploying it through various on-chain activities.
- FWDI recently finished the company’s first full reporting period under this new strategy and recently reported the company’s 2026 fiscal Q1 operating and financial results.
- The company has reached several key milestones and accomplishments recently, from expanding how the company participates on the Solana blockchain, to testing a proprietary automated market maker, and more.
Forward Industries (NASDAQ: FWDI), a Solana treasury company, recently finished the company’s first full reporting period as the world’s largest Solana treasury. In a recent announcement of the company’s fiscal first quarter 2026 operating and financial results, FWDI shared updates about the company, as well as detailing milestones and future plans (https://ibn.fm/RcNVx).
As of Dec. 31, 2025, Forward Industries has liqui SOL holdings of over 6.9 million, and almost all of the company’s SOL is staked. (As of the end of 2025, the company has generated over 112,171 SOL in staking rewards.)
Since the company adopted the SOL treasury strategy, FWDI’s validator infrastructure has generated between 6.5% and 7.2% gross annual percentage yield before fees, which outperforms many peer validators.
The company also reported that revenue for the first quarter of fiscal 2026 grew by more than 4X, going from $4.6 million in the prior-year period, up to $21.4 million, largely driven by the staking revenue earned through the company’s treasury strategy.
On the operations side, the company has recently launched fwdSOL, FWDI’s proprietary liquid staking token, and also began testing an automated market maker, which was developed alongside Galaxy.
Going forward, the company plans to focus on building an active and scalable operating platform that helps it enhance SOL-per-share over time. Also, as SOL continues to grow and be adopted as real financial infrastructure, Forward Industries believes the company is positioned well to evolve from just a treasury company to an active value-generating business that’s aligned with the growth of the SOL network.
In addition to the present being an exciting time for FWDI, there’s also plenty of excitement about the Solana blockchain in general. Recently, developers of the Solana blockchain have launched Solana Payments, which is a hub that aims to be an informational resource all about making payments with Solana. The platform shares insights, details about the ecosystem, and plenty of documentation, and also information about fees, settlement time, and more.
About Forward Industries Inc. (NASDAQ: FWDI)
Forward Industries is a company that’s managing and building a large-scale Solana treasury and is backed by some of the most influential investors in the digital space. It aims to create long-term shareholder value by actively participating in the Solana ecosystem by strategically deploying assets through on-chain opportunities like staking, lending, and decentralized finance (“DeFi”).
For more information, visit the company’s website at www.ForwardIndustries.com.
NOTE TO INVESTORS: The latest news and updates relating to FWDI are available in the company’s newsroom at https://ibn.fm/FWDI
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