Woodward, Inc.WWDEarnings & Financial Report
Woodward, Inc. is an American designer, manufacturer, and service provider of control systems and control system components for aircraft, aircraft engines, industrial engines and turbines, power generation and mobile industrial equipment. The company also provides military devices and other equipment for defense.
WWD Q2 FY2026 Key Financial Metrics
Revenue
$1.1B
Gross Profit
$315.9M
Operating Profit
$167.4M
Net Profit
$134.0M
Gross Margin
29.0%
Operating Margin
15.4%
Net Margin
12.3%
YoY Growth
23.4%
EPS
$2.19
Woodward, Inc. Q2 FY2026 Financial Summary
Woodward, Inc. reported revenue of $1.1B (up 23.4% YoY) for Q2 FY2026, with a net profit of $134.0M (up 22.9% YoY) (12.3% margin). Cost of goods sold was $774.7M, operating expenses totaled $148.5M.
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $134.0M |
| Gross Margin | 29.0% |
| Operating Margin | 15.4% |
| Report Period | Q2 FY2026 |
Woodward, Inc. Annual Revenue by Year
Woodward, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.6B).
Woodward, Inc. Quarterly Revenue & Net Profit History
Woodward, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $1.1B | +23.4% | $134.0M | 12.3% |
| Q1 FY2026 | $996.5M | +29.0% | $133.7M | 13.4% |
| Q4 FY2025 | $995.3M | +16.5% | $137.6M | 13.8% |
| Q3 FY2025 | $915.4M | +8.0% | $108.4M | 11.8% |
| Q2 FY2025 | $883.6M | +5.8% | $108.9M | 12.3% |
| Q1 FY2025 | $772.7M | -1.8% | $87.1M | 11.3% |
| Q4 FY2024 | $854.5M | +10.0% | $83.3M | 9.7% |
| Q3 FY2024 | $847.7M | +5.9% | $102.1M | 12.0% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $847.7M | $854.5M | $772.7M | $883.6M | $915.4M | $995.3M | $996.5M | $1.09B |
| YoY Growth | 5.9% | 10.0% | -1.8% | 5.8% | 8.0% | 16.5% | 29.0% | 23.4% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.32B | $4.37B | $4.28B | $4.49B | $4.71B | $4.63B | $4.73B | $4.97B |
| Liabilities | $2.16B | $2.19B | $2.07B | $2.16B | $2.24B | $2.06B | $2.15B | $2.44B |
| Equity | $2.16B | $2.18B | $2.21B | $2.34B | $2.47B | $2.57B | $2.59B | $2.53B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $153.2M | $141.8M | $34.5M | $77.8M | $125.6M | $233.3M | $114.4M | $91.0M |