Financials · WWD

Woodward Inc. (WWD) financials

For the twelve months ended Jun 30, 2026, Woodward Inc. reported $4.19B of revenue and $552.03M of net income.

Revenue, TTM
$4.19B
Revenue growth, YoY
+22.3%
Net income, TTM
$552.03M
Net income growth, YoY
+42.4%
Net margin
13.2%
Free cash flow, TTM
$376.53M
EPS, diluted, TTM
$8.99
EPS growth, YoY
+42.2%
Cash
$474.85M
Total debt
$749.51M
P/E
35.61
P/S
4.69
Market cap
$19.66B
Annual revenue$3.57B
FY2016FY2025
Annual net income$442.11M
FY2016FY2025
Annual free cash flow$340.37M
FY2016FY2025

WWD revenue and earnings growth

WWD revenueQ3 2026$1.11B

Quarter YoY
+21.2%
QoQ
+1.8%
FY YoY
+7.3%
5Y CAGR
+7.4%
10Y CAGR
+5.8%

WWD revenue was $1.11B in fiscal Q3 2026 (ended Jun 30, 2026), up 21.2% from a year earlier and up 1.8% from the prior quarter. For the full fiscal 2025 it was $3.57B, up 7.3% from fiscal 2024. Compound annual growth was +7.4% over 5 years and +5.8% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

WWD net incomeQ3 2026$146.68M

Quarter YoY
+35.2%
QoQ
+9.4%
FY YoY
+18.5%
5Y CAGR
+13.0%
10Y CAGR
+9.3%

WWD net income was $146.68M in fiscal Q3 2026 (ended Jun 30, 2026), up 35.2% from a year earlier and up 9.4% from the prior quarter. For the full fiscal 2025 it was $442.11M, up 18.5% from fiscal 2024. Compound annual growth was +13.0% over 5 years and +9.3% over 10 years. It rose in 5 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

WWD EPSQ3 2026$2.40

Quarter YoY
+36.4%
QoQ
+9.6%
FY YoY
+19.6%
5Y CAGR
+14.0%
10Y CAGR
+10.1%

WWD diluted EPS was $2.40 in fiscal Q3 2026 (ended Jun 30, 2026), up 36.4% from a year earlier and up 9.6% from the prior quarter. For the full fiscal 2025 it was $7.19, up 19.6% from fiscal 2024. Compound annual growth was +14.0% over 5 years and +10.1% over 10 years.

WWD free cash flowQ3 2026$87.06M

Quarter YoY
-12.1%
QoQ
+127.7%
FY YoY
-0.7%
5Y CAGR
+2.4%
10Y CAGR
+43.2%

WWD free cash flow was $87.06M in fiscal Q3 2026 (ended Jun 30, 2026), down 12.1% from a year earlier and up 127.7% from the prior quarter. For the full fiscal 2025 it was $340.37M, down 0.7% from fiscal 2024. Compound annual growth was +2.4% over 5 years and +43.2% over 10 years. It rose in 6 of the last 10 fiscal years.

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Income statement

Income statement
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Revenue$3.57B$3.32B$2.91B$2.38B$2.25B$2.50B$2.90B$2.33B$2.10B$2.02B
Cost of revenue$2.61B$2.45B$2.24B$1.86B$1.69B$1.86B$2.19B$1.72B$1.53B$1.48B
Gross profit$956.29M$876.48M$677.58M$525.30M$551.06M$640.24M$707.54M$603.07M$571.12M$539.12M
Research and development$147.57M$140.68M$132.09M$119.78M$117.09M$133.13M$159.11M$148.28M$126.52M$126.17M
Selling, general and admin$329.82M$307.50M$269.69M$203.00M$186.87M$217.71M$211.21M$193.74M$177.32M$174.02M
Interest expense$45.69M$47.96M$47.90M$34.55M$34.28M$35.81M$44.00M$40.47M$35.64M$26.78M
Pre-tax income$521.41M$453.97M$275.77M$199.90M$245.80M$281.88M$320.61M$219.58M$252.75M$226.49M
Income tax$79.30M$81.00M$43.40M$28.20M$37.15M$41.49M$61.01M$39.20M$52.24M$45.65M
Net income$442.11M$372.97M$232.37M$171.70M$208.65M$240.40M$259.60M$180.38M$200.51M$180.84M
EPS, basic$7.42$6.21$3.88$2.79$3.30$3.86$4.19$2.93$3.27$2.92
EPS, diluted$7.19$6.01$3.78$2.71$3.18$3.74$4.02$2.82$3.16$2.85
Diluted shares61.5M62.1M61.5M63.3M65.6M64.2M64.5M63.9M63.5M63.6M

Balance sheet

Balance sheet
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Cash and equivalents$327.43M$282.27M$137.45M$107.84M$448.46M$153.27M$99.07M$83.59M$87.55M$81.09M
Receivables$477.32M$457.23M$485.23M$368.77M$322.12M$364.55M$416.20M$422.84M--
Inventory$654.61M$609.09M$517.84M$514.29M$419.97M$437.94M$516.84M$549.60M$473.50M$461.68M
Current assets$1.88B$1.74B$1.47B$1.31B$1.46B$1.21B$1.27B$1.11B$1.02B$944.42M
Goodwill$832.29M$806.64M$791.47M$772.56M$805.33M$808.25M$797.85M$813.25M$556.54M$555.68M
Total assets$4.63B$4.37B$4.01B$3.81B$4.09B$3.90B$3.96B$3.79B$2.76B$2.64B
Current liabilities$907.39M$923.51M$617.20M$539.11M$366.26M$392.33M$707.44M$591.18M$427.23M$480.61M
Short-term debt$122.93M$85.72M$75.82M$856.0K$728.0K$101.63M$220.00M$153.63M$0$150.00M
Long-term debt$456.97M$569.75M$645.71M$709.76M$734.12M$736.85M$864.90M$1.09B$580.29M$577.15M
Total debt$579.90M$655.47M$721.53M$710.62M$734.85M$838.48M$1.08B$1.25B$580.29M$727.15M
Total liabilities$2.06B$2.19B$1.94B$1.91B$1.88B$1.91B$2.23B$2.25B$1.39B$1.43B
Shareholders' equity$2.57B$2.18B$2.07B$1.90B$2.21B$1.99B$1.73B$1.54B$1.37B$1.21B

Cash flow

Cash flow
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Operating cash flow$471.29M$439.09M$308.54M$193.64M$464.67M$349.49M$390.61M$299.29M$307.54M$435.38M
Capital expenditures$130.93M$96.28M$76.50M$52.87M$37.69M$47.09M$99.07M$127.14M$92.34M$175.69M
Free cash flow$340.37M$342.81M$232.04M$140.77M$426.98M$302.40M$291.54M$172.15M$215.20M$259.69M
Investing cash flow-$119.55M-$89.22M-$73.55M-$65.45M-$35.30M-$6.88M-$102.53M-$896.57M-$91.87M-$173.95M
Financing cash flow-$313.93M-$218.05M-$196.47M-$442.38M-$136.32M-$290.24M-$265.60M$606.00M-$211.81M-$260.99M
Share repurchases$172.86M$390.82M$126.38M$485.30M$33.34M$13.35M$110.31M$0$71.75M$125.54M
Stock-based compensation$31.67M$33.05M$23.38M$20.11M$21.48M$22.90M$18.15M$18.23M$17.28M$15.12M
Depreciation and amortization$113.28M$116.17M$119.74M$120.63M$129.52M$131.16M$142.00M$116.13M$80.92M$69.04M

Key ratios

Key ratios
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Revenue growth, YoY7.3%14.1%22.3%6.1%-10.0%-13.9%24.7%10.8%3.7%-0.7%
Net income growth, YoY18.5%60.5%35.3%-17.7%-13.2%-7.4%43.9%-10.0%10.9%-0.3%
EPS growth, YoY19.6%59.0%39.5%-14.8%-15.0%-7.0%42.6%-10.8%10.9%3.6%
Gross margin26.8%26.4%23.2%22.0%24.5%25.7%24.4%25.9%27.2%26.6%
Net margin12.4%11.2%8.0%7.2%9.3%9.6%9.0%7.8%9.6%8.9%
Free cash flow margin9.5%10.3%8.0%5.9%19.0%12.1%10.1%7.4%10.3%12.8%
Return on equity17.2%17.1%11.2%9.0%9.4%12.1%15.0%11.7%14.6%14.9%
Return on assets9.5%8.5%5.8%4.5%5.1%6.2%6.6%4.8%7.3%6.8%
Current ratio2.081.892.382.434.003.091.801.892.391.97
Debt to equity0.230.300.350.370.330.420.630.810.420.60

Source: XBRL data Woodward Inc. files with the SEC, latest filing dated Jul 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

WWD peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
WWD$4.19B+22.3%$552.03M13.2%$19.66B
ASML€32.67B+15.6%€9.61B29.4%$583.23B
LRCX$26.13B+33.4%$8.45B32.3%$276.45B
TMO$47.35B+8.3%$7.07B14.9%$267.38B
DE$47.98B+8.0%$4.87B10.2%$186.39B
DHR$25.61B+5.5%$4.33B16.9%$165.41B
ETN$31.98B+20.1%$3.90B12.2%$139.59B
JCI$24.43B+5.1%$3.53B14.5%$85.71B
ITW$16.65B+4.8%$3.23B19.4%$81.49B

WWD FAQ

9 questions
  • What is WWD revenue?
    Woodward Inc. (WWD) reported $4.19B of revenue for the twelve months ended Jun 30, 2026. That is up 22.3% from the year before. Revenue for fiscal 2025 was $3.57B.
  • Is WWD profitable?
    Yes. Woodward Inc. earned $552.03M in net income for the twelve months ended Jun 30, 2026, a net margin of 13.2%.
  • How much cash and debt does WWD have?
    Woodward Inc. reported $474.85M in cash and cash equivalents and $749.51M of debt on its most recent balance sheet in SEC filings.
  • How fast is WWD revenue growing?
    Woodward Inc.'s revenue changed +7.3% in fiscal 2025, to $3.57B. Its compound annual growth rate was +7.4% over 5 years and +5.8% over 10 years.
  • What is WWD gross margin?
    Woodward Inc.'s gross profit was $1.24B on $4.19B of revenue for the twelve months ended Jun 30, 2026, a gross margin of 29.5%.
  • What is WWD free cash flow?
    Woodward Inc. generated $376.53M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $585.25M less capital expenditures.
  • What is WWD earnings per share?
    Diluted earnings per share were $8.99 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did WWD last report financial results?
    The latest statements here come from Woodward Inc.'s 10-Q filed on Jul 30, 2026, covering the period ended Jun 30, 2026.
  • Where does this WWD financial data come from?
    Quantisnow builds these statements from the structured XBRL data Woodward Inc. files with the SEC. It is provided for information only and is not investment advice.