The financials
Woodward, Inc. by the numbers
Woodward, Inc. (WWD) reported revenue of $1.11B in Q3 2026 (quarter ended June 30, 2026), up 21% from the same quarter a year earlier. That came with a gross margin of 32% and net income of $147M (13% of revenue). For the full year FY2025, revenue was $3.57B (+7.3% year on year) and net income $442M. Its largest product in 2026-Q1 was Commercial Aftermarket at $275M, 25% of the disclosed total, just ahead of Commercial OEM at 20%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $1.11B | $915M | +21% |
| Gross profit | $350M | $249M | +40% |
| Net income | $147M | $108M | +35% |
| Diluted EPS | $2.40 | $1.76 | +36% |
| Product | Revenue | Share |
|---|---|---|
| Commercial Aftermarket | $275M | 25% |
| Commercial OEM | $218M | 20% |
| Transportation | $177M | 16% |
| Defense Aftermarket | $151M | 14% |
| Power Generation | $136M | 12% |
| Oil And Gas | $74M | 6.8% |
| Defense OEM | $59M | 5.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.09B (+9.4%)
Defense Aftermarket grew +177% year on yearDefense OEM -57% year on year
Segment Latestquarter on quarteryear on year
- Commercial Aftermarket$275.4M$275.4MQoQ +12%year on year +36%+12%+36%
- Commercial OEM$218.0M$218.0MQoQ +16%year on year +30%+16%+30%
- Transportation$176.9M$176.9MQoQ +6.4%year on year +34%+6.4%+34%
- Defense Aftermarket$150.9M$150.9MQoQ +137%year on year +177%+137%+177%
- Power Generation$135.9M$135.9MQoQ +11%year on year +7.4%+11%+7.4%
- Oil And Gas$74.5M$74.5MQoQ +2.8%year on year +18%+2.8%+18%
- Defense OEM$59.0M$59.0MQoQ -57%year on year -57%-57%-57%
Aerospace & Defense
Ranks #19 of 48 by Smart Score