Woodward, Inc. Earnings Recaps
Q1 2026
Feb 3, 2026
Woodward Inc. reported a strong start to fiscal year 2026, with a 29% year-over-year revenue increase and a 54% rise in earnings per share, driven by robust demand in aerospace and industrial segments.
Key takeaways
- Aerospace segment saw a significant 420 basis point margin improvement, with strong performance in commercial services and spare part provisioning.
- Industrial segment achieved a 410 basis point margin expansion, benefiting from growth in power generation and oil & gas sectors.
- The company is phasing out its underperforming China on-highway product line, aligning with long-term growth strategies.
- Woodward is investing in capacity expansion and operational improvements to better meet increasing customer demand and enhance service turnaround times.
- Full-year sales and earnings guidance has been raised, reflecting confidence in ongoing market strength and operational execution.
Q4 2025
Nov 25, 2025
Woodward, Inc. posted record annual revenues exceeding $3.5 billion for FY 2025, driven by notable growth in both aerospace and industrial segments, yielding all-time high adjusted EPS growth of nearly 13%.
Key takeaways
- Aerospace sales surged 14% year-over-year with a margin expansion of 290 basis points, reflecting strong defense OEM performance and increased demand for commercial services.
- Industrial revenue growth reached approximately 10%, excluding China, complemented by a core industrial margin improvement of 110 basis points.
- Strategic transaction to enhance electromechanical actuation capabilities and expanding Airbus partnerships bolstered future revenue potential.
- New facility construction in Spartanburg, SC, and expansion in Gladney are set to enhance production capacity and automation, positioning Woodward well for market demands.
- Overall, the company’s focused strategy and operational execution solidified its competitive edge in both aerospace and industrial markets.
Q3 2025
Jul 29, 2025
Woodward, Inc. reported strong third-quarter fiscal results, with record sales and earnings driven by robust demand across Aerospace and Industrial segments, prompting an upward revision of full-year guidance.
Key takeaways
- Record sales increased by 8% year-over-year, with earnings per share rising to $1.76.
- Aerospace segment achieved record sales growth of 15% and margin expansion to 21.1%.
- Industrial sales saw a 3% decline, but double-digit growth was noted when excluding certain factors.
- Announcement of a significant contract with Airbus for A350 spoiler control actuators marks a pivotal advancement in Woodward's product offerings.
- Acquisition of Safran's North American actuation business enhances Woodward’s capabilities and market position for upcoming aircraft programs.