The financials
Woodward, Inc. by the numbers
Woodward, Inc. (WWD) reported revenue of $1.11B in Q3 2026 (quarter ended Jun 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 Q3 2026 was Commercial Aftermarket at $268M, 24% of the disclosed total, just ahead of Commercial OEM at 21%.
| 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 | $268M | 24% |
| Commercial OEM | $234M | 21% |
| Transportation | $180M | 16% |
| Power Generation | $145M | 13% |
| Defense OEM | $141M | 13% |
| Oil And Gas | $76M | 6.9% |
| Defense Aftermarket | $66M | 5.9% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q3 2026Total $1.11B (+1.8%)
Transportation grew +40% year on yearDefense OEM -6.4% year on year
Segment Latestquarter on quarteryear on year
- Commercial Aftermarket$267.8M$267.8MQoQ -2.7%year on year +24%-2.7%+24%
- Commercial OEM$234.4M$234.4MQoQ +7.5%year on year +34%+7.5%+34%
- Transportation$180.2M$180.2MQoQ +1.8%year on year +40%+1.8%+40%
- Power Generation$144.7M$144.7MQoQ +6.5%year on year +19%+6.5%+19%
- Defense OEM$140.7M$140.7MQoQ +139%year on year -6.4%+139%-6.4%
- Oil And Gas$76.2M$76.2MQoQ +2.3%year on year +11%+2.3%+11%
- Defense Aftermarket$65.7M$65.7MQoQ -56%year on year +20%-56%+20%
Aerospace & Defense
Ranks #15 of 33 by Smart Score