Quarterly ResultApr 29, 2026, 04:02 PM
WWD Q2 Net Sales $1.1B, +23%; EPS $2.19, +23%; FY26 Guidance Raised
AI Summary
Woodward, Inc. reported strong financial results for its second quarter ended March 31, 2026, with net sales increasing 23% to $1.091 billion and net earnings up 23% to $134 million. Both Aerospace and Industrial segments showed robust growth, driven by strong demand and execution. Based on this performance and continued demand strength, the company raised its full-year 2026 sales growth guidance to 20-23% and adjusted EPS guidance to $9.15-$9.45.
Key Highlights
- WWD Q2 Net Sales $1.091B, +23% YoY
- WWD Q2 Net Earnings $134M, +23% YoY
- WWD Q2 EPS $2.19, +23% YoY
- Aerospace segment sales $703M, +25% YoY
- Industrial segment sales $387M, +20% YoY
- FY26 Sales Growth guidance raised to 20-23% (from 14-18%)
- FY26 Adjusted EPS guidance raised to $9.15-$9.45 (from $8.20-$8.60)
- Q2 Free Cash Flow $38M, -36% YoY