Woodward Inc (WWD) financial statements: income statement, balance sheet and cash flow
Woodward Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Sep 30, 2025 · FY), Woodward Inc reported revenue of $3.6B (+7.3% year on year) and net income of $442.1M (+18.5% year on year).
Income statement
Woodward Inc income statement, fiscal years
Line item
Sep 30, 2025 · FY
Sep 30, 2024 · FY
Sep 30, 2023 · FY
Sep 30, 2022 · FY
Net sales
$3.6B
$3.3B
$2.9B
$2.4B
Cost of goods sold
$2.6B
$2.4B
$2.2B
$1.9B
Selling, general and administrative expenses
$329.8M
$307.5M
$269.7M
$203.0M
Research and development costs
$147.6M
$140.7M
$132.1M
$119.8M
Interest expense
$45.7M
$48.0M
$47.9M
$34.5M
Interest income
($4.2M)
($6.5M)
($2.8M)
($1.8M)
Other income expense, net
($84.0M)
($67.2M)
($50.3M)
($26.7M)
Total costs and expenses
$3.0B
$2.9B
$2.6B
$2.2B
Earnings before income taxes
$521.4M
$454.0M
$275.8M
$199.9M
Income tax expense
$79.3M
$81.0M
$43.4M
$28.2M
Net earnings
$442.1M
$373.0M
$232.4M
$171.7M
Basic earnings per share
$7.42
$6.21
$3.88
$2.79
Diluted earnings per share
$7.19
$6.01
$3.78
$2.71
Basic
59.6M
60.1M
59.9M
61.5M
Diluted
61.5M
62.1M
61.5M
63.3M
Woodward Inc income statement, quarters
Line item
Jun 30, 2026 · Q3
Mar 31, 2026 · Q2
Dec 31, 2025 · Q1
Jun 30, 2025 · Q3
Net sales
$1.1B
$1.1B
$996.5M
$915.4M
Cost of goods sold
$759.8M
$774.7M
$704.3M
$666.3M
Selling, general and administrative expenses
$106.5M
$102.3M
$95.0M
$88.7M
Research and development costs
$49.3M
$46.1M
$37.8M
$41.1M
Restructuring charges
$9.3M
$6.8M
—
—
Interest expense
$14.8M
$12.0M
$10.3M
$11.2M
Interest income
($611.0K)
($715.0K)
($701.0K)
($838.0K)
Other income, net
($22.9M)
($18.1M)
($19.4M)
($17.9M)
Total costs and expenses
$916.2M
$923.1M
$827.3M
$788.6M
Earnings before income taxes
$193.5M
$167.4M
$169.2M
$126.8M
Income tax expense
$46.8M
$33.4M
$35.4M
$18.4M
Net earnings
$146.7M
$134.0M
$133.7M
$108.4M
Basic earnings per share
$2.47
$2.25
$2.23
$1.82
Diluted earnings per share
$2.40
$2.19
$2.17
$1.76
Basic
59.4M
59.6M
59.8M
59.7M
Diluted
61.0M
61.3M
61.6M
61.5M
Balance sheet
Woodward Inc balance sheet, fiscal years
Line item
Sep 30, 2025 · FY
Sep 30, 2024 · FY
Sep 30, 2023 · FY
Sep 30, 2022 · FY
Cash and cash equivalents
$327.4M
$282.3M
$137.4M
—
Accounts receivable, less allowance for uncollectible amounts of $9,725 and $7,738, respectively
$831.1M
$770.1M
$749.9M
$610.0M
Inventories
$654.6M
$609.1M
$517.8M
$514.3M
Income taxes receivable
$1.6M
$22.0M
$14.1M
$5.2M
Other current assets
$69.7M
$60.2M
$50.2M
$74.7M
Total current assets
$1.9B
$1.7B
$1.5B
$1.3B
Property, plant and equipment, net
$986.6M
$940.7M
$913.1M
$910.5M
Goodwill
$832.3M
$806.6M
$791.5M
$772.6M
Intangible assets, net
$428.1M
$440.4M
$452.4M
$460.6M
Deferred income tax assets
$118.7M
$84.4M
$58.5M
$23.4M
Other assets
$380.0M
$353.1M
$325.3M
$327.4M
Total assets
$4.6B
$4.4B
$4.0B
$3.8B
Short-term debt
$122.3M
$217.0M
$0
$66.8M
Current portion of long-term debt
$122.9M
$85.7M
$75.8M
$856.0K
Accounts payable
$289.4M
$287.5M
$234.3M
$230.5M
Income taxes payable
$59.7M
$40.7M
$44.4M
$34.7M
Accrued liabilities
$313.1M
$292.6M
$262.6M
$206.3M
Total current liabilities
$907.4M
$923.5M
$617.2M
$539.1M
Long-term debt, less current portion
$457.0M
$569.8M
$645.7M
$709.8M
Deferred income tax liabilities
$107.7M
$121.9M
$132.8M
$127.2M
Other liabilities
$591.7M
$577.4M
$543.5M
$529.3M
Total liabilities
$2.1B
$2.2B
$1.9B
$1.9B
Preferred stock, par value $0.003 per share, 10,000 shares authorized, no shares issued
$0.00
$0.00
$0.00
—
Common stock, par value $0.001455 per share, 150,000 shares authorized, 72,960 shares issued
$106000.00
$106000.00
$106000.00
$106000.00
Additional paid-in capital
$482.3M
$396.6M
$327.9M
$293.5M
Accumulated other comprehensive losses
($10.4M)
($32.7M)
($70.7M)
($92.6M)
Deferred compensation
$1.7M
$2.7M
$2.8M
$6.8M
Retained earnings
$3.6B
$3.2B
$2.9B
$2.7B
Stockholders' equity
$4.1B
$3.6B
$3.2B
$2.9B
Treasury stock at cost, 13,060 shares and 13,787 shares, respectively
-1.5B
-1.4B
-1.1B
-1.0B
Treasury stock held for deferred compensation, at cost, 28 shares and 45 shares, respectively
-1.7M
-2.7M
-2.8M
-6.8M
Total stockholders' equity
$2.6B
$2.2B
$2.1B
$1.9B
Total liabilities and stockholders' equity
$4.6B
$4.4B
$4.0B
$3.8B
Woodward Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Dec 31, 2025
Jun 30, 2025
Cash and cash equivalents
$474.9M
$501.2M
$454.2M
$473.2M
Accounts receivable, less allowance for uncollectible amounts of $15,012 and $9,725, respectively
$1.0B
$931.2M
$796.8M
$829.6M
Inventories
$724.8M
$704.5M
$689.2M
$657.1M
Income taxes receivable
$43.9M
$69.7M
$44.9M
$35.9M
Assets held for sale
$20.0M
—
—
—
Other current assets
$62.6M
$65.3M
$64.0M
$65.4M
Total current assets
$2.3B
$2.3B
$2.0B
$2.1B
Property, plant and equipment, net
$1.1B
$1.0B
$1.0B
$942.1M
Goodwill
$894.0M
$825.5M
$832.1M
$813.8M
Intangible assets, net
$447.3M
$408.8M
$425.4M
$435.1M
Deferred income tax assets
$39.5M
$44.7M
$45.5M
$85.7M
Other assets
$389.4M
$383.4M
$379.6M
$374.0M
Total assets
$5.2B
$5.0B
$4.7B
$4.7B
Short-term debt
$592.4M
$623.0M
$383.0M
$353.0M
Current portion of long-term debt
$131.8M
$46.9M
$48.0M
$76.0M
Accounts payable
$329.0M
$305.9M
$270.0M
$284.0M
Income taxes payable
$65.2M
$54.5M
$52.4M
$35.8M
Accrued liabilities
$299.3M
$281.5M
$245.7M
$261.4M
Liabilities held for sale
$3.6M
—
—
—
Total current liabilities
$1.4B
$1.3B
$999.1M
$1.0B
Long-term debt, less current portion
$617.7M
$453.4M
$457.0M
$503.9M
Deferred income tax liabilities
$109.0M
$105.3M
$107.7M
$127.7M
Other liabilities
$574.7M
$573.2M
$582.6M
$601.5M
Total liabilities
$2.7B
$2.4B
$2.1B
$2.2B
Preferred stock, par value $0.003 per share, 10,000 shares authorized, no shares issued
$0.00
$0.00
$0.00
$0.00
Common stock, par value $0.001455 per share, 150,000 shares authorized, 72,960 shares issued
$106000.00
$106000.00
$106000.00
$106000.00
Additional paid-in capital
$559.9M
$544.9M
$497.8M
$473.3M
Accumulated other comprehensive losses
($22.9M)
($19.7M)
($4.7M)
($18.9M)
Deferred compensation
$1.9M
$1.9M
$1.9M
$1.8M
Retained earnings
$4.0B
$3.8B
$3.7B
$3.5B
Stockholders' equity
$4.5B
$4.4B
$4.2B
$3.9B
Treasury stock at cost, 13,731 shares and 13,060 shares, respectively
-2.0B
-1.8B
-1.6B
-1.5B
Treasury stock held for deferred compensation, at cost, 26 shares and 28 shares, respectively
-1.9M
-1.9M
-1.9M
-1.8M
Total stockholders' equity
$2.5B
$2.5B
$2.6B
$2.5B
Total liabilities and stockholders' equity
$5.2B
$5.0B
$4.7B
$4.7B
Cash flow statement
Woodward Inc cash flow statement, fiscal years
Line item
Sep 30, 2025 · FY
Sep 30, 2024 · FY
Sep 30, 2023 · FY
Sep 30, 2022 · FY
Net earnings
$442.1M
$373.0M
$232.4M
$171.7M
Depreciation and amortization
$113.3M
$116.2M
$119.7M
$120.6M
Net (gain) loss on sales of assets and businesses
($18.7M)
($457.0K)
$1.5M
($1.8M)
Stock-based compensation
$31.7M
$33.1M
$23.4M
$20.1M
Deferred income taxes
($52.4M)
($44.6M)
($40.2M)
($23.2M)
Trade accounts receivable
($11.5M)
$35.8M
($113.1M)
($54.4M)
Unbilled receivables (contract assets)
($38.5M)
($51.2M)
($23.9M)
($44.5M)
Costs to fulfill a contract
($14.8M)
($3.7M)
($11.5M)
($17.1M)
Inventories
($49.6M)
($84.9M)
$3.2M
($110.2M)
Accounts payable and accrued liabilities
$56.8M
$63.7M
$67.4M
$123.0M
Contract liabilities
($3.0M)
$31.5M
$20.1M
$12.5M
Income taxes
$32.0M
($18.1M)
($3.7M)
$29.6M
Retirement benefit obligations
($3.4M)
($1.8M)
($909.0K)
($4.4M)
Other
($12.7M)
($9.3M)
$34.0M
($28.3M)
Net cash provided by operating activities
$471.3M
$439.1M
$308.5M
$193.6M
Payments for purchase of property, plant, and equipment
($130.9M)
($96.3M)
($76.5M)
($52.9M)
Proceeds from sale of assets
$42.0K
$2.3M
$488.0K
$43.0K
Proceeds from business divestiture
$50.1M
$1.8M
—
$6.0M
Payments for business acquisition, net of cash acquired
($41.7M)
—
$878.0K
($21.5M)
Proceeds from sales of short-term investments
$2.9M
$9.7M
$7.7M
$12.6M
Net cash used in investing activities
($119.6M)
($89.2M)
($73.6M)
($65.4M)
Cash dividends paid
($65.0M)
($58.3M)
($51.0M)
($45.0M)
Proceeds from sales of treasury stock
$104.6M
$89.9M
$50.7M
$21.9M
Payments for repurchases of common stock
($172.9M)
($390.8M)
($126.4M)
($485.3M)
Borrowings on revolving lines of credit and short-term borrowings
$2.3B
$3.0B
$2.3B
$952.0M
Payments on revolving lines of credit and short-term borrowings
($2.4B)
($2.7B)
($2.4B)
($885.2M)
Payments of long-term debt and finance lease obligations
($86.0M)
($75.8M)
($779.0K)
($797.0K)
Net cash used in financing activities
($313.9M)
($218.0M)
($196.5M)
($442.4M)
Effect of exchange rate changes on cash and cash equivalents
$7.3M
$13.0M
($8.9M)
($26.4M)
Net change in cash and cash equivalents
$45.2M
$144.8M
$29.6M
($340.6M)
Cash and cash equivalents at beginning of year
$282.3M
$137.4M
$107.8M
$448.5M
Cash and cash equivalents at end of year
$327.4M
$282.3M
—
—
Woodward Inc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · YTD
Dec 31, 2025 · Q1
Jun 30, 2025 · YTD
Net earnings
$414.4M
$267.7M
$133.7M
$304.5M
Depreciation and amortization
$91.0M
$58.9M
$29.0M
$84.1M
Net loss (gain) on sale/disposal of assets and businesses
$7.3M
$36.0K
$18.0K
($19.5M)
Stock-based compensation
$28.7M
$21.1M
$7.0M
$25.5M
Deferred income taxes
$75.6M
$75.6M
$75.6M
($1.5M)
Trade accounts receivable
($133.7M)
($59.6M)
$64.6M
($15.3M)
Unbilled receivables (contract assets)
($70.1M)
($49.1M)
($30.8M)
($39.4M)
Costs to fulfill a contract
$4.1M
$5.7M
$2.8M
($11.4M)
Inventories
($69.5M)
($52.6M)
($34.5M)
($63.1M)
Accounts payable and accrued liabilities
$49.5M
$9.9M
($77.7M)
$12.4M
Contract liabilities
($11.2M)
($2.3M)
($10.8M)
($1.4M)
Income taxes
($35.5M)
($72.3M)
($50.7M)
($26.0M)
Retirement benefit obligations
($2.8M)
($2.0M)
($866.0K)
($2.7M)
Other
$4.1M
$4.2M
$7.1M
($8.3M)
Net cash provided by operating activities
$351.9M
$205.3M
$114.4M
$238.0M
Payments for purchase of property, plant, and equipment
($156.3M)
($96.7M)
($44.1M)
($78.5M)
Proceeds from sales of investments
$81.0K
$65.0K
—
$2.9M
Proceeds from business divestitures
$1.2M
—
—
$48.0M
Payments for acquisitions, net of cash acquired
($131.8M)
($2.8M)
($4.2M)
—
Net cash (used in) investing activities
($286.8M)
($99.5M)
($48.3M)
($27.5M)
Cash dividends paid
($54.9M)
($35.9M)
($16.8M)
($48.2M)
Proceeds from sales of treasury stock
$55.1M
$40.4M
$20.9M
$96.1M
Payments for repurchases of common stock
($553.4M)
($355.3M)
($129.4M)
($124.3M)
Borrowings on long-term debt
$250.0M
—
—
—
Borrowings on revolving lines of credit and short-term borrowings
$3.0B
$2.0B
$1.3B
$2.0B
Payments on revolving lines of credit and short-term borrowings
($2.5B)
($1.5B)
($994.0M)
($1.8B)
Payments of debt financing costs
($2.6M)
—
—
—
Payments of long-term debt and finance lease obligations
($75.8M)
($75.5M)
($75.3M)
($85.7M)
Net cash provided by (used in) financing activities
$88.8M
$74.4M
$60.2M
($26.1M)
Effect of exchange rate changes on cash and cash equivalents