Filing Flows › Woodward (WWD) › Guidance history
Woodward (WWD) guidance history: what it guided and what it reported
Woodward gave guidance in 12 earnings releases on file since Jan 29, 2024. Of 3 guided periods since reported, it met or beat its own guidance 3 times (100%). Revenue: 2 of 2, on average +1.5% against the guided midpoint. Its releases raised guidance 8 times and lowered it twice.
Revenue
Met or beat 2 of 2 periods (1 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY25 | $3.3B–$3.5B (Feb 3, 2025) → reaffirmed $3.3B–$3.5B (Apr 28, 2025) → raised $3.5B–$3.5B (Jul 28, 2025) | $3.6B | above the range | +2.3% |
| FY24 | $3.1B–$3.2B (Jan 29, 2024) → raised $3.1B–$3.3B (Apr 29, 2024) → raised $3.2B–$3.4B (Jul 29, 2024) | $3.3B | within the range | +0.7% |
Tax rate
Met or beat 1 of 1 periods (0 above, 0 within, 1 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | 22.0% (Nov 24, 2025) → reaffirmed 22.0% (Feb 2, 2026) | — | to be reported | — |
| FY25 | 20.0% (Nov 25, 2024) | 15.2% | below the range | -4.8 pts |
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | 22.0% (Apr 29, 2026) | — | to be reported | — |
| FY25 | 20.0% (Feb 3, 2025) → lowered 19.0% (Apr 28, 2025) → lowered 17.0% (Jul 28, 2025) → raised 19.0% (Jul 30, 2025) | — | — | — |
| FY24 | 21.0% (Jan 29, 2024) → reaffirmed 21.0% (Apr 29, 2024) → lowered 20.0% (Jul 29, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | $290M (Nov 24, 2025) → reaffirmed $290M (Feb 2, 2026) | — | to be reported | — |
| FY25 | $115M (Nov 25, 2024) → reaffirmed $115M (Feb 3, 2025) → reaffirmed $115M (Apr 28, 2025) | $131M (GAAP) | not judged | — |
| FY24 | $100M (Jan 29, 2024) → reaffirmed $100M (Apr 29, 2024) → reaffirmed $100M (Jul 29, 2024) | $96.3M (GAAP) | not judged | — |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | $7.50–$8.00 (Nov 24, 2025) → reaffirmed $7.50–$8.00 (Feb 2, 2026) | — | to be reported | — |
| FY25 | $5.75–$6.25 (Nov 25, 2024) → raised $5.95–$6.25 (Jul 30, 2025) | — | — | — |
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | $300M–$350M (Nov 24, 2025) → reaffirmed $300M–$350M (Feb 2, 2026) → reaffirmed $300M–$350M (Apr 29, 2026) → reaffirmed $300M–$350M (Jul 29, 2026) | — | to be reported | — |
| FY25 | $350M–$400M (Nov 25, 2024) → reaffirmed $350M–$400M (Feb 3, 2025) → reaffirmed $350M–$400M (Apr 28, 2025) | $340M (GAAP) | not judged | — |
The latest quarter
Woodward, Q3 FY26: revenue $1.1B (+21% year over year), operating margin 17.4%, net earnings $147M, operating cash flow $147M. The chart follows the revenue to costs, profit and cash.
Questions
Does Woodward beat its guidance?
Woodward gave guidance in 12 earnings releases on file since Jan 29, 2024. Of 3 guided periods since reported, it met or beat its own guidance 3 times (100%). Revenue: 2 of 2, on average +1.5% against the guided midpoint.
How often does Woodward raise guidance?
Its earnings releases raised guidance 8 times and lowered it twice since Jan 29, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.