Filing Flows › Woodward (WWD) › Q2 FY25
Woodward (WWD) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 1, 2025
Woodward (WWD) reported revenue of $884M for the second quarter fiscal 2025 (Q2 FY25), +6% from a year earlier and +14% from the quarter before. Operating margin was 15.0%, net earnings $109M (12.3% of revenue).
Woodward, Q2 FY25: revenue $884M (+6% year over year), operating margin 15.0%, net earnings $109M, operating cash flow $77.8M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $884M | +14% | +6% |
| Operating profit | $133M | +31% | +10% |
| Net earnings | $109M | +25% | +12% |
| Operating cash flow | $77.8M | +125% | -20% |
| Free cash flow | $59.4M | 63× | -28% |
What changed
Revenue was $883.6M in Q2 FY25, up 6% year over year and up 14% from the previous quarter. Aerospace was the largest line at 64% of revenue. Aerospace added $64.2M year over year (up 13%), 133% of the total change. Industrial declined 5%.
Operating profit was $133.0M, a 15.0% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 26% reached operating profit, above the 14% margin then. Total costs grew 5% against revenue growth of 6%. Net earnings were $108.9M, up 12% year over year. The effective tax rate was 18.1%.
Operating cash flow was $77.8M (down 20% year over year), 71% of net earnings. Non-cash charges added back $27.6M of depreciation and amortization and $12.7M of share-based compensation. Working capital and other items used $71.4M. Capital expenditures of $18.4M left free cash flow of $59.4M.
Questions
What was Woodward's revenue in the second quarter fiscal 2025?
Woodward (WWD) reported revenue of $884M for the second quarter fiscal 2025 (Q2 FY25), +6% from a year earlier and +14% from the quarter before.
Was Woodward profitable in the second quarter fiscal 2025?
Operating profit was $133M (15.0% of revenue) and net earnings $109M.
Source: Woodward 10-Q on SEC EDGAR.