Filing Flows › Woodward (WWD) › Q2 FY26 › vs Q2 FY25
Woodward (WWD) Q2 FY26 vs Q2 FY25 (year over year)
Woodward's revenue rose $207M (+23%) from $884M in Q2 FY25 to $1.1B in Q2 FY26. The biggest changes: Aerospace +$142M (+25%); Industrial +$65.3M (+20%). Operating margin 15.4% against 15.0% (+0.3 pts).
Woodward, Q2 FY26: revenue $1.1B (+23% year over year), operating margin 15.4%, net earnings $134M, operating cash flow $90.8M. The chart draws each line against Q2 FY25, the increases inside each band.
Margins
| Q2 FY26 | Q2 FY25 | Change | |
|---|---|---|---|
| Operating margin | 15.4% | 15.0% | +0.3 pts |
| Net margin | 12.3% | 12.3% | -0.0 pts |
| Free cash flow margin | 3.5% | 6.7% | -3.2 pts |
Every line
| Line | Q2 FY26 | Q2 FY25 | Change | % |
|---|---|---|---|---|
| Aerospace | $703M | $562M | $142M | +25% |
| Industrial | $387M | $322M | $65.3M | +20% |
| Revenue | $1.1B | $884M | $207M | +23% |
| Operating profit | $167M | $133M | $34.5M | +26% |
| Costs & expenses | $923M | $751M | $172M | +23% |
| Pre-tax earnings | $167M | $133M | $34.5M | +26% |
| Net earnings | $134M | $109M | $25.1M | +23% |
| Income tax | $33.4M | $24.0M | $9.4M | +39% |
| Depreciation & amortization | $29.9M | $27.6M | $2.3M | +8% |
| Share-based compensation | $14.1M | $12.7M | $1.4M | +11% |
| Working capital & other | $87.2M | $71.4M | $15.8M | +22% |
| Operating cash flow | $90.8M | $77.8M | $13.0M | +17% |
| Free cash flow (OCF − capex) | $38.2M | $59.4M | −$21.2M | -36% |
| Capital expenditures | $52.6M | $18.4M | $34.2M | +186% |
Questions
How much did Woodward's revenue grow year over year in Q2 FY26?
Woodward's revenue rose $207M (+23%) from $884M in Q2 FY25 to $1.1B in Q2 FY26.
What drove Woodward's revenue change in Q2 FY26?
Aerospace +$142M (+25%); Industrial +$65.3M (+20%).