Woodward, Inc. (WWD) — Financial statements
Income statement, balance sheet, and cash flow for Woodward, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,567↑7.3% | 3,324↑14.1% | 2,915↑22.3% | 2,383↑6.1% | 2,246 | |
| Cost of Revenue | 2,611↑6.7% | 2,448↑9.4% | 2,237↑20.4% | 1,857↑9.6% | 1,695 | |
| Gross Profit | 956↑9.1% | 876↑29.4% | 678↑29.0% | 525↓4.7% | 551 | |
| Operating Expenses | ||||||
| R&D Expenses | 148↑4.9% | 141↑6.5% | 132↑10.3% | 120↑2.3% | 117 | |
| General & Administrative Expenses | 0.00 | 0.00↑100.0% | -11↑8.9% | -12↓60.5% | -7 | |
| Selling & Marketing Expenses | 0.00 | 0.00↓100.0% | 270↑32.8% | 203↑8.6% | 187 | |
| SG&A Expenses | 298↑0.6% | 296↑14.1% | 259↑35.4% | 191↑6.6% | 180 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 445↑2.0% | 436↑11.5% | 391↑25.7% | 311↑4.9% | 297 | |
| Total Costs & Expenses | 3,056↑6.0% | 2,884↑9.7% | 2,628↑21.2% | 2,169↑8.9% | 1,992 | |
| Operating Results | ||||||
| Operating Income | 511↑16.2% | 440↑53.7% | 286↑33.7% | 214↓15.8% | 254 | |
| Depreciation & Amortization | 113↓2.5% | 116↓3.0% | 120↓0.7% | 121↓6.9% | 130 | |
| EBITDA | 680↑22.3% | 556↑37.0% | 406↑21.3% | 335↓12.8% | 384 | |
| EBIT | 567↑28.9% | 440↑53.7% | 286↑33.7% | 214↓15.8% | 254 | |
| Interest & Other Income | ||||||
| Net Interest Income | -42↑0.0% | -42↑8.1% | -45↓37.9% | -33↑0.2% | -33 | |
| Interest Income | 4↓35.1% | 6↑134.8% | 3↑51.7% | 2↑21.3% | 1 | |
| Interest Expense | 46↓4.7% | 48↑0.1% | 48↑38.7% | 35↑0.8% | 34 | |
| Non-Operating Income | -56 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 10↓26.5% | 14↑231.5% | -11↑25.5% | -14↓66.7% | -9 | |
| Income Before Tax | 521↑14.9% | 454↑64.6% | 276↑38.0% | 200↓18.7% | 246 | |
| Income Tax Expense | 79↓2.1% | 81↑86.6% | 43↑53.9% | 28↓24.1% | 37 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 442↑18.5% | 373↑60.5% | 232↑35.3% | 172↓17.7% | 209 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 442↑18.5% | 373↑60.5% | 232↑35.3% | 172↓17.7% | 209 | |
| Bottom-Line Net Income | 442↑18.5% | 373↑60.5% | 232↑35.3% | 172↓17.7% | 209 | |
| EPS (Basic) | 7.42↑19.5% | 6.21↑60.1% | 3.88↑39.1% | 2.79↓15.5% | 3.30 | |
| EPS (Diluted) | 7.19↑19.6% | 6.01↑59.0% | 3.78↑39.5% | 2.71↓14.8% | 3.18 | |
| Weighted Average Shares | 60↓0.9% | 60↑0.3% | 60↓2.6% | 62↓2.8% | 63 | |
| Weighted Average Diluted Shares | 61↓1.0% | 62↑1.0% | 61↓2.8% | 63↓3.5% | 66 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.