Woodward, Inc. revenue by segment WWD

Annual Quarterly

Woodward, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Sep 30, 2025 was Aerospace at $2.3 billion, 65% of the total. By sales mix, the largest line in fiscal 2025, which ended Sep 30, 2025 was Commercial Aftermarket at $823.5 million, 23% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Sep 30, 2025	FY 2024 Sep 30, 2024	FY 2023 Sep 30, 2023	FY 2022 Sep 30, 2022	FY 2021 Sep 30, 2021	FY 2020 Sep 30, 2020	FY 2019 Sep 30, 2019	FY 2018 Sep 30, 2018	FY 2017 Sep 30, 2017	FY 2016 Sep 30, 2016
Revenue	4,192	3,567	3,324	2,915	2,383	2,246	2,496	2,900	2,326	2,099	2,023
Operating segments
Aerospace	2,708 +22.9% share 64.6%	2,313 +14.0% share 64.8%	2,029 +14.7% share 61.0%	1,768 +16.4% share 60.7%	1,519 +8.2% share 63.8%	1,404 -11.7% share 62.5%	1,591 -15.4% share 63.7%	1,881 share 64.8%	—	—	—
Industrial	1,484 +21.4% share 35.4%	1,254 -3.2% share 35.2%	1,296 +13.0% share 39.0%	1,146 +32.8% share 39.3%	863 +2.6% share 36.2%	842 -7.0% share 37.5%	905 -11.3% share 36.3%	1,020 share 35.2%	—	—	—
Sales mix
Commercial Aftermarket	1,031 +36.5% share 24.6%	824 +28.5% share 23.1%	641 +17.0% share 19.3%	548 +30.1% share 18.8%	421 +37.3% share 17.7%	307 -23.3% share 13.6%	400 -19.7% share 16.0%	498 share 17.2%	—	—	—
Commercial OEM	835 +20.8% share 19.9%	691 -6.4% share 19.4%	738 +13.4% share 22.2%	651 +30.4% share 22.3%	499 +29.2% share 21.0%	387 -11.0% share 17.2%	434 -34.1% share 17.4%	659 share 22.7%	—	—	—
Defense OEM	590 +12.0% share 14.1%	561 +38.0% share 15.7%	407 +10.4% share 12.2%	369 -12.6% share 12.6%	422 -17.2% share 17.7%	510 -3.1% share 22.7%	526 -0.7% share 21.1%	530 share 18.3%	—	—	—
Transportation	662 +37.6% share 15.8%	507 -18.8% share 14.2%	625 +18.4% share 18.8%	527 +48.7% share 18.1%	355 -11.1% share 14.9%	399 share 17.8%	—	—	—	—	—
Power Generation	529 +7.3% share 12.6%	489 +10.2% share 13.7%	444 +16.0% share 13.3%	383 +20.7% share 13.1%	317 +8.4% share 13.3%	292 share 13.0%	—	—	—	—	—
Oil And Gas	293 +18.2% share 7.0%	258 +13.5% share 7.2%	227 -3.9% share 6.8%	236 +23.3% share 8.1%	192 +27.6% share 8.0%	150 share 6.7%	—	—	—	—	—
Defense Aftermarket	253 +9.0% share 6.0%	237 -2.3% share 6.6%	243 +21.0% share 7.3%	201 +13.3% share 6.9%	177 -12.0% share 7.4%	201 -12.7% share 9.0%	231 +19.2% share 9.2%	193 share 6.7%	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Electrical Industrial Apparatus (SIC 3620)
Listed as: WWD (Nasdaq)
Fiscal year ends: September 30
Incorporated in: DE
Headquarters: Fort Collins, CO
SEC filer status: Large accelerated filer
SEC CIK: 108312
Former names: WOODWARD GOVERNOR CO (until Jan 25, 2011)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.