
• Reported GAAP EPS of $2.25 up 22.95% YoY • Reported revenue of $1.09B up 23.42% YoY • Woodward is raising its fiscal year 2026 guidance, with sales growth now projected up 20% to 23% and Adjusted EPS expected to be $9.15 to $9.45, reflecting confidence in the second half outlook.
Bullish
Woodward reported strong Q2 FY26 results with net sales up 23%, driven by robust demand and execution across both Aerospace and Industrial segments, which saw significant sales and earnings growth.
Bearish
Woodward experienced a 36% decrease in free cash flow and a 186% increase in capital expenditures in Q2 FY26, alongside a 68% rise in nonsegment expense, including restructuring charges.