Woodward Inc (WWD) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Woodward Inc   (NASDAQ: WWD)

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Description of Woodward Inc's Business Segments


Woodward Inc. is a global leader in the design and manufacturing of control systems and components, primarily serving the aerospace and energy sectors. The company organizes its operations into two primary segments: Aerospace and Energy, each of which includes a diverse range of products and services. Below is an extensive overview of these segments and their international operations.

Aerospace Segment

The Aerospace segment of Woodward Inc. is dedicated to designing, manufacturing, and servicing a broad array of systems and products that manage fuel, air, combustion, and motion control. The product portfolio in this segment includes:

- Main Fuel Pumps: Essential for delivering fuel to engines, these pumps are critical for ensuring efficient engine performance in both commercial and military aircraft.
- Metering Units: These units regulate the flow and pressure of fuel to ensure optimal combustion efficiency.
- Actuators: Used to control various mechanical systems, including thrust management and flight control surfaces.
- Air Valves and Specialty Valves: Integral components that manage airflow to and from the engines and other systems within the aircraft.
- Fuel Nozzles: Designed for precise atomization of fuel to enhance combustion efficiency in turbine engines.
- Thrust Reverser Actuation Systems: Vital for aircraft landing, allowing for controlled deceleration by redirecting engine thrust.
- Flight Deck Controls, Servocontrols, and Sensors: These components provide pilots with critical information and allow them to control flight operations accurately.

The companys products are used across a variety of applications, including commercial aircraft, helicopters, military fixed-wing aircraft, rotorcraft, and defense systems. Woodward maintains significant content on numerous aircraft platforms, including popular models such as the Airbus A320, Boeing 737, and Boeing 78 In the military domain, the company supports systems like the Blackhawk and Apache helicopters, as well as advanced fighter jets such as the F-18 and F-35, and tactical weapon systems like the JDAM.

Revenue Generation
Woodwards Aerospace revenues stem from multiple channels:
- Original Equipment Manufacturers (OEMs): Sales of integrated systems and components.
- Tier-One Suppliers and Prime Contractors: Collaborative partnerships for supplying major components.
- Aftermarket Sales: This includes sales of provisioning spares, replacements, and conducting repair, overhaul, and maintenance services for commercial airlines, military depots, and third-party repair facilities.

Energy Segment

The Energy segment specializes in the development, production, and servicing of systems and products aimed at managing fuel, air, fluids, gases, electricity, motion, and combustion. The diverse range of products includes:

- Actuators and Valves: Used for controlling the flow and pressure of gases and fluids in various systems.
- Pumps and Injectors: Essential for fuel management in turbines and engines.
- Solenoids and Ignition Systems: Critical for starting and regulating the performance of engines.
- Speed Controls and Electronics/Software: Provide precise control over machinery operations, ultimately enhancing efficiency.
- Power Converters: Facilitate the conversion of energy forms, crucial for various applications, including renewable energy systems.
- Measuring and Protection Devices: These systems ensure safe and effective operation within electrical distribution networks.

Applications for these products span across several domains, including:
- Industrial Gas Turbines (heavy frame and aeroderivative)
- Steam Turbines and Reciprocating Engines
- Electric Power Generation and Distribution Systems
- Wind Turbines
- Marine, Mobile, and Industrial Equipment

Revenue Generation
Similar to the Aerospace segment, the Energy segments revenues originate from multiple sources:
- Sales to OEMs: Supplying components for new equipment.
- Aftermarket Products and Services: Offering replacements and maintenance support.
- Independent Distributor Network: Utilizing third-party channels to reach end users effectively.

International Operations

Woodward Inc. operates on a global scale, with facilities and services extending across North America, Europe, Asia, and other international markets. This includes manufacturing plants, service centers, and a network of distributors that enable the company to cater to its diverse customer base efficiently.

In international markets, Woodward collaborates closely with global OEMs and regional suppliers, ensuring that its products meet local regulatory standards and customer specifications. The company actively engages in research and development to innovate solutions that align with emerging trends in aerospace, renewable energy, and advanced manufacturing. Furthermore, Woodwards global footprint allows it to leverage regional expertise and resources, enhancing its competitiveness in the international landscape.

Through its commitment to quality and service excellence across both segments, Woodward Inc. continues to strengthen its presence in domestic and international markets, driving revenue growth and maintaining operational efficiency.


Composition of Woodward Inc Revenues by Segments

 
Aerospace    64.49 % of total Revenue
Industrial    35.51 % of total Revenue
Point In Time    45.81 % of total Revenue
Point In Time Aerospace    25.54 % of total Revenue
Point In Time Industrial    20.27 % of total Revenue
Over Time    54.19 % of total Revenue
Over Time Aerospace    38.95 % of total Revenue
Over Time Industrial    15.24 % of total Revenue
Material Rights    45.06 % of total Revenue
Aerospace Commercial OEM    19.99 % of total Revenue
Aerospace Commercial services    25.25 % of total Revenue
Aerospace Defense OEM    5.41 % of total Revenue
Aerospace Defense services    13.84 % of total Revenue
Industrial Power Generation    12.46 % of total Revenue
Industrial Transportation    16.22 % of total Revenue
Industrial Oil and Gas    6.83 % of total Revenue

Q2 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Aerospace 703.32 64.49 %
Industrial 387.25 35.51 %
Point In Time 499.63 45.81 %
Point In Time Aerospace 278.56 25.54 %
Point In Time Industrial 221.07 20.27 %
Over Time 590.94 54.19 %
Over Time Aerospace 424.77 38.95 %
Over Time Industrial 166.18 15.24 %
Material Rights 491.44 45.06 %
Aerospace Commercial OEM 218.02 19.99 %
Aerospace Commercial services 275.37 25.25 %
Aerospace Defense OEM 59.00 5.41 %
Aerospace Defense services 150.93 13.84 %
Industrial Power Generation 135.87 12.46 %
Industrial Transportation 176.91 16.22 %
Industrial Oil and Gas 74.46 6.83 %
Total 1,090.57 100 %




Q2 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Aerospace 25.21 % 10.78 %
Industrial 20.3 % 7.11 %
Point In Time 24.34 % 6.85 %
Point In Time Aerospace 24.9 % 9.82 %
Point In Time Industrial 23.64 % 3.32 %
Over Time 22.65 % 11.74 %
Over Time Aerospace 25.41 % 11.41 %
Over Time Industrial 16.13 % 12.6 %
Material Rights -3.91 % -3.03 %
Aerospace Commercial OEM 30.19 % 16 %
Aerospace Commercial services 36.42 % 12.44 %
Aerospace Defense OEM -57.22 % -57.32 %
Aerospace Defense services 177.05 % 136.5 %
Industrial Power Generation 7.42 % 10.61 %
Industrial Transportation 33.93 % 6.38 %
Industrial Oil and Gas 17.59 % 2.84 %
Total 23.42 % 9.44 %




Q2 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total 134.01 12.29 %




Q2 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total 23.01 % 0.22 %




Annual Report on Woodward Inc Divisions, Sales by Country

 
Aerospace   Aerospace Segment contribution to total sales 64.84 % of total Revenue
Industrial   Industrial Segment contribution to total sales 35.16 % of total Revenue
Point In Time   Point In Time Segment contribution to total sales 45.68 % of total Revenue
Point In Time Aerospace   Point In Time Aerospace Segment contribution to total sales 25.7 % of total Revenue
Point In Time Industrial   Point In Time Industrial Segment contribution to total sales 19.98 % of total Revenue
Over Time   Over Time Segment contribution to total sales 54.32 % of total Revenue
Over Time Aerospace   Over Time Aerospace Segment contribution to total sales 39.14 % of total Revenue
Over Time Industrial   Over Time Industrial Segment contribution to total sales 15.18 % of total Revenue
Material Rights   Material Rights Segment contribution to total sales 14.4 % of total Revenue
Aerospace Commercial OEM   Aerospace Commercial OEM Segment contribution to total sales 19.37 % of total Revenue
Aerospace Defense OEM   Aerospace Defense OEM Segment contribution to total sales 15.74 % of total Revenue
Industrial Power Generation   Industrial Power Generation Segment contribution to total sales 13.71 % of total Revenue
Industrial Transportation   Industrial Transportation Segment contribution to total sales 14.22 % of total Revenue
Industrial Oil and Gas   Industrial Oil and Gas Segment contribution to total sales 7.23 % of total Revenue
United States   United States Segment contribution to total sales 53.67 % of total Revenue
Germany   Germany Segment contribution to total sales 7.72 % of total Revenue
Europe excluding Germany   Europe excluding Germany Segment contribution to total sales 15.86 % of total Revenue
China   China Segment contribution to total sales 8.01 % of total Revenue
Asia excluding China   Asia excluding China Segment contribution to total sales 6.99 % of total Revenue
Other Countries   Other Countries Segment contribution to total sales 7.76 % of total Revenue
Aerospace United States   Aerospace United States Segment contribution to total sales 44.44 % of total Revenue
Aerospace Germany   Aerospace Germany Segment contribution to total sales 2.04 % of total Revenue
Aerospace Europe excluding Germany   Aerospace Europe excluding Germany Segment contribution to total sales 6.29 % of total Revenue
Aerospace China   Aerospace China Segment contribution to total sales 4.15 % of total Revenue
Aerospace Asia excluding China   Aerospace Asia excluding China Segment contribution to total sales 1.74 % of total Revenue
Aerospace Other Countries   Aerospace Other Countries Segment contribution to total sales 6.18 % of total Revenue
Aerospace Commercial Services   Aerospace Commercial Services Segment contribution to total sales 23.09 % of total Revenue
Aerospace Defense Services   Aerospace Defense Services Segment contribution to total sales 6.64 % of total Revenue
Industrial United States   Industrial United States Segment contribution to total sales 9.23 % of total Revenue
Industrial Germany   Industrial Germany Segment contribution to total sales 5.68 % of total Revenue
Industrial Europe excluding Germany   Industrial Europe excluding Germany Segment contribution to total sales 9.57 % of total Revenue
Industrial China   Industrial China Segment contribution to total sales 3.86 % of total Revenue
Industrial Asia excluding China   Industrial Asia excluding China Segment contribution to total sales 5.25 % of total Revenue
Industrial Other Countries   Industrial Other Countries Segment contribution to total sales 1.58 % of total Revenue
Direct Sales to U S Government   Direct Sales to U S Government Segment contribution to total sales 2.86 % of total Revenue
Direct Sales to U S Government Aerospace   Direct Sales to U S Government Aerospace Segment contribution to total sales 2.67 % of total Revenue
Direct Sales to U S Government Industrial   Direct Sales to U S Government Industrial Segment contribution to total sales 0.19 % of total Revenue
Indirect Sales to U S Government   Indirect Sales to U S Government Segment contribution to total sales 17.26 % of total Revenue
Indirect Sales to U S Government Aerospace   Indirect Sales to U S Government Aerospace Segment contribution to total sales 16.77 % of total Revenue
Indirect Sales to U S Government Industrial   Indirect Sales to U S Government Industrial Segment contribution to total sales 0.49 % of total Revenue
U S Government Related   U S Government Related Segment contribution to total sales 20.12 % of total Revenue
U S Government Related Aerospace   U S Government Related Aerospace Segment contribution to total sales 19.44 % of total Revenue
U S Government Related Industrial   U S Government Related Industrial Segment contribution to total sales 0.68 % of total Revenue


Twelve months ended 2025
WWD s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Aerospace 2,312.81 64.84 %
Industrial 1,254.26 35.16 %
Point In Time 1,629.30 45.68 %
Point In Time Aerospace 916.67 25.7 %
Point In Time Industrial 712.63 19.98 %
Over Time 1,937.77 54.32 %
Over Time Aerospace 1,396.14 39.14 %
Over Time Industrial 541.63 15.18 %
Material Rights 513.57 14.4 %
Aerospace Commercial OEM 690.96 19.37 %
Aerospace Defense OEM 561.29 15.74 %
Industrial Power Generation 488.94 13.71 %
Industrial Transportation 507.38 14.22 %
Industrial Oil and Gas 257.94 7.23 %
Total 3,567.06 100 %
United States 1,914.28 53.67 %
Germany 275.42 7.72 %
Europe excluding Germany 565.59 15.86 %
China 285.87 8.01 %
Asia excluding China 249.21 6.99 %
Other Countries 276.70 7.76 %
Aerospace United States 1,585.17 44.44 %
Aerospace Germany 72.88 2.04 %
Aerospace Europe excluding Germany 224.30 6.29 %
Aerospace China 148.19 4.15 %
Aerospace Asia excluding China 61.97 1.74 %
Aerospace Other Countries 220.29 6.18 %
Aerospace Commercial Services 823.55 23.09 %
Aerospace Defense Services 237.01 6.64 %
Industrial United States 329.11 9.23 %
Industrial Germany 202.54 5.68 %
Industrial Europe excluding Germany 341.29 9.57 %
Industrial China 137.68 3.86 %
Industrial Asia excluding China 187.24 5.25 %
Industrial Other Countries 56.41 1.58 %
Direct Sales to U S Government 102.05 2.86 %
Direct Sales to U S Government Aerospace 95.15 2.67 %
Direct Sales to U S Government Industrial 6.90 0.19 %
Indirect Sales to U S Government 615.56 17.26 %
Indirect Sales to U S Government Aerospace 598.25 16.77 %
Indirect Sales to U S Government Industrial 17.31 0.49 %
U S Government Related 717.61 20.12 %
U S Government Related Aerospace 693.40 19.44 %
U S Government Related Industrial 24.21 0.68 %


Twelve months ended 2025
WWD s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total 442.11 12.39 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Aerospace 14.01 % -
Industrial -3.19 % -
Point In Time -0.32 % -
Point In Time Aerospace 7.37 % -
Point In Time Industrial -8.73 % -
Over Time 14.68 % -
Over Time Aerospace 18.83 % -
Over Time Industrial 5.2 % -
Material Rights 0.83 % -
Aerospace Commercial OEM -6.42 % -
Aerospace Defense OEM 37.97 % -
Industrial Power Generation 10.2 % -
Industrial Transportation -18.79 % -
Industrial Oil and Gas 13.53 % -
Total 7.3 % 18.54 %
Aerospace Commercial Aftermarket - -
Aerospace Defense Aftermarket - -
United States 12.72 % -
Germany 2.25 % -
Europe excluding Germany 13.13 % -
China -26.71 % -
Asia excluding China 11.9 % -
Other Countries 13.43 % -
Aerospace United States 12.89 % -
Aerospace Germany 0.41 % -
Aerospace Europe excluding Germany 10.81 % -
Aerospace China 54.15 % -
Aerospace Asia excluding China 4.84 % -
Aerospace Other Countries 13.46 % -
Aerospace Commercial Services 28.51 % -
Aerospace Defense Services -2.3 % -
Industrial United States 11.93 % -
Industrial Germany 2.93 % -
Industrial Europe excluding Germany 14.71 % -
Industrial China -53.16 % -
Industrial Asia excluding China 14.45 % -
Industrial Other Countries 13.28 % -
Direct Sales to U S Government -12.79 % -
Direct Sales to U S Government Aerospace -11.88 % -
Direct Sales to U S Government Industrial -23.63 % -
Indirect Sales to U S Government 35.69 % -
Indirect Sales to U S Government Aerospace 34.93 % -
Indirect Sales to U S Government Industrial 68.45 % -
U S Government Related 25.75 % -
U S Government Related Aerospace 25.76 % -
U S Government Related Industrial 25.35 % -



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