Woodward, Inc. WWD

Revenue Intelligence Report • 69 quarters of SEC filing data • Updated 2026-10-14 • Data through 2026-06-30

Woodward, Inc.'s latest quarterly revenue is $1.1B for the period ending 2026-06-30. The model projects $5.3B across the next four quarters (+26.2% versus the preceding four quarters). The forecast uses SG&A data; model selection and estimation exclude the latest quarter, whose retrospective holdout error is 6.8%. These are statistical associations, not estimates of the causal effect of spending.

Investment Thesis

The ARDL forecast is based on reported revenue and SG&A data through 2026-06-30. Training MAPE measures fit to historical data; the separately reported holdout error measures a withheld quarter. Spending coefficients describe associations and do not establish causation.

Next 4 Quarters
$5.29B
+26.2% YoY
R&D Multiplier
$7.52 per $1
SG&A Multiplier
$11.48 per $1
Training Fit
5.0% MAPE
Retrospective holdout (Q3 FY2026): The model predicted $1.19B vs the actual $1.11B — an error of 6.8%.
Retrospective one-quarter holdout: model fitting and selection exclude this quarter. Historical inputs use the latest available restatements, so this is not a preserved real-time forecast.

Revenue Forecast

WWD Revenue Forecast

Quarterly Detail

QuarterModel ForecastActual95% RangeYoY GrowthStatus
Q3 FY2026
Period end 2026-06-30
$1.19B $1.11B $1.11B–$1.26B +29.5% ✓ In range
Q4 FY2026
Period end 2026-09-30
$1.21B $1.10B–$1.32B +21.6%
Q1 FY2027
Period end 2026-12-31
$1.24B $1.11B–$1.37B +24.4%
Q2 FY2027
Period end 2027-03-31
$1.36B $1.21B–$1.51B +24.9%
Q3 FY2027
Period end 2027-06-30
$1.48B $1.31B–$1.65B +33.1%

Seasonal Factors

Multiplicative seasonal adjustment: These factors capture Woodward, Inc.'s systematic quarterly revenue patterns relative to the trend model. A factor of 1.05 means that quarter typically runs 5% above the underlying trend; 0.95 means 5% below. Factors are computed as the median of (actual / fitted) across all available quarters.
Fiscal QuarterSeasonal Factorvs TrendInterpretationObs.
FQ1 (Oct–Dec) 0.9647 -3.5% -3.5% below trend 16
FQ2 (Jan–Mar) 1.011 +1.1% In line with trend 16
FQ3 (Apr–Jun) 1.0324 +3.2% +3.2% above trend 16
FQ4 (Jul–Sep) 1.0228 +2.3% In line with trend 16

Spending and Revenue

WWD Spending Timing
Reading this chart: Each line shows the cumulative revenue association per $1 of spending over subsequent quarters. These estimates describe historical associations and do not establish causation.

Time-Varying Spending Associations

Time-varying analysis: A penalized spline model (GAM) tracks the association between log spending and log revenue over 69 quarters. Its coefficients describe conditional historical associations, not causal returns on spending.
Current SG&A elasticity: 0.2225x • R&D elasticity: 0.7466x
The model-term chart shows relative absolute term magnitudes. Its percentages are not shares of revenue or causal contributions to growth.

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