Woodward (WWD) Research & Development (2009 - 2026)
Woodward's Research & Development was $49.32 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 20.0% from $41.09 million a year earlier and up 6.9% from the prior quarter.
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Analysis
Woodward (WWD) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Woodward's Research & Development was $172.23 million through Jun 30, 2026, up 20.3% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $147.57 million, up 4.9% from FY2024.
- Research & Development has now increased for four consecutive fiscal years, with a five-year compound annual growth rate of 2.1% (FY2020 to FY2025).
- In earlier fiscal years, Research & Development was $140.68 million in FY2024 (+6.5%), $132.1 million in FY2023 (+10.3%), $119.78 million in FY2022 (+2.3%) and $117.09 million in FY2021 (-12.1%).
- The fiscal Q3 2026 figure marks the highest quarterly Research & Development in data going back to fiscal Q3 2009.
- Compared with a year earlier, Research & Development has increased for six straight quarters, with growth averaging 12.0% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was fiscal Q1 2026 (growth of 25.0%); the worst was fiscal Q1 2022 (a decline of 20.6%).
- Per Business Quant data, WWD's Research & Development in the three fiscal quarters before Q3 2026 was $46.12 million (Q2 2026), $37.76 million (Q1 2026) and $39.04 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 460.00 Mn |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 726.00 Mn |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 260.00 Mn |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 524.00 Mn |
| 10 | Woodward | 19.25 Bn | 17.49 Bn | 349.91 Mn | 49.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.32 Mn |
| Mar 31, 2026 | 46.12 Mn |
| Dec 31, 2025 | 37.76 Mn |
| Sep 30, 2025 | 39.04 Mn |
| Jun 30, 2025 | 41.09 Mn |
| Mar 31, 2025 | 37.23 Mn |
| Dec 31, 2024 | 30.21 Mn |
| Sep 30, 2024 | 34.69 Mn |
| Jun 30, 2024 | 38.73 Mn |
| Mar 31, 2024 | 36.47 Mn |
| Dec 31, 2023 | 30.79 Mn |
| Sep 30, 2023 | 32.06 Mn |
| Jun 30, 2023 | 35.03 Mn |
| Mar 31, 2023 | 37.78 Mn |
| Dec 31, 2022 | 28.63 Mn |
| Sep 30, 2022 | 29.78 Mn |
| Jun 30, 2022 | 32.22 Mn |
| Mar 31, 2022 | 32.38 Mn |
| Dec 31, 2021 | 25.39 Mn |
| Sep 30, 2021 | 27.70 Mn |
API Access
Woodward Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=WWD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "WWD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=WWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();