Woodward (WWD) Research & Development (2009 - 2026)
Woodward (WWD) posted quarterly Research & Development of $49.3 million for Q2 2026, up 20.03% year-over-year from $41.1 million in Q2 2025, and up 6.93% quarter-over-quarter from $46.1 million in Q1 2026.
Woodward (WWD) Research & Development (2009 - 2026) Analysis & Trends
Woodward (WWD) has reported Research & Development for 18 consecutive years, with $49.3 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 20.03% year-over-year to $49.3 million; the TTM figure through Jun 2026 stood at $172.2 million (up 20.26% YoY), while the FY2025 annual figure was $147.6 million, up 4.9% from the prior year.
- Research & Development climbed to $49.3 million in Q2 2026 per WWD's latest filing, from $46.1 million in the prior quarter.
- Across five years, Research & Development topped out at $49.3 million in Q2 2026 and bottomed at $28.6 million in Q4 2022.
- Historically, Research & Development has averaged $36.1 million across 5 years, with a median of $35.7 million in 2023.
- Annual changes were most pronounced in 2024 — Research & Development decreased 3.47% — and 2025, when it climbed 24.99%.
- Woodward's Research & Development stood at $28.6 million in 2022, then climbed by 7.54% to $30.8 million in 2023, then declined by 1.91% to $30.2 million in 2024, then rose by 24.99% to $37.8 million in 2025, then soared by 30.62% to $49.3 million in 2026.
- Business Quant data shows WWD's Research & Development at $49.3 million in Q2 2026, $46.1 million in Q1 2026, and $37.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 460.00 Mn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 726.00 Mn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | - |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | - |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | - |
| 10 | Woodward | 20.36 Bn | 19.89 Bn | 349.91 Mn | 49.32 Mn |
Historic Data
Download 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 |