Woodward (WWD) Research & Development (2009 - 2026)
Woodward (WWD) posted quarterly Research & Development of $46.1 million for Q1 2026, up 23.88% YoY from $37.2 million in Q1 2025, and up 22.15% sequentially from $37.8 million in Q4 2025.
Woodward (WWD) Research & Development (2009 - 2026) Analysis & Trends
Woodward has disclosed Research & Development across 18 years of filings, most recently posting $46.1 million for Q1 2026.
- In Q1 2026, Research & Development rose 23.88% year-over-year to $46.1 million; the TTM figure through Mar 2026 stood at $164.0 million (up 16.44% YoY), while the FY2025 annual figure was $147.6 million, up 4.9% from the prior year.
- Research & Development grew to $46.1 million in Q1 2026, from $37.8 million in the prior quarter.
- Over the last five years, Research & Development for WWD reached as high as $46.1 million in Q1 2026 and fell as low as $28.6 million in Q4 2022.
- The 5-year median for Research & Development is $35.0 million (2023), against an average of $35.3 million.
- Annual changes were most pronounced in 2024 — Research & Development decreased 3.47% — and 2025, when it climbed 24.99%.
- A 5-year view of Research & Development shows it stood at $28.6 million in 2022, then advanced by 7.54% to $30.8 million in 2023, then dropped by 1.91% to $30.2 million in 2024, then increased by 24.99% to $37.8 million in 2025, then grew by 22.15% to $46.1 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $46.1 million, $37.8 million, and $39.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 903.00 Mn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 627.00 Mn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | - |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 9.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | - |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | - |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 80.51 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | - |
| 10 | Woodward | 44.62 Mn | -456.55 Mn | 315.91 Mn | 46.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 29.77 Mn |