Fiscal Year 2026 Guidance

Based on strong second quarter performance and improved confidence in the second half outlook, Woodward is raising its 2026 sales and earnings guidance.

 Prior FY26 GuidanceRevised FY26 Guidance
 Issued on February 2, 2026Issued on April 29, 2026
Total Company  
Sales growthup 14% to 18%up 20% to 23%
Adjusted EPS3$8.20 - $8.60$9.15 - $9.45
Free cash flow3$300 - $350 millionNo change
Capital expenditures~$290 millionNo change
Shares~61 million~61.5 million
Adjusted effective tax rate3~22%No change
   
Segment Data  
Aerospace  
Sales Growthup 15% to 20%up 21% to 24%
Segment Earnings (% of Sales)22% to 23%23% to 23.5%
Industrial  
Sales Growthup 11% to 14%up 18% to 20%
Segment Earnings (% of Sales)16% to 17%18% to 18.5%