Q3 2025 Woodward Inc Earnings Call Transcript
Key Points
- Woodward Inc (WWD) reported record sales for the third quarter of 2025, with an 8% year-over-year increase.
- Aerospace segment sales reached a record $596 million, marking a 15% increase, driven by strong defense OEM sales and commercial services.
- The company secured a significant contract with Airbus to provide spoiler control actuators for the A350, enhancing its position in the aerospace market.
- Woodward Inc (WWD) completed the acquisition of Safran's North American electromechanical actuation business, strengthening its capabilities in the aerospace sector.
- The company raised its full-year sales and earnings guidance based on strong year-to-date performance and a stable macro environment.
- Industrial segment sales declined by 3%, primarily due to a significant drop in China on-highway sales.
- Free cash flow decreased to $159 million for the first nine months of 2025, down from $225 million, due to increased working capital.
- The company anticipates increased capital expenditures in 2026 and 2027 to support growth initiatives, which may impact free cash flow.
- Aerospace margins were impacted by an unfavorable mix due to growth in lower-margin defense OEM products.
- Supply chain challenges continue to affect aircraft deliveries, impacting the commercial OEM sales performance.
Thank you for standing by. Welcome to the Woodward Inc, third quarter fiscal year 2025 earnings call. At this time, I would like to inform you that this call is being recorded for rebroadcast. (Operator Instructions)
Joining us today from the company are Chip Blankenship, Chairman and Chief Executive Officer; Bill Lacey, Chief Financial Officer; and Dan Provaznik, Director of Investor Relations.
I would now like to turn the call over to Dan Provaznik.
Thank you, operator. We'd like to welcome all of you to Woodward's third quarter fiscal year 2025 earnings call. In today's call, Chip will comment on our strategies and related markets. Bill will then discuss our financial results as outlined in our earnings release. At the end of our presentation, we will take questions.
For those who have not seen today's earnings release, you can find it on our website at woodward.com. We've included some presentation materials to go along with today's call that are also accessible on
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
