Woodward annual r&d spending
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2025
Woodward R&D Spending Growth & History (WWD)
Woodward's r&d spending was $147.6M for fiscal 2025.
View full Woodward company overviewWoodward annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $147.6M | $6.9M | +4.90% |
| 2024 | 2024-09-30 | $140.7M | $8.6M | +6.50% |
| 2023 | 2023-09-30 | $132.1M | $12.3M | +10.28% |
| 2022 | 2022-09-30 | $119.8M | $2.7M | +2.30% |
| 2021 | 2021-09-30 | $117.1M | −$16.0M | −12.05% |
| 2020 | 2020-09-30 | $133.1M | −$26.0M | −16.32% |
| 2019 | 2019-09-30 | $159.1M | $10.8M | +7.30% |
| 2018 | 2018-09-30 | $148.3M | $21.8M | +17.20% |
| 2017 | 2017-09-30 | $126.5M | $349,000 | +0.28% |
| 2016 | 2016-09-30 | $126.2M | −$8.3M | −6.18% |
| 2015 | 2015-09-30 | $134.5M | −$3.5M | −2.55% |
| 2014 | 2014-09-30 | $138.0M | $7.8M | +5.95% |
| 2013 | 2013-09-30 | $130.3M | −$13.0M | −9.09% |
| 2012 | 2012-09-30 | $143.3M | $27.6M | +23.90% |
| 2011 | 2011-09-30 | $115.6M | $33.1M | +40.06% |
| 2010 | 2010-09-30 | $82.6M | $4.0M | +5.12% |
| 2009 | 2009-09-30 | $78.5M | $5.1M | +6.98% |
| 2008 | 2008-09-30 | $73.4M | — | — |
Woodward quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $49.3M | $8.2M | +20.03% |
| Q2 2026 | 2026-03-31 | $46.1M | $8.9M | +23.88% |
| Q1 2026 | 2025-12-31 | $37.8M | $7.5M | +24.99% |
| Q4 2025 | 2025-09-30 | $39.0M | $4.4M | +12.55% |
| Q3 2025 | 2025-06-30 | $41.1M | $2.4M | +6.09% |
| Q2 2025 | 2025-03-31 | $37.2M | $765,000 | +2.10% |
| Q1 2025 | 2024-12-31 | $30.2M | −$587,000 | −1.91% |
| Q4 2024 | 2024-09-30 | $34.7M | $4.0M | +13.17% |
| Q3 2024 | 2024-06-30 | $38.7M | $3.7M | +10.55% |
| Q2 2024 | 2024-03-31 | $36.5M | −$1.3M | −3.47% |
| Q1 2024 | 2023-12-31 | $30.8M | $2.2M | +7.54% |
| Q4 2023 | 2023-09-30 | $30.7M | $869,000 | +2.92% |
| Q3 2023 | 2023-06-30 | $35.0M | $2.8M | +8.72% |
| Q2 2023 | 2023-03-31 | $37.8M | $5.4M | +16.65% |
| Q1 2023 | 2022-12-31 | $28.6M | $3.2M | +12.77% |
| Q4 2022 | 2022-09-30 | $29.8M | $2.1M | +7.50% |
| Q3 2022 | 2022-06-30 | $32.2M | $2.5M | +8.26% |
| Q2 2022 | 2022-03-31 | $32.4M | $4.8M | +17.22% |
| Q1 2022 | 2021-12-31 | $25.4M | −$6.6M | −20.64% |
| Q4 2021 | 2021-09-30 | $27.7M | $598,000 | +2.21% |
| Q3 2021 | 2021-06-30 | $29.8M | −$4.8M | −13.78% |
| Q2 2021 | 2021-03-31 | $27.6M | −$7.0M | −20.29% |
| Q1 2021 | 2020-12-31 | $32.0M | −$4.8M | −13.16% |
| Q4 2020 | 2020-09-30 | $27.1M | −$8.6M | −24.18% |
| Q3 2020 | 2020-06-30 | $34.5M | −$6.1M | −15.10% |
| Q2 2020 | 2020-03-31 | $34.7M | −$9.2M | −20.92% |
| Q1 2020 | 2019-12-31 | $36.8M | −$2.0M | −5.20% |
| Q4 2019 | 2019-09-30 | $35.7M | −$1.1M | −3.00% |
| Q3 2019 | 2019-06-30 | $40.7M | $1.2M | +3.02% |
| Q2 2019 | 2019-03-31 | $43.8M | $6.7M | +17.92% |
| Q1 2019 | 2018-12-31 | $38.9M | $4.1M | +11.73% |
| Q4 2018 | 2018-09-30 | $36.9M | $1.9M | +5.51% |
| Q3 2018 | 2018-06-30 | $39.5M | $4.8M | +13.87% |
| Q2 2018 | 2018-03-31 | $37.2M | $6.8M | +22.33% |
| Q1 2018 | 2017-12-31 | $34.8M | $8.2M | +31.07% |
| Q4 2017 | 2017-09-30 | $34.9M | $2.0M | +6.23% |
| Q3 2017 | 2017-06-30 | $34.7M | $4.7M | +15.82% |
| Q2 2017 | 2017-03-31 | $30.4M | −$1.4M | −4.34% |
| Q1 2017 | 2016-12-31 | $26.5M | −$5.1M | −16.00% |
| Q4 2016 | 2016-09-30 | $32.9M | −$3.7M | −10.09% |
| Q3 2016 | 2016-06-30 | $29.9M | −$3.6M | −10.81% |
| Q2 2016 | 2016-03-31 | $31.8M | $1.4M | +4.73% |
| Q1 2016 | 2015-12-31 | $31.6M | −$2.4M | −7.15% |
| Q4 2015 | 2015-09-30 | $36.6M | −$1.2M | −3.21% |
| Q3 2015 | 2015-06-30 | $33.6M | −$1.4M | −4.10% |
| Q2 2015 | 2015-03-31 | $30.3M | −$5.5M | −15.30% |
| Q1 2015 | 2014-12-31 | $34.0M | $4.6M | +15.65% |
| Q4 2014 | 2014-09-30 | $37.8M | $7.0M | +22.90% |
| Q3 2014 | 2014-06-30 | $35.0M | −$497,000 | −1.40% |
| Q2 2014 | 2014-03-31 | $35.8M | $1.8M | +5.31% |
| Q1 2014 | 2013-12-31 | $29.4M | −$594,000 | −1.98% |
| Q4 2013 | 2013-09-30 | $30.7M | −$5.3M | −14.78% |
| Q3 2013 | 2013-06-30 | $35.5M | −$3.5M | −8.91% |
| Q2 2013 | 2013-03-31 | $34.0M | −$3.4M | −9.20% |
| Q1 2013 | 2012-12-31 | $30.0M | −$776,000 | −2.52% |
| Q4 2012 | 2012-09-30 | $36.1M | $505,000 | +1.42% |
| Q3 2012 | 2012-06-30 | $39.0M | $9.7M | +33.09% |
| Q2 2012 | 2012-03-31 | $37.4M | $10.4M | +38.43% |
| Q1 2012 | 2011-12-31 | $30.8M | $7.1M | +29.72% |
| Q4 2011 | 2011-09-30 | $35.6M | $12.4M | +53.80% |
| Q3 2011 | 2011-06-30 | $29.3M | $7.9M | +36.67% |
| Q2 2011 | 2011-03-31 | $27.1M | $7.4M | +37.32% |
| Q1 2011 | 2010-12-31 | $23.7M | $5.4M | +29.62% |
| Q4 2010 | 2010-09-30 | $23.1M | — | — |
| Q3 2010 | 2010-06-30 | $21.4M | $743,000 | +3.59% |
| Q2 2010 | 2010-03-31 | $19.7M | — | — |
| Q1 2010 | 2009-12-31 | $18.3M | — | — |
| Q3 2009 | 2009-06-30 | $20.7M | — | — |
Woodward r&d spending trends
Over the last five fiscal years, Woodward's r&d spending increased from $133.1M to $147.6M, a change of $14.4M. The latest reported quarter, Q3 2026, shows $49.3M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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