---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004807"
form_type: "8-K"
ticker: "WWD"
cik: "0000108312"
company_name: "Woodward, Inc."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T21:45:26.772736+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Woodward Q3 net sales up 30% to $801M; raises FY adjusted EPS guidance to $4.05-$4.25

## Summary
- Q3 net earnings $85M ($1.37 EPS) vs $39M ($0.64 EPS) YoY.
- Aerospace segment sales $481M (+19.6% YoY); segment earnings margin 17.3%.
- Industrial segment sales $320M (+50.6% YoY) driven by China natural gas truck production.
- FY23 sales guidance raised to $2.85-2.90B; adjusted EPS raised to $4.05-$4.25 (prior $3.50-$3.75).
- YTD free cash flow $98M vs $49M; $64M returned to stockholders via dividends and buybacks.

## SEC filing metadata
- accession: 0001171843-23-004807
- form_type: 8-K
- ticker: WWD
- cik: 0000108312
- company_name: Woodward, Inc.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108312/000117184323004807/0001171843-23-004807-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108312/000117184323004807/f8k_073123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004807
- JSON: https://secwatch.observer/filing/0001171843-23-004807.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004807.txt

## Key facts
- Earnings Releases
  Woodward, Inc. reported its third quarter of fiscal year 2023 results: revenue $801 million, net income $85 million, EPS $1.37 per share. Guidance raised.
  - Period: its third quarter of fiscal year 2023
  - Revenue: $801 million
  - Net income: $85 million
  - EPS: $1.37 per share
  - Guidance: raised
  - Result: reported results
  source text: All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated.) Highlights Net sales were $801 million, compared to $614 million, an increase of 30 percent. Net earnings were $85 million, or $1.37 per share, compared to net earnings of $39 million, or $0.64 per share. Net cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/108312/000117184323004807/0001171843-23-004807-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.