伍德沃德 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 or For the transition period from _____ to _____Commissionfile number 001-39265 WOODWARD, INC. (Exact name of registrant as specified in its charter) 36-1984010(I.R.S. Employer Identification No.) 1081 Woodward Way,Fort Collins,Colorado80524(Address of principal executive offices)(Zip Code) (970) 482-5811(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: WWD NASDAQ Global Select Market Indicate by check mark whether the registrant (1) hasfiled all reports required to befiled by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required tofile such reports), and (2) has been subject to suchfiling requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit suchfiles). Yes☒No☐ Indicate by check mark whether the registrant is a large acceleratedfiler, an acceleratedfiler, a non-acceleratedfiler, a smallerreporting company, or an emerging growth company. See the definitions of “large acceleratedfiler,” “acceleratedfiler,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large Accelerated Filer☒Accelerated Filer☐Non-accelerated Filer☐Smaller Reporting Company☐ Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of April 29, 2026, 59,582,861 shares of the registrant’s common stock with a par value of $0.001455 per share were outstanding. TABLE OF CONTENTS PagePART I – FINANCIAL INFORMATIONItem 1.Financial Statements1Condensed Consolidated Statements of Earnings1Condensed Consolidated Statements of Comprehensive Earnings2Condensed Consolidated Balance Sheets3Condensed Consolidated Statements of Cash Flows4Condensed Consolidated Statements of Stockholders’ Equity5Notes to Condensed Consolidated Financial Statements7Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations30Forward-Looking Statements30Overview31Results of Operations33Liquidity and Capital Resources37Item 3.Quantitative and Qualitative Disclosures About Market Risk42Item 4.Controls and Procedures42PART II – OTHER INFORMATIONItem 1.Legal Proceedings42Item 1A.Risk Factors42Item 2.Unregistered Sales of Equity Securities and Use of Proceeds42Item 5.Other Information43Item 6.Exhibits44Signatures44 WOODWARD, INC.CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS(In thousands, except per share amounts)(Unaudited) WOODWARD, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except per share amounts)(Unaudited) WOODWARD, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands)(Unaudited) WOODWARD, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(In thousands)(Unaudited) WOODWARD, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(In thousands, except per share amounts)(Unaudited) Note 1. Basis of presentation The Condensed Consolidated Financial Statements of Woodward, Inc. (“Woodward” or the “Company”) as of March 31, 2026and for the three and six months ended March 31, 2026 and 2025, included herein, have not been audited by an independentregistered public accountingfirm. These unaudited Condensed Consolidated Financial Statements reflect all normal recurringadjustments that, in the opinion of management, are necessary to present fairly Woodward’sfinancial position as of March 31, 2026,and the statements of earnings, comprehensive earnings, cashflows, and changes in stockholders’ equity for the periods presentedherein. The results of operations for the three and six months ended March 31, 2026 and 2025 are not necessarily indicative of theoperating results to be expected for other interim periods or for the fullfiscal year. Dollar and share amounts contained in theseunaudited Condensed Consolidated Financial Statements are in thousands, except per share amounts, unless otherwise noted. The unaudited Condensed Consolidated Financial Statements included herein have been prepared pursuant to the rules andregulations of the Securities and Exchange Commission (“SEC”) for interim reporting. Certain information and footnote disclosuresnormally included infinancial statements prepared in accordance with accounting principles