Woodward

Q3 FY2026 EarningsQ3 FY26 results beat consensus across the board: revenue of $1.11B (+21.2% YoY) slightly exceeded the $1.109B consensus, while diluted EPS of $2.40 surpassed the mean expectation of $2.32. Operating performance was robust with a gross margin of 31.5% vs. 29.8% expected, driven by 25.5% growth in the Industrial segment and strong Aerospace aftermarket demand. Management's aggressive $1.8B share repurchase program and the recent acquisition of Valve Research offset restructuring charges related to the China on-highway wind-down.