UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 000-08408 WOODWARD, INC. (Exact name of registrant as specified in its charter) Delaware 36-1984010 (State or other jurisdiction of ...

Financial Data and Key Metrics Changes - Net sales for Q3 2021 were $557 million, an increase from $524 million in the prior year quarter, representing a growth of 6.3% [9][23] - Net earnings and adjusted net earnings for Q3 2021 were both $49 million or $0.74 per share, compared to $38 million or $0.61 per share in Q3 2020 [9][10] - Net cash provided by operating activities for the first nine months of 2021 was $318 million, up from $212 million in the same period of the prior year [10][31] - Free cash flow for the first nine months of 2021 was $297 million, compared to $173 million in the prior year [32] Business Line Data and Key Metrics Changes - Aerospace segment sales for Q3 2021 were $341 million, an increase of 11% from the prior year quarter, with commercial OEM and aftermarket sales up 51% and 11% respectively [24] - Industrial segment sales for Q3 2021 were $216 million, slightly down from $217 million in the prior year period, but excluding renewable power systems, sales increased to $210 million [28] - Aerospace segment earnings for Q3 2021 were $53 million or 15.6% of segment sales, compared to $41 million or 13.4% in Q3 2020 [27] Market Data and Key Metrics Changes - U.S. domestic travel is returning to near pre-COVID levels, while international travel remains weak [13] - Demand for gas turbines in power generation is increasing, with expectations for further improvement in 2022, driven by growth in Asia [15] - The global marine market is seeing improved ship utilization, which is expected to drive aftermarket activity [17] Company Strategy and Development Direction - The company anticipates recovery to pre-pandemic levels in 2023, with significant growth expected from market share gains and favorable fleet dynamics [12] - Continued investment in innovative products aimed at enhancing emissions performance, reliability, and fuel efficiency is a priority [19][20] - The company plans to focus on bolt-on acquisitions to fill in its strategic gaps, leveraging a strong balance sheet and cash flow [48] Management's Comments on Operating Environment and Future Outlook - Management acknowledges ongoing global supply chain disruptions and the unpredictable impact of COVID variants as factors contributing to future uncertainty [12][18] - The company remains optimistic about the recovery of its markets, particularly in aerospace and industrial segments, despite anticipated volatility [18][33] - Management expects sales, earnings, and free cash flow results for Q4 2021 to be higher than Q3, but considerable uncertainty remains [33] Other Important Information - The company experienced a $30 million negative impact on sales due to global supply chain constraints, predominantly affecting the aerospace business [23] - R&D expenses for Q3 2021 were $30 million, or 5.3% of sales, down from $35 million or 6.6% in the prior year [30] Q&A Session Summary Question: Competitive implications of Parker-Hannifin's acquisition of Meggitt - Management does not foresee significant changes in the competitive landscape due to this acquisition, noting only minor overlaps in certain areas [38][41] Question: Details on supply chain issues and their impact - The $30 million impact was predominantly from aerospace, with shortages primarily in electronics and other disruptions due to COVID-related plant shutdowns [55][56] Question: Outlook on guided weapons demand - Management anticipates a significant decline in guided weapons in fiscal 2022, with current demand being flat to slightly down [59][60] Question: Recovery in marine aftermarket and industrial markets - Management is optimistic about improvements in marine aftermarket and industrial markets, with expectations for better performance in 2022 [68][70] Question: Hiring and structural cost savings - The company has begun hiring back direct labor and anticipates continuing to ramp up as demand increases, with an estimated $50 million in ongoing structural cost savings [86][88] Question: Cash balance and shareholder returns - The company maintains a significant cash balance and plans to return 50% of net earnings to shareholders, including potential share buybacks [90][91]

Fiscal Year 2021 Third Quarter Results August 2, 2021 Today's Agenda Highlights Market Review Financial Results & Outlook Q&A Don Guzzardo Tom Gendron Bob Weber 2 | © WOODWARD, INC. PROPRIETARY Cautionary Statement Information in this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements include, but are not limited to, statements about of the recovery of global economi ...

Fiscal Year 2021 First Quarter Results February 1, 2021 Today's Agenda Highlights Market Review Financial Results & Outlook Q&A Don Guzzardo Tom Gendron Bob Weber 2 | © WOODWARD, INC. PROPRIETARY Cautionary Statement Information in this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including, but not limited to, statements about the continued and expected or potential effects of the COVID-19 p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 000-08408 WOODWARD, INC. (Exact name of registrant as specified in its charter) Delaware 36-1984010 (State or other jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 000-08408 WOODWARD, INC. (Exact name of registrant as specified in its charter) Delaware 36-1984010 (State or other jurisdiction ...

Woodward, Inc. (NASDAQ:WWD) Q1 2021 Earnings Conference Call February 1, 2021 4:30 PM ET Company Participants Don Guzzardo - VP of IR & Treasurer Tom Gendron - Chairman, CEO & President Bob Weber - Vice Chairman & CFO Conference Call Participants Robert Spingarn - Credit Suisse Gautam Khanna - Cowen Christopher Glynn - Oppenheimer Pete Skibitski - Alembic Global Greg Konrad - Jefferies Chris Howe - Barrington Research Michael Ciarmoli - Truist Securities David Strauss - Barclays Noah Poponak - Goldman Sac ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 000-08408 WOODWARD, INC. (Exact name of registrant as specified in its charter) Delaware 36-1984010 (State or other jurisdiction of inc ...

Woodward, Inc. (NASDAQ:WWD) Q4 2020 Results Earnings Conference Call November 19, 2020 4:30 PM ET Company Participants Don Guzzardo - Vice President of Investor Relations, Treasurer Tom Gendron - Chairman, Chief Executive Officer Bob Weber - Vice Chairman, Chief Financial Officer Conference Call Participants Robert Spingarn - Credit Suisse Pete Skibitski - Alembic Global Sheila Kahyaoglu - Jefferies David Strauss - Barclays Gautam Khanna - Cowen Christopher Glynn - Oppenheimer Chris Howe - Barrington Resear ...

Fourth Quarter and Fiscal Year 2020 Results November 19, 2020 Today's Agenda Highlights Market Review Financial Results & Outlook Q&A Don Guzzardo Tom Gendron Bob Weber 2 | © WOODWARD, INC. PROPRIETARY Cautionary Statement Information in this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including, but not limited to, statements about the continued and expected or potential effects of the COVI ...