Business Segments · Research And Development Expense
Industrial — Research And Development Expense
Woodward Industrial — Research And Development Expense increased by 4.4% to $14.91M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $14.37M to $14.91M.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026
Rolls up toR&D
How to read this metric
Higher spending indicates a commitment to future growth and innovation, whereas lower spending might suggest a focus on short-term profitability or a mature product cycle.
Detailed definition
Costs incurred by the Industrial segment to develop new products, improve existing technologies, or enhance manufacturin...
Peer comparison
Commonly tracked as R&D intensity (R&D/Revenue) to compare innovation focus against industrial technology peers.
Metric ID:
wwd_segment_industrial_research_and_development_expenseHistorical Data
12 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.07M | $11.07M | $11.07M | $11.07M | $11.19M | $11.19M | $11.19M | $11.19M | $11.27M | $14.37M | $14.27M | $14.91M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +1.0% | +0.0% | +0.0% | +0.0% | +0.7% | +27.6% | -0.7% | +4.4% |
| YoY Change | — | — | — | — | +1.0% | +1.0% | +1.0% | +1.0% | +0.7% | +28.4% | +26.7% | +3.7% |
Range$11.07M – $14.91M
CAGR+11.4%
Avg YoY Growth+8.0%
Median YoY Growth+1.0%
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Frequently Asked Questions
- What is Woodward's industrial — research and development expense?
- Woodward (WWD) reported industrial — research and development expense of $14.91M in Q1 2026.
- How has Woodward's industrial — research and development expense changed year-over-year?
- Woodward's industrial — research and development expense increased by 3.7% year-over-year, from $14.37M to $14.91M.
- What does industrial — research and development expense mean?
- Spending on innovation and new product development within the Industrial segment.