Material Rights — Revenue Remaining Performance Obligation
Woodward Material Rights — Revenue Remaining Performance Obligation decreased by 3.0% to $491.44M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.9%, from $511.46M to $491.44M. Over 4 years (FY 2021 to FY 2025), Material Rights — Revenue Remaining Performance Obligation shows relatively stable performance with a 2.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests a growing backlog of future revenue opportunities from customer material rights, while a decrease may indicate lower future demand or the expiration of these rights.
Detailed definition
This metric represents the total transaction price allocated to performance obligations that are unsatisfied or partiall...
Peer comparison
Comparable to 'Remaining Performance Obligations' or 'Deferred Revenue Backlog' reported by aerospace and industrial peers under ASC 606 standards.
wwd_segment_material_rights_revenue_remaining_performance_obligationHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $471.78M | $471.13M | $472.20M | $474.54M | $450.89M | $448.37M | $475.85M | $474.77M | $481.42M | $457.39M | $472.96M | $519.89M | $510.41M | $509.37M | $507.48M | $511.46M | $512.44M | $513.57M | $506.81M | $491.44M |
| QoQ Change | — | -0.1% | +0.2% | +0.5% | -5.0% | -0.6% | +6.1% | -0.2% | +1.4% | -5.0% | +3.4% | +9.9% | -1.8% | -0.2% | -0.4% | +0.8% | +0.2% | +0.2% | -1.3% | -3.0% |
| YoY Change | — | — | — | — | -4.4% | -4.8% | +0.8% | +0.0% | +6.8% | +2.0% | -0.6% | +9.5% | +6.0% | +11.4% | +7.3% | -1.6% | +0.4% | +0.8% | -0.1% | -3.9% |
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Frequently Asked Questions
- What is Woodward's material rights — revenue remaining performance obligation?
- Woodward (WWD) reported material rights — revenue remaining performance obligation of $491.44M in Q1 2026.
- How has Woodward's material rights — revenue remaining performance obligation changed year-over-year?
- Woodward's material rights — revenue remaining performance obligation decreased by 3.9% year-over-year, from $511.46M to $491.44M.
- What is the long-term trend for Woodward's material rights — revenue remaining performance obligation?
- Over 4 years (2021 to 2025), Woodward's material rights — revenue remaining performance obligation has grown at a 2.2% compound annual growth rate (CAGR), from $1.88B to $2.04B.
- What does material rights — revenue remaining performance obligation mean?
- The total value of future revenue Woodward expects to recognize from customer options to purchase additional goods or services at a discount.