Woodward Research and Development Expenses 2010-2023 | WWD

Woodward annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Woodward research and development expenses for the quarter ending December 31, 2023 were $0.031B, a 7.54% increase year-over-year.
  • Woodward research and development expenses for the twelve months ending December 31, 2023 were $0.134B, a 9.13% increase year-over-year.
  • Woodward annual research and development expenses for 2023 were $0.132B, a 10.28% increase from 2022.
  • Woodward annual research and development expenses for 2022 were $0.12B, a 2.3% increase from 2021.
  • Woodward annual research and development expenses for 2021 were $0.117B, a 12.05% decline from 2020.
Woodward Annual Research and Development Expenses
(Millions of US $)
2023 $132
2022 $120
2021 $117
2020 $133
2019 $159
2018 $148
2017 $127
2016 $126
2015 $134
2014 $138
2013 $130
2012 $143
2011 $116
2010 $83
2009 $79
Woodward Quarterly Research and Development Expenses
(Millions of US $)
2023-12-31 $31
2023-09-30 $31
2023-06-30 $35
2023-03-31 $38
2022-12-31 $29
2022-09-30 $30
2022-06-30 $32
2022-03-31 $32
2021-12-31 $25
2021-09-30 $28
2021-06-30 $30
2021-03-31 $28
2020-12-31 $32
2020-09-30 $27
2020-06-30 $35
2020-03-31 $35
2019-12-31 $37
2019-09-30 $36
2019-06-30 $41
2019-03-31 $44
2018-12-31 $39
2018-09-30 $37
2018-06-30 $39
2018-03-31 $37
2017-12-31 $35
2017-09-30 $35
2017-06-30 $35
2017-03-31 $30
2016-12-31 $27
2016-09-30 $64
2016-06-30 $30
2016-03-31 $32
2015-12-31
2015-09-30 $37
2015-06-30 $34
2015-03-31 $30
2014-12-31 $34
2014-09-30 $38
2014-06-30 $35
2014-03-31 $36
2013-12-31 $29
2013-09-30 $31
2013-06-30 $35
2013-03-31 $34
2012-12-31 $30
2012-09-30 $36
2012-06-30 $39
2012-03-31 $37
2011-12-31 $31
2011-09-30 $36
2011-06-30 $29
2011-03-31 $27
2010-12-31 $24
2010-09-30 $23
2010-06-30 $21
2010-03-31 $20
2009-12-31 $18
2009-09-30 $20
2009-06-30 $21
2009-03-31 $19
Sector Industry Market Cap Revenue
Computer and Technology Control Instruments Manufacturing $10.882B $2.915B
Woodward, Inc., being an independent designer, manufacturer and service provider of energy control and optimization solutions, provides a wide array of products for fuel, combustion, fluid, actuation and electronic applications, which serve the commercial aerospace, business jet, military and energy markets. It also engages in aftermarket repairs, replacements and other service support operations. It serves the aerospace and energy markets through 2 reportable segments: Aerospace and Industrial. The Aerospace unit comprises the Aircraft Turbine Systems and the Airframe Systems business groups and is involved in the production, designing and servicing of products for the management of fuel, air, combustion and motion. The products like pumps, cockpit controls, motors and sensors under this unit, are used by companies like The Boeing Company and General Dynamics Corp. The Industrial unit comprises the Industrial Turbo Machinery Systems, and the Engine Systems and Electrical Power Systems business groups.
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