Every material Form 8-K Woodward filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Woodward plans to cease operations at its Santa Clarita, California, facility no later than December 2027 and move military flight control actuation production to its Spartanburg, South Carolina campus. The company also agreed to sell certain legacy product lines and the Santa Clarita campus, with that sale expected to close in fiscal 2027. Woodward expects cumulative pre-tax charges of $34 million to $47.5 million, mostly cash costs, which shareholders will bear as the actions are completed.
Estimated cumulative pre-tax charges of $34 million to $47.5 million, including $23 million to $29 million of employee-related costs
About 400 roles at the Santa Clarita facility are expected to be affected
Santa Clarita operations to cease no later than December 2027; Spartanburg facility expected to go online in summer 2027
Divestiture of certain product lines and the Santa Clarita campus expected to close in fiscal year 2027
On August 19, 2026, Woodward agreed to sell $450 million of senior unsecured notes in three $150 million series, due in 2029, 2030 and 2033, in private placements. The closing is scheduled for September 30, 2026, and the notes add new debt that shareholders should weigh against the company's leverage covenants and interest costs.
Series U notes ($150 million) due September 30, 2029 at 5.34%; Series V ($150 million) due September 30, 2030 at 5.39%; Series W ($150 million) due September 30, 2033 at 5.64%
Rates rise by 0.75 percentage points (to 6.09%, 6.14% and 6.39%) for any fiscal quarter after one ending with debt to EBITDA above 3.5 to 1.0
Closing scheduled for September 30, 2026; interest paid semi-annually starting March 30, 2027
Obligations guaranteed by wholly owned subsidiaries MPC Products Corporation and Woodward HRT, Inc.
Woodward reported fiscal third-quarter 2026 results for the quarter ended June 30, 2026, with net sales of $1.1 billion, up 21%, and diluted EPS of $2.40, up 36% from $1.76. The company raised its fiscal 2026 adjusted EPS guidance to $9.30 to $9.50 from $9.15 to $9.45, which signals higher expected profit for shareholders, though quarterly free cash flow fell 12% to $87 million.
Q3 net sales were $1.1 billion, up 21%; diluted EPS was $2.40 versus $1.76, up 36%.
Adjusted EPS was $2.52, up 43%, after excluding $9.3 million in restructuring charges.
FY26 adjusted EPS guidance was raised to $9.30 to $9.50, from $9.15 to $9.45 issued April 29, 2026.
Industrial segment earnings were $88 million, up 86%; Aerospace segment earnings were $170 million, or 24.0% of sales.
Woodward said Executive Vice President and Chief Technology Officer, Aerospace Terence J. Voskuil notified the company on June 2, 2026 that he will retire effective October 2, 2026. He will remain in his current role until that date, so day-to-day leadership of the aerospace technology function is not expected to change before then.
Terence J. Voskuil notified Woodward of his retirement on June 2, 2026.
His retirement is effective October 2, 2026.
He will continue as Executive Vice President, Chief Technology Officer, Aerospace until the effective date.
The filing was signed June 5, 2026 by General Counsel Karrie M. Bem.
Woodward entered a Third Amended and Restated Credit Agreement that keeps up to $1 billion of revolving commitments and extends their termination date from October 21, 2027 to May 28, 2031. On the same day it also entered a $250 million term loan maturing May 28, 2031, and borrowed $413 million under the revolver and the full $250 million under the term loan. Shareholders should note the higher borrowing, which carries a maximum leverage ratio covenant and default acceleration terms.
Revolving commitments of up to $1 billion extended from October 21, 2027 to May 28, 2031
$413 million revolver borrowing on May 28, 2026, used with cash on hand to repay the existing revolving credit agreement and pay fees
$250 million term loan borrowed May 28, 2026, for working capital and general corporate purposes, maturing May 28, 2031
Loans bear interest at adjusted term SOFR plus 0.875% to 1.75%, and both agreements include a maximum leverage ratio covenant
Woodward reported second quarter fiscal 2026 net sales of $1.1 billion, up 23%, and diluted EPS of $2.19, up 23% from the prior year. The company raised its full-year 2026 guidance, with adjusted EPS now expected at $9.15 to $9.45, up from $8.20 to $8.60, which signals higher expected earnings for shareholders.
Q2 net earnings were $134 million and adjusted EPS was $2.27, up 34% from the prior year period.
FY26 adjusted EPS guidance rose to $9.15-$9.45 from $8.20-$8.60 issued on February 2, 2026; sales growth guidance rose to 20%-23% from 14%-18%.
Q2 free cash flow was $38 million, down 36%, as capital expenditures rose to $53 million from $18 million.
Share repurchases totaled $226 million in the quarter and $355 million year to date.
Woodward, Inc. (NASDAQ: WWD) elected Frederico F. Curado to its Board of Directors and Audit Committee, effective June 1, 2026, and increased the Board from nine to 10 directors. The filing reports no financial results or guidance changes, so the appointment is a governance change rather than an operating event.
Board elected Curado on April 22, 2026, effective June 1, 2026; he also joins the Audit Committee
Board size increased from nine to 10 directors
Curado previously served as CEO of Ultrapar S.A. (2017 to 2021) and Embraer S.A. (2007 to 2016)
Curado will receive compensation under the Company's Outside Director Compensation Policy
Woodward reported first-quarter fiscal 2026 results, with net sales of $996 million (up 29%) and diluted EPS of $2.17 (up 53%). The company raised its full-year fiscal 2026 sales growth and EPS guidance, which it says reflects first-quarter outperformance and a strong demand environment.
Net sales $996 million, up 29%; net earnings $134 million, up 54%; EPS $2.17 versus $1.42
Revised FY26 sales growth guidance of up 14% to 18%, up from 7% to 12%
Revised FY26 EPS guidance of $8.20 to $8.60, up from $7.50 to $8.00
Free cash flow of $70 million for the quarter; FY26 free cash flow guidance of $300 million to $350 million unchanged
Woodward approved a plan on January 12, 2026 to wind down its China on-highway natural gas truck manufacturing business after earlier efforts to sell it were unsuccessful. The company expects cumulative pre-tax charges of $20 million to $25 million, with $15 million to $20 million expected to be cash expenditures, and says the business has not significantly contributed to its overall financial performance on a consistent basis.
Estimated cumulative pre-tax charges of $20 million to $25 million, including $3 million to $4 million of non-cash facility and asset charges
Estimated $15 million to $20 million of the charges will result in future cash expenditures
Majority of charges expected in the second and third quarters of fiscal year 2026; wind-down substantially completed by the end of fiscal year 2026
Wind-down includes closing a small manufacturing facility in China and a limited number of sales, engineering and product support roles
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Woodward filing is on SEC EDGAR ↗. 8-K briefs of other companies →