Woodward Inc. has released its financial results for the third quarter of fiscal year 2025, reporting net sales of $915 million, marking an 8% increase compared to the same period in the previous year. The net earnings for the quarter were $108 million, up by 6% from last year. Earnings per share $(EPS)$ rose to $1.76, reflecting an 8% increase. For the year-to-date 2025, Woodward reported net sales of $2.6 billion, a 4% rise year-over-year. Net earnings for the first nine months reached $304 million, showing a 5% increase. The EPS for this period was $4.96, up by 7%. The company has raised its sales and earnings guidance for fiscal 2025, citing strong year-to-date performance and a positive outlook for the fourth quarter. Despite this, Woodward has lowered its full-year free cash flow guidance due to the demands of supporting higher sales within a dynamic supply chain and production environment. In its operations, Woodward highlighted substantial sales growth and margin expansion in its Aerospace segment, driven by defense and commercial services. However, this was partially offset by lower commercial OEM and defense services, though both areas showed sequential improvement. The Industrial business achieved double-digit sales growth in the oil and gas and marine transportation sectors, which was offset by a decrease in China on-highway natural gas truck sales.