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Income Taxes (Tables)

12 Months Ended

Sep. 30, 2025

Income Tax Disclosure [Abstract]

Components of Income Tax Expense (Benefit)

Income taxes consisted of the following:

		Year Ended September 30,
		2025				2024				2023
Current:
Federal		$	77,033			$	46,102			$	41,195
State			8,287				4,841				2,641
Foreign			46,338				74,663				39,719
Deferred:
Federal			(27,268	)			(18,888	)			(38,136	)
State			(6,361	)			(7,341	)			(10,006	)
Foreign			(18,729	)			(18,377	)			7,987
		$	79,300			$	81,000			$	43,400

Earnings Before Income Taxes by Geographical Area

Earnings before income taxes by geographical area consisted of the following:

		Year Ended September 30,
		2025				2024				2023
United States		$	366,744			$	244,320			$	122,389
Other countries			154,667				209,651				153,379
		$	521,411			$	453,971			$	275,768

Schedule of Deferred Tax Assets and Liabilities

Significant components of deferred income taxes presented in the Consolidated Balance Sheets are related to the following:

		September 30, 2025				September 30, 2024
Deferred tax assets:
Defined benefit plans, other postretirement		$	3,453			$	3,695
Foreign net operating loss carryforwards			2,564				6,547
Inventory			81,241				77,013
Stock-based and other compensation			48,764				48,360
Deferred revenue net of unbilled receivables			45,144				43,400
Other reserves			11,841				7,850
Tax credits and incentives			32,171				30,886
Lease obligations			6,171				6,851
Other			6,668				4,622
Capitalized research and development costs			83,582				63,080
Valuation allowance			(4,080	)			(5,983	)
Total deferred tax assets, net of valuation allowance			317,519				286,321
Deferred tax liabilities:
Goodwill and intangibles - net			(182,717	)			(198,012	)
Property, plant and equipment			(94,238	)			(97,340	)
Right of use assets			(6,037	)			(6,691	)
Defined benefit plans, pension			(15,657	)			(13,133	)
Other			(7,804	)			(8,612	)
Total deferred tax liabilities			(306,453	)			(323,788	)
Net deferred tax assets (liabilities)		$	11,066			$	(37,467	)

Reconciliation of U.S. Statutory Tax Rate to Effective Tax Rate

The following is a reconciliation of the U.S. federal statutory tax rate of 21.0% in the fiscal years ended September 30, 2025, September 30, 2024, and September 30, 2023 to Woodward’s effective income tax rate:

		Year Ended September 30,
		2025				2024				2023
Percent of pretax earnings
Statutory tax rate			21.0	%			21.0	%			21.0	%
State income taxes, net of federal tax benefit			0.3				(0.4	)			(1.6	)
Taxes on international activities			0.4				(0.8	)			(0.6	)
Research credit			(1.2	)			(2.1	)			(3.9	)
Net excess income tax benefit from stock-based compensation			(3.5	)			(3.0	)			(3.7	)
Adjustments of prior period tax items			0.4				0.9				(1.3	)
Compensation and benefits			0.3				0.8				0.6
Distributable foreign earnings			0.3				1.4				4.6
German tax rate change			(2.6	)			—				—
Other items, net			(0.2	)			—				0.6
Effective tax rate			15.2	%			17.8	%			15.7	%

Reconciliation of the Beginning and Ending Amounts of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits follows:

		Year Ended September 30,
		2025				2024				2023
Beginning balance		$	14,274			$	11,112			$	11,938
Additions to current year tax positions			4,982				5,673				3,933
Reductions to prior year tax positions			(231	)			(99	)			(141	)
Additions to prior year tax positions			250				180				0
Lapse of applicable statute of limitations			(2,004	)			(2,592	)			(4,618	)
Ending balance		$	17,271			$	14,274			$	11,112

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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