Air Products and Chemicals Quarterly Income Statement
NYSE: APDBasic MaterialsMajor ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Air Products and Chemicals revenue and earnings
In the quarter ended Jun 30, 2026, Air Products and Chemicals generated $3.16 billion in revenue, up 4.6% from the same quarter a year earlier. Air Products and Chemicals reported a net loss of $1.44 billion, compared with net income of $713.8 million a year earlier. Gross margin was 32.8% (up from 32.5%) and operating margin -66.3%.
Diluted earnings per share came in at -$6.47, down from $3.20.
Summary generated from market data by MetaCap's automated system. Methodology
Air Products and Chemicals income statement (quarterly)
| Quarter (USD) | Q3 20262026-06-30 | Q2 20262026-03-31 | Q1 20262025-12-31 | Q4 20252025-09-30 | Q3 20252025-06-30 | Q2 20252025-03-31 | Q1 20252024-12-31 | Q4 20242024-09-30 | Q3 20242024-06-30 | Q2 20242024-03-31 | Q1 20242023-12-31 | Q4 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.16B | 3.17B | 3.10B | 3.17B | 3.02B | 2.92B | 2.93B | 3.19B | 2.99B | 2.93B | 3.00B | 3.19B |
| Revenue growth (YoY) | +4.58% | +8.76% | +5.83% | -0.65% | +1.25% | -0.48% | -2.20% | -0.12% | -1.60% | -8.43% | -5.58% | -10.61% |
| Cost of Revenue | 2.13B | 2.18B | 2.11B | 2.15B | 2.04B | 2.05B | 2.02B | 2.10B | 2.01B | 1.99B | 2.07B | 2.21B |
| Gross Profit | 1.04B | 987.40M | 995.00M | 1.02B | 982.60M | 862.30M | 915.00M | 1.08B | 979.90M | 938.70M | 930.20M | 984.10M |
| Operating Expenses | 3.13B | 234.70M | 260.50M | 1.00B | 192.00M | 3.19B | 271.40M | -1.34B | 242.30M | 301.50M | 263.30M | 245.50M |
| Research & Development | 21.50M | 21.60M | 20.40M | 27.30M | 24.10M | 22.90M | 22.00M | 22.10M | 27.00M | 25.40M | 25.70M | 24.70M |
| Selling, General & Admin | 219.10M | 227.20M | 228.70M | 219.10M | 222.60M | 222.00M | 242.40M | 228.00M | 235.40M | 240.60M | 238.40M | 232.70M |
| Operating Income | -2.10B | 752.70M | 734.50M | 16.80M | 790.60M | -2.33B | 643.60M | 2.42B | 737.60M | 637.20M | 666.90M | 738.60M |
| Interest Expense | 49.40M | 49.50M | 54.50M | 67.80M | 61.40M | 42.20M | 42.60M | 49.70M | 55.70M | 59.90M | 53.50M | 48.00M |
| Other Income (Expense) | 3.60M | 900.00K | -1.40M | -11.70M | -6.00M | -18.60M | 38.90M | -48.50M | -1.30M | -9.20M | -14.80M | -12.80M |
| Pretax Income | -1.94B | 883.50M | 850.80M | 121.30M | 890.80M | -2.24B | 790.50M | 2.50B | 849.50M | 711.40M | 757.00M | 841.20M |
| Income Tax | -515.40M | 158.70M | 159.40M | 111.20M | 159.60M | -505.80M | 140.70M | 538.40M | 140.60M | 130.50M | 135.40M | 154.20M |
| Net Income | -1.44B | 710.40M | 678.20M | 4.90M | 713.80M | -1.73B | 617.40M | 1.95B | 696.60M | 572.40M | 609.30M | 692.60M |
| Net Income growth (YoY) | -301.85% | — | +9.85% | -99.75% | +2.47% | -402.34% | +1.33% | +181.53% | +16.96% | +30.15% | +6.48% | +18.78% |
| EPS (Basic) | -6.47 | 3.19 | 3.04 | 0.03 | 3.20 | -7.77 | 2.77 | 8.77 | 3.13 | 2.57 | 2.74 | 3.11 |
| EPS (Diluted) | -6.47 | 3.19 | 3.04 | 0.03 | 3.20 | -7.77 | 2.77 | 8.75 | 3.13 | 2.57 | 2.73 | 3.12 |
| Shares Outstanding (Basic) | 222.80M | 222.80M | 222.80M | — | 222.80M | 222.80M | 222.70M | — | 222.50M | 222.50M | 222.50M | — |
| Shares Outstanding (Diluted) | 222.80M | 222.90M | 222.90M | — | 222.90M | 222.80M | 222.90M | — | 222.80M | 222.70M | 222.80M | — |
| EBITDA | -1.71B | 1.13B | 1.11B | 429.60M | 1.19B | -1.94B | 1.01B | 2.81B | 1.10B | 998.00M | 1.02B | 1.10B |
| Gross Margin | 32.77% | 31.13% | 32.07% | 32.25% | 32.51% | 29.57% | 31.21% | 33.98% | 32.82% | 32.04% | 31.03% | 30.84% |
| Operating Margin | -66.34% | 23.73% | 23.67% | 53.00% | 26.16% | -79.83% | 21.95% | 76.06% | 24.71% | 21.75% | 22.25% | 23.14% |
| Net Margin | -45.58% | 22.40% | 21.86% | 15.00% | 23.61% | -59.34% | 21.06% | 61.17% | 23.33% | 19.53% | 20.33% | 21.70% |
This table shows 12 quarterly periods of Air Products and Chemicals's income statement, from Q3 2026 back to Q4 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow APD's reporting calendar. What is a income statement?