{ "ticker": "APD", "cik": "0000002969", "company": "Air Products and Chemicals, Inc.", "business_type": "industrial", "schema_template": "standard industrial (industrial gases): sales, operating costs, operating income, equity affiliates' income, net income attributable to Air Products, diluted EPS; cash, debt, assets, equity; operating cash flow, additions to plant and equipment, free cash flow, dividends; regional segment sales and segment operating income", "reporting_currency": "USD", "converted_to_usd": false, "units": "actual US dollars (not millions); per-share amounts in US dollars per share; share counts in actual shares", "units_notes_seen": { "FY2025 10-K consolidated income statements": "(Millions of U.S. Dollars, except for share and per share data); per-share rows: (U.S. Dollars per share); share rows: Weighted Average Common Shares (in millions)", "FY2025 10-K consolidated balance sheets": "(Millions of U.S. Dollars, except for share and per share data)", "FY2025 10-K consolidated statements of cash flows": "(Millions of U.S. Dollars)", "FY2025 10-K consolidated statements of equity": "(Millions of U.S. Dollars, except for per share data)", "FY2025 10-K notes (business segment information)": "(Millions of U.S. Dollars unless otherwise indicated, except for share and per share data)", "Q3 FY2026 10-Q consolidated income statements": "(Millions of U.S. Dollars, except for share and per share data); per-share rows: (U.S. Dollars per share); share rows: Weighted Average Common Shares (in millions)", "Q3 FY2026 10-Q consolidated balance sheets": "(Millions of U.S. Dollars, except for share and per share data)", "Q3 FY2026 10-Q consolidated statements of cash flows": "(Millions of U.S. Dollars)", "Q3 FY2026 10-Q consolidated statements of equity": "(Millions of U.S. Dollars, except for per share data)", "Q3 FY2026 10-Q notes (business segment information)": "Millions of U.S. Dollars, unless otherwise indicated" }, "adjustments": { "splits_applied": [], "adr_ratio": null, "fx": "none: the company reports in US dollars" }, "annual": [ { "label": "FY2025", "period_start": "2024-10-01", "period_end": "2025-09-30", "period_type": "fiscal year", "source_accession": "0000002969-25-000055", "fiscal_year": 2025, "income_statement": { "revenue": 12037300000, "cost_of_sales": 8256000000, "selling_and_administrative_expense": 906100000, "research_and_development_expense": 96300000, "business_and_asset_actions": 3747000000, "shareholder_activism_related_costs": 86300000, "gain_on_sale_of_business": 67300000, "other_income_expense_net": 110100000, "operating_income": -877000000, "equity_affiliates_income": 647700000, "interest_expense": 214000000, "other_non_operating_income_expense_net": 2600000, "income_from_continuing_operations_before_taxes": -440700000, "income_tax_expense": -94300000, "income_from_continuing_operations": -346400000, "income_from_discontinued_operations": -8000000, "net_income": -354400000, 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"sales": 135900000, "operating_income": 9600000 }, "corporate_and_other": { "sales": 520000000, "operating_income": -367300000 }, "total_segment_operating_income": 2857700000 } }, { "label": "FY2024", "period_start": "2023-10-01", "period_end": "2024-09-30", "period_type": "fiscal year", "source_accession": "0000002969-25-000055", "fiscal_year": 2024, "income_statement": { "revenue": 12100600000, "cost_of_sales": 8168700000, "selling_and_administrative_expense": 942400000, "research_and_development_expense": 100200000, "business_and_asset_actions": 57000000, "shareholder_activism_related_costs": 0, "gain_on_sale_of_business": 1575600000, "other_income_expense_net": 58200000, "operating_income": 4466100000, "equity_affiliates_income": 647700000, "interest_expense": 218800000, "other_non_operating_income_expense_net": -73800000, "income_from_continuing_operations_before_taxes": 4821200000, "income_tax_expense": 944900000, "income_from_continuing_operations": 3876300000, 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"liabilities_held_for_sale": 0, "total_current_liabilities": 4179600000, "long_term_debt": 13428600000, "long_term_debt_related_party": 104400000, "total_liabilities": 20900900000, "total_air_products_shareholders_equity": 17036500000, "noncontrolling_interests": 1637200000, "total_equity": 18673700000, "total_liabilities_and_equity": 39574600000, "total_debt": 14227900000, "common_shares_outstanding": 222372418 }, "cash_flow": { "operating_cash_flow": 3646700000, "depreciation_and_amortization": 1451100000, "capex": -6796700000, "cash_from_investing_activities": -4919200000, "long_term_debt_proceeds": 4678300000, "payments_on_long_term_debt": -486200000, "dividends_paid": -1564900000, "investments_by_noncontrolling_interests": 428500000, "cash_from_financing_activities": 2615400000, "free_cash_flow": -3150000000 }, "segments": { "americas": { "sales": 5040100000, "operating_income": 1565100000 }, "asia": { "sales": 3224300000, "operating_income": 859200000 }, "europe": { "sales": 2823400000, "operating_income": 810000000 }, "middle_east_and_india": { "sales": 134400000, "operating_income": 5900000 }, "corporate_and_other": { "sales": 878400000, "operating_income": -292700000 }, "total_segment_operating_income": 2947500000 } }, { "label": "FY2023", "period_start": "2022-10-01", "period_end": "2023-09-30", "period_type": "fiscal year", "source_accession": "0000002969-25-000055", "fiscal_year": 2023, "income_statement": { "revenue": 12600000000, "cost_of_sales": 8833000000, "selling_and_administrative_expense": 957000000, "research_and_development_expense": 105600000, "business_and_asset_actions": 244600000, "shareholder_activism_related_costs": 0, "gain_on_sale_of_business": 0, "other_income_expense_net": 34800000, "operating_income": 2494600000, "equity_affiliates_income": 604300000, "interest_expense": 177500000, "other_non_operating_income_expense_net": -39000000, "income_from_continuing_operations_before_taxes": 2882400000, "income_tax_expense": 551200000, "income_from_continuing_operations": 2331200000, "income_from_discontinued_operations": 7400000, "net_income": 2338600000, "net_income_attributable_to_noncontrolling_interests": 38400000, "net_income_attributable_to_air_products": 2300200000, "net_income_from_continuing_operations_attributable_to_air_products": 2292800000, "basic_eps": 10.35, "diluted_eps_continuing_operations": 10.3, "diluted_eps": 10.33, "basic_shares": 222300000, "diluted_shares": 222700000, "dividends_declared_per_share": 6.87 }, "cash_flow": { "operating_cash_flow": 3205700000, "depreciation_and_amortization": 1358300000, "capex": -4626400000, "cash_from_investing_activities": -5916400000, "long_term_debt_proceeds": 3516200000, "payments_on_long_term_debt": -615400000, "dividends_paid": -1496600000, "investments_by_noncontrolling_interests": 234900000, "cash_from_financing_activities": 1609600000, "free_cash_flow": -1420700000 }, "segments": { "americas": { "sales": 5369300000, "operating_income": 1439700000 }, "asia": { "sales": 3216100000, "operating_income": 906500000 }, "europe": { "sales": 2963100000, "operating_income": 663400000 }, "middle_east_and_india": { "sales": 162500000, "operating_income": 16900000 }, "corporate_and_other": { "sales": 889000000, "operating_income": -287300000 }, "total_segment_operating_income": 2739200000 } } ], "quarterly": [ { "label": "Q3 FY2026", "period_start": "2026-04-01", "period_end": "2026-06-30", "period_type": "three months", "source_accession": "0000002969-26-000036", "fiscal_year": 2026, "fiscal_quarter": 3, "income_statement": { "revenue": 3161000000, "cost_of_sales": 2125000000, "selling_and_administrative_expense": 219100000, "research_and_development_expense": 21500000, "business_and_asset_actions": 2907400000, "shareholder_activism_related_costs": 0, "gain_on_sale_of_business": 0, "other_income_expense_net": 14900000, "operating_income": -2097100000, "equity_affiliates_income": 205200000, "interest_expense": 49400000, "other_non_operating_income_expense_net": 3600000, "income_from_continuing_operations_before_taxes": -1937700000, "income_tax_expense": -515400000, "income_from_continuing_operations": -1422300000, "income_from_discontinued_operations": 0, "net_income": -1422300000, "net_income_attributable_to_noncontrolling_interests": 18500000, "net_income_attributable_to_air_products": -1440800000, "net_income_from_continuing_operations_attributable_to_air_products": -1440800000, "basic_eps": -6.47, "diluted_eps_continuing_operations": -6.47, "diluted_eps": -6.47, "basic_shares": 222800000, "diluted_shares": 222800000, "dividends_declared_per_share": 1.81 }, "balance_sheet": { "cash_and_cash_items": 980500000, "trade_receivables_net": 1881500000, "inventories": 751600000, "assets_held_for_sale": 475500000, "total_current_assets": 4963500000, "investment_in_equity_affiliates": 5577400000, "plant_and_equipment_net": 24995100000, "goodwill_net": 957400000, "intangible_assets_net": 278400000, "total_assets": 40445600000, "payables_and_accrued_liabilities": 3529600000, "short_term_borrowings": 126700000, "current_portion_of_long_term_debt": 769500000, "liabilities_held_for_sale": 51500000, "total_current_liabilities": 4575300000, "long_term_debt": 16585100000, "long_term_debt_related_party": 186200000, "total_liabilities": 23849200000, "total_air_products_shareholders_equity": 13883800000, "noncontrolling_interests": 2712600000, "total_equity": 16596400000, "total_liabilities_and_equity": 40445600000, "total_debt": 17667500000, "common_shares_outstanding": 222685530 }, "segments": { "americas": { "sales": 1321400000, "operating_income": 395400000 }, "asia": { "sales": 886000000, "operating_income": 256400000 }, "europe": { "sales": 815700000, "operating_income": 230700000 }, "middle_east_and_india": { "sales": 34800000, "operating_income": 8000000 }, "corporate_and_other": { "sales": 103100000, "operating_income": -80200000 }, "total_segment_operating_income": 810300000 } }, { "label": "Q3 FY2025", "period_start": "2025-04-01", "period_end": "2025-06-30", "period_type": "three months", "source_accession": "0000002969-26-000036", "fiscal_year": 2025, "fiscal_quarter": 3, "income_statement": { "revenue": 3022700000, "cost_of_sales": 2040100000, "selling_and_administrative_expense": 222600000, "research_and_development_expense": 24100000, "business_and_asset_actions": 24100000, "shareholder_activism_related_costs": 25000000, "gain_on_sale_of_business": 67300000, "other_income_expense_net": 36500000, "operating_income": 790600000, "equity_affiliates_income": 167600000, "interest_expense": 61400000, "other_non_operating_income_expense_net": -6000000, "income_from_continuing_operations_before_taxes": 890800000, "income_tax_expense": 159600000, "income_from_continuing_operations": 731200000, "income_from_discontinued_operations": -8000000, "net_income": 723200000, "net_income_attributable_to_noncontrolling_interests": 9400000, "net_income_attributable_to_air_products": 713800000, "net_income_from_continuing_operations_attributable_to_air_products": 721800000, "basic_eps": 3.2, "diluted_eps_continuing_operations": 3.24, "diluted_eps": 3.2, "basic_shares": 222800000, "diluted_shares": 222900000, "dividends_declared_per_share": 1.79 }, "segments": { "americas": { "sales": 1261000000, "operating_income": 374100000 }, "asia": { "sales": 810000000, "operating_income": 216800000 }, "europe": { "sales": 770500000, "operating_income": 225200000 }, "middle_east_and_india": { "sales": 38300000, "operating_income": 8100000 }, "corporate_and_other": { "sales": 142900000, "operating_income": -83100000 }, "total_segment_operating_income": 741100000 } } ], "year_to_date": { "label": "Nine months ended 30 June 2026 (9M FY2026)", "period_start": "2025-10-01", "period_end": "2026-06-30", "period_type": "nine months", "source_accession": "0000002969-26-000036", "fiscal_year": 2026, "prior_year_comparative": { "label": "Nine months ended 30 June 2025 (9M FY2025)", "period_start": "2024-10-01", "period_end": "2025-06-30", "period_type": "nine months", "source_accession": "0000002969-26-000036", "fiscal_year": 2025, "income_statement": { "revenue": 8870400000, "cost_of_sales": 6110500000, "selling_and_administrative_expense": 687000000, "research_and_development_expense": 69000000, "business_and_asset_actions": 2952000000, "shareholder_activism_related_costs": 86300000, "gain_on_sale_of_business": 67300000, "other_income_expense_net": 73300000, "operating_income": -893800000, "equity_affiliates_income": 463700000, "interest_expense": 146200000, "other_non_operating_income_expense_net": 14300000, "income_from_continuing_operations_before_taxes": -562000000, "income_tax_expense": -205500000, "income_from_continuing_operations": -356500000, "income_from_discontinued_operations": -8000000, "net_income": -364500000, "net_income_attributable_to_noncontrolling_interests": 34900000, "net_income_attributable_to_air_products": -399400000, "net_income_from_continuing_operations_attributable_to_air_products": -391400000, "basic_eps": -1.79, "diluted_eps_continuing_operations": -1.76, "diluted_eps": -1.79, "basic_shares": 222700000, "diluted_shares": 222700000, "dividends_declared_per_share": 5.35 }, "cash_flow": { "operating_cash_flow": 1995600000, "depreciation_and_amortization": 1151400000, "capex": -5504900000, "cash_from_investing_activities": -5681000000, "long_term_debt_proceeds": 3978200000, "payments_on_long_term_debt": -380100000, "dividends_paid": -1185700000, "investments_by_noncontrolling_interests": 485900000, "cash_from_financing_activities": 3034300000, "free_cash_flow": -3509300000 }, "segments": { "americas": { "sales": 3835800000, "operating_income": 1128000000 }, "asia": { "sales": 2401200000, "operating_income": 624600000 }, "europe": { "sales": 2195100000, "operating_income": 607200000 }, "middle_east_and_india": { "sales": 103900000, "operating_income": 4600000 }, "corporate_and_other": { "sales": 334400000, "operating_income": -318500000 }, "total_segment_operating_income": 2045900000 } }, "income_statement": { "revenue": 9435300000, "cost_of_sales": 6416900000, "selling_and_administrative_expense": 675000000, "research_and_development_expense": 63500000, "business_and_asset_actions": 2929400000, "shareholder_activism_related_costs": 0, "gain_on_sale_of_business": 0, "other_income_expense_net": 39600000, "operating_income": -609900000, "equity_affiliates_income": 556800000, "interest_expense": 153400000, "other_non_operating_income_expense_net": 3100000, "income_from_continuing_operations_before_taxes": -203400000, "income_tax_expense": -197300000, "income_from_continuing_operations": -6100000, "income_from_discontinued_operations": 0, "net_income": -6100000, "net_income_attributable_to_noncontrolling_interests": 46100000, "net_income_attributable_to_air_products": -52200000, "net_income_from_continuing_operations_attributable_to_air_products": -52200000, "basic_eps": -0.23, "diluted_eps_continuing_operations": -0.23, "diluted_eps": -0.23, "basic_shares": 222800000, "diluted_shares": 222800000, "dividends_declared_per_share": 5.41 }, "cash_flow": { "operating_cash_flow": 3309600000, "depreciation_and_amortization": 1131100000, "capex": -3354500000, "cash_from_investing_activities": -3311500000, "long_term_debt_proceeds": 644000000, "payments_on_long_term_debt": -662800000, "dividends_paid": -1200000000, "investments_by_noncontrolling_interests": 301500000, "cash_from_financing_activities": -876400000, "free_cash_flow": -44900000 }, "segments": { "americas": { "sales": 4047000000, "operating_income": 1173100000 }, "asia": { "sales": 2550100000, "operating_income": 728700000 }, "europe": { "sales": 2386700000, "operating_income": 665800000 }, "middle_east_and_india": { "sales": 94300000, "operating_income": 18400000 }, "corporate_and_other": { "sales": 357200000, "operating_income": -266500000 }, "total_segment_operating_income": 2319500000 } }, "trailing_twelve_months": { "label": "Twelve months ended 30 June 2026 (TTM)", "period_start": "2025-07-01", "period_end": "2026-06-30", "period_type": "trailing twelve months", "source_accession": "0000002969-26-000036", "derivation": "FY2025 (10-K, accession 0000002969-25-000055) plus nine months ended 30 June 2026, less nine months ended 30 June 2025 (both from the Q3 FY2026 10-Q, accession 0000002969-26-000036)", "cash_flow": { "free_cash_flow": -301400000, "operating_cash_flow": 4570800000, "capex": -4872200000, "depreciation_and_amortization": 1543900000, "dividends_paid": -1598400000 }, "income_statement": { "revenue": 12602200000, "cost_of_sales": 8562400000, "business_and_asset_actions": 3724400000, "operating_income": -593100000, "equity_affiliates_income": 740800000, "net_income": 4000000, "net_income_attributable_to_air_products": -47300000 }, "segments": { "total_segment_operating_income": 3131300000 } }, "notes": [ "Air Products' fiscal year ends 30 September. Q3 FY2026 is the three months ended 30 June 2026; FY2025 is the year ended 30 September 2025.", "Annual figures for FY2025, FY2024 and FY2023 come from the FY2025 10-K (accession 0000002969-25-000055). That filing prints balance sheets only as of 30 September 2025 and 2024, so FY2023 carries an income statement and cash flow but no balance sheet.", "The two quarters (Q3 FY2026 and Q3 FY2025), the nine-month year-to-date block and its prior-year comparative come from the Q3 FY2026 10-Q (accession 0000002969-26-000036). The 10-Q's balance sheet compares 30 June 2026 with 30 September 2025, so Q3 FY2025 carries no balance sheet; the 30 September 2025 balance sheet is the FY2025 annual entry.", "Template: industrial. 'revenue' is the line the company prints as 'Sales'. The company does not present a gross profit line, so none is reported here; cost of sales is shown as printed.", "Where a statement prints a dash, the figure is recorded as zero.", "Business and asset actions: Q3 FY2026 includes a pre-tax charge of $2,907.4 million for project exit decisions made in June 2026 (cancellation of a clean energy complex under construction in Louisiana, exit of a green hydrogen production facility under construction in Casa Grande, Arizona, and certain other smaller-scale clean energy distribution projects), $2,212.0 million after tax attributable to Air Products, per Note 4 of the Q3 FY2026 10-Q. This charge drives the quarter's operating loss of $2,097.1 million and net loss attributable to Air Products of $1,440.8 million. FY2025 (and the nine months ended 30 June 2025) likewise include large project exit charges from decisions approved in February 2025.", "FY2024 operating income includes a $1,575.6 million gain on the sale of the liquefied natural gas process technology and equipment business to Honeywell International Inc. on 30 September 2024.", "Segment figures are the company's reportable segments (Americas, Asia, Europe, Middle East and India, Corporate and other). Segment sales are sales to external customers. Segment operating income is the measure the company uses to evaluate its segments and excludes business and asset actions, shareholder activism-related costs, gains on sale of business and gain on sale of other assets ($31.3 million in Q3 FY2025, the first nine months of FY2025 and FY2025, recorded within Other income (expense), net), so total segment operating income does not equal consolidated operating income (Q3 FY2026: $810.3 million segment total versus a consolidated operating loss of $2,097.1 million).", "Net income is shown both consolidated ('net_income') and attributable to Air Products ('net_income_attributable_to_air_products'); earnings per share are struck on the latter. Noncontrolling interests include the partners' share of the consolidated NEOM Green Hydrogen Company joint venture.", "Per-share amounts are as printed. Weighted average share counts are printed in millions and are stored here as actual share counts. In loss periods diluted and basic per-share amounts are the same.", "Dividends declared per share are taken from the consolidated statements of equity ('Dividends on common stock ($X per share)'); dividends paid in cash are from the statements of cash flows.", "Cash flow outflows are negative, as the statements print them. 'capex' is the statement line 'Additions to plant and equipment, including long-term deposits'; it is not the company's own non-GAAP 'capital expenditures' measure, which adds acquisitions, investments in affiliates and financing receivables and excludes spending by the NEOM Green Hydrogen joint venture funded by sources other than Air Products' cash.", "Derived figures (not printed as such): free_cash_flow is operating cash flow plus the (negative) capex line; total_debt is short-term borrowings plus current portion of long-term debt plus long-term debt plus long-term debt to a related party; common_shares_outstanding is the 249,455,584 shares issued less treasury shares, both as printed on the balance sheet (for 30 June 2026 this equals the 222,685,530 shares the 10-Q cover reports outstanding).", "The trailing-twelve-months block is derived, not printed: FY2025 plus the nine months ended 30 June 2026, less the nine months ended 30 June 2025. It covers the main income statement and cash flow lines only; no trailing per-share figure is given because per-share amounts are not additive across periods." ], "uncertainties": [ "No three-month cash flow figures are reported for either quarter: the Q3 FY2026 10-Q (and the accompanying earnings release) present the statement of cash flows only for the nine months ended 30 June 2026 and 2025, and the six-month figures needed to isolate the quarter are not in the filings this page is built from. Cash flows appear in the nine-month and annual blocks only.", "The 30 June 2026 balance sheet has no separate short-term investments line, so that field is absent for Q3 FY2026 rather than zero." ], "headline": { "period": "Q3 FY2026", "period_end_words": "June 30, 2026", "metrics": [ { "label": "Revenue", "format": "usd", "value": 3161000000, "text": "$3.16 billion", "exact": "$3,161,000,000", "compact": "$3.16B", "abs": "$3.16 billion", "prior_value": 3022700000, "prior": "$3.02 billion", "priorabs": "$3.02 billion", "yoy": "up 4.6%", "source": { "array": "quarterly", "field": "income_statement.revenue", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-06-30", "period_start": "2026-04-01", "span_days": 90, "source_accession": "0000002969-26-000036", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-06-30", "prior_period_start": "2025-04-01", "prior_span_days": 90, "prior_source_accession": "0000002969-26-000036", "gap_days": 365 } }, { "label": "Net income", "format": "usd", "value": -1440800000, "text": "-$1.44 billion", "exact": "-$1,440,800,000", "compact": "-$1.44B", "abs": "$1.44 billion", "prior_value": 713800000, "prior": "$713.8 million", "priorabs": "$713.8 million", "yoy": "swung from $713.8 million", "source": { "array": "quarterly", "field": "income_statement.net_income_attributable_to_air_products", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-06-30", "period_start": "2026-04-01", "span_days": 90, "source_accession": "0000002969-26-000036", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-06-30", "prior_period_start": "2025-04-01", "prior_span_days": 90, "prior_source_accession": "0000002969-26-000036", "gap_days": 365 } }, { "label": "Diluted EPS", "format": "eps", "value": -6.47, "text": "-$6.47", "exact": "-$6.47", "compact": "-$6.47", "abs": "$6.47", "prior_value": 3.2, "prior": "$3.20", "priorabs": "$3.20", "yoy": "swung from $3.20", "source": { "array": "quarterly", "field": "income_statement.diluted_eps", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-06-30", "period_start": "2026-04-01", "span_days": 90, "source_accession": "0000002969-26-000036", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-06-30", "prior_period_start": "2025-04-01", "prior_span_days": 90, "prior_source_accession": "0000002969-26-000036", "gap_days": 365 } }, { "label": "Business and asset actions", "format": "usd", "value": 2907400000, "text": "$2.91 billion", "exact": "$2,907,400,000", "compact": "$2.91B", "abs": "$2.91 billion", "prior_value": null, "prior": null, "priorabs": null, "yoy": null, "source": { "array": "quarterly", "field": "income_statement.business_and_asset_actions", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-06-30", "period_start": "2026-04-01", "span_days": 90, "source_accession": "0000002969-26-000036" } }, { "label": "Segment operating income", "format": "usd", "value": 810300000, "text": "$810.3 million", "exact": "$810,300,000", "compact": "$810.30M", "abs": "$810.3 million", "prior_value": 741100000, "prior": "$741.1 million", "priorabs": "$741.1 million", "yoy": "up 9.3%", "source": { "array": "quarterly", "field": "segments.total_segment_operating_income", "index": 0, "period_label": "Q3 FY2026", "period_end": "2026-06-30", "period_start": "2026-04-01", "span_days": 90, "source_accession": "0000002969-26-000036", "prior_index": 1, "prior_period_label": "Q3 FY2025", "prior_period_end": "2025-06-30", "prior_period_start": "2025-04-01", "prior_span_days": 90, "prior_source_accession": "0000002969-26-000036", "gap_days": 365 } } ], "summary": "Air Products posted a net loss attributable to the company of $1.44 billion for Q3 FY2026, the quarter ended June 30, 2026, compared with net income of $713.8 million a year earlier, after taking $2.91 billion of pre-tax charges for business and asset actions tied to its decision to exit the Louisiana Clean Energy Complex, a green hydrogen facility under construction in Casa Grande, Arizona, and smaller clean energy distribution projects. The underlying business grew: sales were $3.16 billion, up 4.6% from a year earlier, and total segment operating income, which excludes those charges, was $810.3 million, up 9.3%. The diluted loss per share was $6.47, against diluted earnings per share of $3.20 in the same quarter a year earlier.", "qa": [ { "q": "How much revenue did Air Products report in Q3 FY2026?", "a": "Air Products reported sales of $3.16 billion for Q3 FY2026, the quarter ended June 30, 2026, up 4.6% from $3.02 billion in the same quarter a year earlier." }, { "q": "Did Air Products make a profit in Q3 FY2026?", "a": "No. Air Products posted a net loss attributable to the company of $1.44 billion for Q3 FY2026, compared with net income of $713.8 million a year earlier, after $2.91 billion of pre-tax charges for exiting clean energy projects." }, { "q": "What was Air Products' earnings per share in Q3 FY2026?", "a": "Air Products reported a diluted loss per share of $6.47 for Q3 FY2026, the quarter ended June 30, 2026, against diluted earnings per share of $3.20 in the same quarter a year earlier." }, { "q": "Why did Air Products post a loss in Q3 FY2026?", "a": "Air Products took $2.91 billion of pre-tax charges in Q3 FY2026 after deciding late in the quarter to exit the Louisiana Clean Energy Complex, a green hydrogen facility under construction in Casa Grande, Arizona, and smaller clean energy distribution projects. Total segment operating income, which excludes those charges, was $810.3 million, up 9.3% from $741.1 million a year earlier." } ] }, "company_details": { "Name": "Air Products & Chemicals, Inc.", "Ticker": "APD", "CIK": "0000002969", "Exchange": "NYSE", "State": "Pennsylvania", "Incorporation": "Delaware", "SIC": "2810", "Office": "Industrial Applications and Services", "Industry": "Industrial Inorganic Chemicals" }, "next_filing": { "predicted_date": "2026-11-19", "predicted_type": "10-K" }, "fiscal_period": { "fiscal_year": 2026, "fiscal_period": "Q3", "tag": "FY26Q3", "period_end": "2026-06-30", "form": "10-Q", "accession": "0000002969-26-000036", "fiscal_year_end": "0930", "source": "facts" }, "source_filings": [ { "role": "annual", "current": false, "form": "10-K", "fiscal_year": 2025, "fiscal_period": "FY", "tag": "FY25", "period_end": "2025-09-30", "filed": "2025-11-20", "accession": "0000002969-25-000055", "url": "https://www.sec.gov/Archives/edgar/data/2969/000000296925000055/apd-20250930.htm", "source": "reported" }, { "role": "quarterly", "current": true, "form": "10-Q", "fiscal_year": 2026, "fiscal_period": "Q3", "tag": "FY26Q3", "period_end": "2026-06-30", "filed": "2026-07-30", "accession": "0000002969-26-000036", "url": "https://www.sec.gov/Archives/edgar/data/2969/000000296926000036/apd-20260630.htm", "source": "facts" } ], "figure_sources": { "about": "Where each figure in this file is printed in its SEC filing. 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A figure with no entry is not printed in a tagged filing, either because it was calculated (margins, free cash flow, trailing twelve months, a quarter derived by subtraction) or because it comes from an untagged earnings release.", "documents": { "d1": "https://www.sec.gov/Archives/edgar/data/2969/000000296925000055/apd-20250930.htm", "d2": "https://www.sec.gov/Archives/edgar/data/2969/000000296926000036/apd-20260630.htm" }, "annual": [ { "period_end": "2025-09-30", "income_statement": { "revenue": "d1#f-72", "cost_of_sales": "d1#f-75", "selling_and_administrative_expense": "d1#f-78", "research_and_development_expense": "d1#f-81", "business_and_asset_actions": "d1#f-84", "shareholder_activism_related_costs": "d1#f-87", "gain_on_sale_of_business": "d1#f-90", "other_income_expense_net": "d1#f-93", "operating_income": "d1#f-96", "equity_affiliates_income": "d1#f-99", "interest_expense": "d1#f-102", "other_non_operating_income_expense_net": "d1#f-105", 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