AIR PRODUCTS AND CHEMICALS, INC. (APD) FY2026 Q1 P&L / Income Statement

AIR PRODUCTS AND CHEMICALS, INC. (APD) FY2026 Q1 P&L / Income Statement

Income statement for 2025-10-01 through 2025-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Sales

3,102,500,000 US dollars

Cost of sales

2,107,500,000 US dollars

Gross profit (calculated)

995,000,000 US dollars

Operating costs, net of other operating income (calculated)

260,500,000 US dollars

Operating Income

734,500,000 US dollars

Other income (expense), net (calculated)

116,300,000 US dollars

Income Before Taxes

850,800,000 US dollars

Income tax expense

159,400,000 US dollars

Net Income

691,400,000 US dollars

On-site

1,633,900,000 US dollars

Merchant

1,351,600,000 US dollars

Sale of Equipment

117,000,000 US dollars

Selling and administrative expense

228,700,000 US dollars

Research and development expense

20,400,000 US dollars

Business and asset actions

22,000,000 US dollars

Shareholder activism-related costs

0 US dollars

Other income (expense), net

negative 10,600,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to AIR PRODUCTS AND CHEMICALS, INC.: $678.20 M; to noncontrolling interests: $13.20 M.