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

- Company: AIR PRODUCTS AND CHEMICALS, INC. (APD)
- Period: 2025-10-01 to 2025-12-31
- Filing: Q1 FY2026 10-Q, filed 2026-01-30, accession number 0000002969-26-000008
- Page: https://plicit.ai/financials/apd/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/apd-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/apd/fy2026-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/apd-fy2026-q1-revenue-by-business-segment-sankey.png

Income statement for 2025-10-01 through 2025-12-31. View: Business segment. 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
- **Americas**: 1,341,700,000 US dollars
- **Asia**: 831,500,000 US dollars
- **Europe**: 782,000,000 US dollars
- **Middle East and India**: 30,300,000 US dollars
- **Corporate and other**: 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
- **Americas costs (calculated)**: 937,900,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Asia costs (calculated)**: 599,200,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Europe costs (calculated)**: 558,500,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Middle East and India costs (calculated)**: 24,500,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Corporate and other costs (calculated)**: 225,900,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 22,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### 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.