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

Revenue by Business Segment

2025-10-01 to 2025-12-31

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AIR PRODUCTS AND CHEMICALS, INC. (APD) FY2026 Q1 P&L / Income StatementIncome statement for 2025-10-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETAmericasAsiaEuropeCorporate and otherMiddle East and IndiaSalesGross profit (calculated)Cost of salesOperating IncomeOperating costs, net of other operating income (calculated)Selling and administrative expenseBusiness and asset actionsResearch and development expenseOther income (expense), netOther income (expense), net (calculated)Income Before TaxesNet IncomeIncome tax expenseOther income (expense), net (calculated)Other income,net (calculated)$116.30 MGross profit (calculated)Gross profit(calculated)$995.00 MIncome Before TaxesIncome Before Taxes$850.80 MSalesSales$3.10 BOperating IncomeOperating Income$734.50 MNet IncomeNet Income$691.40 MAmericasAmericas$1.34 BOperating costs, net of other operating income (calculated)Operating costs,net (calculated)$260.50 MIncome tax expenseIncome tax expense$159.40 MCost of salesCost of sales$2.11 BSelling and administrative expenseSelling and administrative expense$228.70 MAsiaAsia$831.50 MBusiness and asset actionsBusiness and asset actions$22.00 MEuropeEurope$782.00 MResearch and development expenseResearch anddevelopment expense$20.40 MOther income (expense), netOther income (expense), net−$10.60 MCorporate and otherCorporate and other$117.00 MMiddle East and IndiaMiddle East and India$30.30 M
Chart details

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

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.
AIR PRODUCTS AND CHEMICALS, INC. (APD) FY2026 Q1 Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

32.1%

Gross profit / revenue

Operating margin

23.7%

Operating profit / revenue

Cash conversion

130.3%

Operating cash / net income, same period

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