Revenue
$3.16B
Fiscal year ended 2026-06-30Operating income
-$2.10B
Fiscal year ended 2026-06-30Free cash flow
$309.50M
Fiscal year ended 2026-06-30Air Products & Chemicals, Inc. (APD) reported revenue of $3.16B and net income of -$1.44B for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Air Products & Chemicals, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Industrial Inorganic Chemicals.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.16B | $3.17B | $3.10B | $3.17B | $3.02B | $2.92B | $2.93B | $3.19B | $2.99B | $2.93B |
| Cost of revenue | $2.12B | $2.18B | $2.11B | $2.15B | $2.04B | $2.05B | $2.02B | $2.10B | $2.01B | $1.99B |
| Gross profit | $1.04B | $987.40M | $995.00M | $1.02B | $982.60M | $862.30M | $915.00M | $1.08B | $979.90M | $938.70M |
| Operating income | -$2.10B | $752.70M | $734.50M | $16.80M | $790.60M | -$2.33B | $643.60M | $2.42B | $737.60M | $637.20M |
| Net income | -$1.44B | $710.40M | $678.20M | $4.90M | $713.80M | -$1.73B | $617.40M | $1.95B | $696.60M | $572.40M |
| Research & development | $21.50M | $21.60M | $20.40M | $27.30M | $24.10M | $22.90M | $22.00M | $22.10M | $27.00M | $25.40M |
| Weighted-average diluted shares | shares 222.80M | shares 222.90M | shares 222.90M | Unavailable | shares 222.90M | shares 222.80M | shares 222.90M | Unavailable | shares 222.80M | shares 222.70M |
| Pretax income | -$1.94B | $883.50M | $850.80M | $121.30M | $890.80M | -$2.24B | $790.50M | $2.50B | $849.50M | $711.40M |
| Income tax expense | -$515.40M | $158.70M | $159.40M | $111.20M | $159.60M | -$505.80M | $140.70M | $538.40M | $140.60M | $130.50M |
| Diluted EPS | $-6.47 | $3.19 | $3.04 | Unavailable | $3.20 | $-7.77 | $2.77 | Unavailable | $3.13 | $2.57 |
| Selling, general & administrative | $219.10M | $227.20M | $228.70M | $219.10M | $222.60M | $222.00M | $242.40M | $228.00M | $235.40M | $240.60M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $980.50M | $951.00M | $1.03B | $1.86B | $2.32B | $1.49B | $1.85B | $2.98B | $2.38B | $2.54B |
| Total assets | $40.45B | $41.64B | $41.24B | $41.06B | $41.66B | $38.87B | $40.02B | $39.57B | $36.97B | $35.92B |
| Current assets | $4.96B | $5.01B | $5.10B | $5.83B | $6.15B | $5.19B | $5.35B | $6.36B | $5.68B | $6.06B |
| Total liabilities | $23.85B | $23.49B | $23.40B | $23.71B | $23.89B | $22.09B | $21.28B | $20.90B | $20.29B | $19.59B |
| Current liabilities | $4.58B | $3.51B | $3.50B | $4.22B | $4.76B | $5.21B | $4.81B | $4.18B | $4.47B | $4.06B |
| Total equity incl. NCI | $16.60B | $18.15B | $17.84B | $17.35B | $17.77B | $16.78B | $18.74B | $18.67B | $16.69B | $16.33B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $751.60M | $767.90M | $788.10M | $776.50M | $797.70M | $769.70M | $739.00M | $766.00M | $755.60M | $721.20M |
| Accounts receivable | $1.88B | $1.94B | $1.89B | $1.90B | $1.94B | $1.85B | $1.81B | $1.82B | $1.71B | $1.72B |
| Goodwill | $957.40M | $958.70M | $971.50M | $963.90M | $969.70M | $887.10M | $866.50M | $905.10M | $879.00M | $883.20M |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.31B | $1.10B | $900.70M | Unavailable | $855.80M | $328.10M | $811.70M | Unavailable | $1.26B | $801.70M |
| Capital expenditures | $995.70M | $1.11B | $1.25B | $1.52B | $1.50B | $1.89B | $2.12B | $2.08B | $1.61B | $1.67B |
| Investing cash flow | -$992.70M | -$1.08B | -$1.24B | Unavailable | -$1.26B | -$2.24B | -$2.18B | Unavailable | -$1.55B | -$1.56B |
| Financing cash flow | -$285.30M | -$101.00M | -$490.10M | Unavailable | $1.21B | $1.55B | $274.20M | Unavailable | $135.20M | $1.35B |
| Net change in cash | $29.50M | -$75.40M | -$829.60M | -$468.30M | $832.90M | -$354.10M | -$1.13B | $604.00M | -$159.30M | $572.40M |
| Stock-based compensation | $12.20M | $15.90M | $10.60M | $10.70M | $11.00M | $38.30M | $16.40M | $15.60M | $17.70M | $14.70M |
| Common dividends paid | $403.00M | $398.60M | $398.40M | $398.40M | $398.30M | $393.80M | $393.60M | $393.50M | $393.50M | $389.00M |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $385.40M | $375.00M | $370.70M | $412.80M | $401.00M | $383.60M | $366.80M | $380.80M | $360.30M | $360.80M |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $309.50M | -$3.90M | -$350.50M | Unavailable | -$640.00M | -$1.56B | -$1.31B | Unavailable | -$345.20M | -$867.70M |
| Gross margin | 32.8% | 31.1% | 32.1% | 32.3% | 32.5% | 29.6% | 31.2% | 34.0% | 32.8% | 32.0% |
| Operating margin | -66.3% | 23.7% | 23.7% | 0.5% | 26.2% | -79.8% | 22.0% | 76.1% | 24.7% | 21.7% |
| FCF margin | 9.8% | -0.1% | -11.3% | Unavailable | -21.2% | -53.6% | -44.5% | Unavailable | -11.6% | -29.6% |
| SBC / revenue | 0.4% | 0.5% | 0.3% | 0.3% | 0.4% | 1.3% | 0.6% | 0.5% | 0.6% | 0.5% |
| Current ratio | 1.08x | 1.43x | 1.46x | 1.38x | 1.29x | 1.00x | 1.11x | 1.52x | 1.27x | 1.49x |
| Revenue YoY growth | 4.6% | 8.8% | 5.8% | -0.6% | 1.2% | -0.5% | -2.2% | -0.1% | -1.6% | -8.4% |
| Net margin | -45.6% | 22.4% | 21.9% | 0.2% | 23.6% | -59.3% | 21.1% | 61.2% | 23.3% | 19.5% |
| R&D / revenue | 0.7% | 0.7% | 0.7% | 0.9% | 0.8% | 0.8% | 0.8% | 0.7% | 0.9% | 0.9% |
| CapEx / revenue | 31.5% | 34.9% | 40.3% | 47.9% | 49.5% | 64.9% | 72.2% | 65.1% | 53.8% | 57.0% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | 18.0% | 18.7% | 91.7% | 17.9% | Unavailable | 17.8% | 21.5% | 16.6% | 18.3% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open APD in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-04-30View SEC filing
10-Q · Filed 2026-01-30View SEC filing
10-K · Filed 2025-11-20View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-05-01View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.