Filing Flows › Air Products & Chemicals (APD) › Q3 FY26 › vs Q2 FY26
Air Products & Chemicals (APD) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Air Products & Chemicals's revenue fell $10.8M (-0.3%) from $3.2B in Q2 FY26 to $3.2B in Q3 FY26.
Air Products & Chemicals, Q3 FY26: revenue $3.2B (+5% year over year), operating margin -66.3%, net loss $1.4B, operating cash flow $1.3B. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 9.8% | -0.1% | +9.9 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $3.2B | $3.2B | −$10.8M | -0.3% |
| Other income, net | $159M | $131M | $28.6M | +22% |
| Income tax benefit | $515M | −$159M | $674M | — |
| Net loss | $1.4B | −$725M | $2.1B | — |
| Costs & expenses | $5.3B | $3.3B | $2.0B | +59% |
| Operating costs | $5.3B | $2.4B | $2.8B | +117% |
| Operating cash sources | $2.7B | $379M | $2.3B | +620% |
| Depreciation & amortization | $385M | $375M | $10.4M | +3% |
| Share-based compensation | $12.2M | $15.9M | −$3.7M | -23% |
| Working capital & other | $2.3B | −$12.0M | $2.3B | — |
| Net loss absorbed | $1.4B | −$725M | $2.1B | — |
| Operating cash flow | $1.3B | $1.1B | $202M | +18% |
| Free cash flow (OCF − capex) | $310M | −$3.9M | $313M | — |
| Capital expenditures | $996M | $1.1B | −$112M | -10% |
Questions
How much did Air Products & Chemicals's revenue grow quarter over quarter in Q3 FY26?
Air Products & Chemicals's revenue fell $10.8M (-0.3%) from $3.2B in Q2 FY26 to $3.2B in Q3 FY26.