Filing Flows

Filing Flows › Air Products & Chemicals (APD) › Q4 FY26 › vs Q4 FY25

Air Products & Chemicals (APD) Q4 FY26 vs Q4 FY25 (year over year)

Air Products & Chemicals's revenue rose $389M (+12%) from $3.2B in Q4 FY25 to $3.6B in Q4 FY26. Operating margin 17.8% against 0.5% (+17.3 pts).

Air Products & Chemicals, Q4 FY26: revenue $3.6B (+12% year over year), operating margin 17.8%, net earnings $584M. The chart draws each line against Q4 FY25, the increases inside each band.

Air Products & Chemicals: what changed, Q4 FY26 vs Q4 FY25Air Products & Chemicals: what changed, Q4 FY26 vs Q4 FY25Pre-tax earnings$634MOperating profit$616MNet earnings$579MOther operating costs−$332MCost of revenue$325MCosts & expenses−$228MIncome tax$87.7MLoss borne by minority intere…$33.0MOther income, net$17.7MResearch & development−$1.9M

Margins

Q4 FY26Q4 FY25Change
Operating margin17.8%0.5%+17.3 pts
Net margin16.4%0.2%+16.3 pts

Every line

LineQ4 FY26Q4 FY25Change%
Revenue$3.6B$3.2B$389M+12%
Other income, net$122M$104M$17.7M+17%
Operating profit$633M$16.8M$616M38×
Costs & expenses$2.9B$3.2B−$228M-7%
Pre-tax earnings$755M$121M$634M+523%
Cost of revenue$2.5B$2.1B$325M+15%
Research & development$25.4M$27.3M−$1.9M-7%
Other operating costs$426M$758M−$332M-44%
Loss borne by minority interests$27.8M−$5.2M$33.0M—
Net earnings$584M$4.9M$579M119×
Income tax$199M$111M$87.7M+79%

Questions

How much did Air Products & Chemicals's revenue grow year over year in Q4 FY26?

Air Products & Chemicals's revenue rose $389M (+12%) from $3.2B in Q4 FY25 to $3.6B in Q4 FY26. Operating margin 17.8% against 0.5% (+17.3 pts).

Q4 FY26 results → · Compare in the interactive Sankey →