Filing Flows › Air Products & Chemicals (APD) › Q4 FY26
Air Products & Chemicals (APD) Q4 FY26 earnings results (fourth quarter fiscal 2026)
8-K filed Nov 5, 2026
Air Products & Chemicals (APD) reported revenue of $3.6B for the fourth quarter fiscal 2026 (Q4 FY26), +12% from a year earlier and +12% from the quarter before. Operating margin was 17.8%, net earnings $584M (16.4% of revenue).
Air Products & Chemicals, Q4 FY26: revenue $3.6B (+12% year over year), operating margin 17.8%, net earnings $584M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6B | +12% | +12% |
| Operating profit | $633M | — | 38× |
| Net earnings | $584M | — | 119× |
What changed
Revenue was $3.6B in Q4 FY26, up 12% year over year and up 12% from the previous quarter.
Operating profit was $0.63B, a 17.8% margin (up 17.3 points year over year). Of the extra revenue versus Q4 FY25, 159% reached operating profit, above the 1% margin then. Total costs fell 7% while revenue rose 12%. The fastest-growing cost line was Cost of revenue (+15%). Net earnings were $0.58B, up 11824% year over year ($0.56B including minority interests, which bore $0.03B of losses). The effective tax rate was 26.3%.
Questions
What was Air Products & Chemicals' revenue in the fourth quarter fiscal 2026?
Air Products & Chemicals (APD) reported revenue of $3.6B for the fourth quarter fiscal 2026 (Q4 FY26), +12% from a year earlier and +12% from the quarter before.
Was Air Products & Chemicals profitable in the fourth quarter fiscal 2026?
Operating profit was $633M (17.8% of revenue) and net earnings $584M.