Filing Flows › Air Products & Chemicals (APD) › R&D spending
Air Products & Chemicals (APD) R&D spending by quarter
Air Products & Chemicals' R&D spending was $25.4M in Q4 FY26 (fourth quarter fiscal 2026), +18% from Q3 FY26. Over the last 5 quarters it ranged from $20.4M (Q1 FY26) to $27.3M (Q4 FY25).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q4 FY26 | $25.4M | +18% | -7% |
| Q3 FY26 | $21.5M | +5% | — |
| Q1 FY26 | $20.4M | -25% | — |
| Q4 FY25 | $27.3M | +19% | — |
| Q2 FY25 | $22.9M | — | — |
Q4 FY26 at a glance
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.
Questions
What is Air Products & Chemicals' R&D spending?
Air Products & Chemicals' R&D spending was $25.4M in Q4 FY26 (fourth quarter fiscal 2026), +18% from Q3 FY26.
How has Air Products & Chemicals' R&D spending changed?
Over the last 5 quarters it ranged from $20.4M (Q1 FY26) to $27.3M (Q4 FY25).
Q4 FY26 results → · How Air Products & Chemicals makes money →