Filing Flows › Air Products & Chemicals (APD) › How it makes money
How Air Products & Chemicals (APD) makes money
Air Products & Chemicals (APD) made $3.6B of revenue in the fourth quarter fiscal 2026 (Q4 FY26), +12% from a year earlier. Of every dollar of revenue, 18¢ was left as operating profit, 16¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q4 FY26 | % of revenue |
|---|---|---|
| Revenue | $3.6B | 100.0% |
| Operating profit | $633M | 17.8% |
| Income tax | $199M | 5.6% |
| Net earnings | $584M | 16.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q4 FY26 | $3.6B | +12% |
| Q3 FY26 | $3.2B | +5% |
| Q2 FY26 | $3.2B | +9% |
| Q1 FY26 | $3.1B | +6% |
| Q4 FY25 | $3.2B | -0.6% |
| Q3 FY25 | $3.0B | +1% |
| Q2 FY25 | $2.9B | -0.5% |
From Air Products & Chemicals' 8-K filed Nov 5, 2026 (on EDGAR).
Questions
How does Air Products & Chemicals make money?
Air Products & Chemicals (APD) made $3.6B of revenue in the fourth quarter fiscal 2026 (Q4 FY26), +12% from a year earlier. Of every dollar of revenue, 18¢ was left as operating profit, 16¢ was left as net earnings.
What is Air Products & Chemicals' profit margin?
Net earnings were $584M, 16.4% of revenue, in the fourth quarter fiscal 2026; the operating margin was 17.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.