Air Products & Chemicals (APD) Cost of Revenue (2009 - 2026)
Air Products & Chemicals (APD) reported Cost of Revenue of $2.2 billion for Q1 2026, up 6.35% on a YoY basis from $2.1 billion in Q1 2025, and up 3.65% sequentially from $2.1 billion in Q4 2025.
Air Products & Chemicals (APD) Cost of Revenue (2009 - 2026) Analysis & Trends
Air Products & Chemicals (APD) has 18 years of Cost of Revenue data on file, last reported at $2.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 6.35% year-over-year to $2.2 billion; the trailing twelve-month figure through Mar 2026 stood at $8.5 billion (up 3.63% YoY), and the FY2025 full-year result was $8.3 billion, up 1.07% from the prior year.
- Cost of Revenue improved to $2.2 billion in Q1 2026, from $2.1 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $2.6 billion in Q3 2022 to a low of $2.0 billion in Q1 2024.
- A 5-year average of $2.2 billion and a median of $2.1 billion in 2025 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 30.65% in 2022 and dropped 15.79% in 2023, its largest moves.
- Tracing APD's Cost of Revenue over 5 years: stood at $2.3 billion in 2022, then fell by 9.03% to $2.1 billion in 2023, then retreated by 2.45% to $2.0 billion in 2024, then rose by 4.51% to $2.1 billion in 2025, then climbed by 3.65% to $2.2 billion in 2026.
- Business Quant data shows APD's Cost of Revenue at $2.2 billion in Q1 2026, $2.1 billion in Q4 2025, and $2.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 4.52 Bn |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 2.89 Bn |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 2.35 Bn |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 2.18 Bn |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 2.28 Bn |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 6.50 Bn |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | 981.50 Mn |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 1.72 Bn |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 1.08 Bn |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 1.28 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.18 Bn |
| Mar 31, 2026 | 2.18 Bn |
| Dec 31, 2025 | 2.11 Bn |
| Dec 31, 2025 | 2.11 Bn |
| Sep 30, 2025 | 2.15 Bn |
| Sep 30, 2025 | 2.15 Bn |
| Jun 30, 2025 | 2.04 Bn |
| Jun 30, 2025 | 2.04 Bn |
| Mar 31, 2025 | 2.05 Bn |
| Mar 31, 2025 | 2.05 Bn |
| Dec 31, 2024 | 2.02 Bn |
| Dec 31, 2024 | 2.02 Bn |
| Sep 30, 2024 | 2.10 Bn |
| Sep 30, 2024 | 2.10 Bn |
| Jun 30, 2024 | 2.01 Bn |
| Jun 30, 2024 | 2.01 Bn |
| Mar 31, 2024 | 1.99 Bn |
| Mar 31, 2024 | 1.99 Bn |
| Dec 31, 2023 | 2.07 Bn |
| Dec 31, 2023 | 2.07 Bn |