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Air Products & Chemicals (APD) Cost of Revenue (2016 - 2025)

Air Products & Chemicals' Cost of Revenue history spans 17 years, with the latest figure at $2.1 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 4.51% year-over-year to $2.1 billion; the TTM value through Dec 2025 reached $8.3 billion, up 2.82%, while the annual FY2025 figure was $8.3 billion, 1.07% up from the prior year.
  • Cost of Revenue for Q4 2025 was $2.1 billion at Air Products & Chemicals, down from $2.1 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.6 billion in Q3 2022 and bottomed at $1.7 billion in Q1 2021.
  • The 5-year median for Cost of Revenue is $2.1 billion (2023), against an average of $2.1 billion.
  • The largest annual shift saw Cost of Revenue surged 36.22% in 2021 before it decreased 15.79% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $2.2 billion in 2021, then grew by 2.19% to $2.3 billion in 2022, then decreased by 9.03% to $2.1 billion in 2023, then fell by 2.45% to $2.0 billion in 2024, then increased by 4.51% to $2.1 billion in 2025.
  • Per Business Quant, the three most recent readings for APD's Cost of Revenue are $2.1 billion (Q4 2025), $2.1 billion (Q3 2025), and $2.0 billion (Q2 2025).