Air Products & Chemicals (APD) Cost of Revenue (2009 - 2026)
Air Products & Chemicals recorded quarterly Cost of Revenue of $2.2 billion in Q1 2026, up 3.65% quarter-over-quarter from $2.1 billion in Q4 2025, and up 6.35% year-over-year from $2.1 billion in Q1 2025.
Air Products & Chemicals' Cost of Revenue history runs 18 years deep, the most recent figure standing at $2.2 billion for Q1 2026.
- In Q1 2026, Cost of Revenue rose 6.35% year-over-year to $2.2 billion; the TTM figure through Mar 2026 stood at $8.5 billion (up 3.63% YoY), while the FY2025 annual figure was $8.3 billion, up 1.07% from the prior year.
- Cost of Revenue came in at $2.2 billion for Q1 2026 at Air Products & Chemicals, up 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 soared 30.65% in 2022 and declined 15.79% in 2023, its largest moves.
- Air Products & Chemicals' Cost of Revenue stood at $2.3 billion in 2022, then retreated by 9.03% to $2.1 billion in 2023, then declined by 2.45% to $2.0 billion in 2024, then advanced by 4.51% to $2.1 billion in 2025, then increased by 3.65% to $2.2 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $2.2 billion, $2.1 billion, and $2.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 Bn | 4.26 Bn | 4.52 Bn |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 981.50 Mn |
| 3 | Sherwin Williams | 72.51 Bn | 72.30 Bn | 2.78 Bn | 2.89 Bn |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 2.35 Bn |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 2.18 Bn |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 2.28 Bn |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 6.50 Bn |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | 927.77 Mn |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 1.08 Bn |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 1.72 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 |
| Sep 30, 2023 | 2.21 Bn |
| Sep 30, 2023 | 2.21 Bn |
| Jun 30, 2023 | 2.07 Bn |
| Jun 30, 2023 | 2.07 Bn |
| Mar 31, 2023 | 2.28 Bn |
| Mar 31, 2023 | 2.28 Bn |
| Dec 31, 2022 | 2.27 Bn |
| Dec 31, 2022 | 2.27 Bn |
| Sep 30, 2022 | 2.62 Bn |
| Sep 30, 2022 | 2.62 Bn |
| Jun 30, 2022 | 2.34 Bn |
| Jun 30, 2022 | 2.34 Bn |
| Mar 31, 2022 | 2.15 Bn |
| Mar 31, 2022 | 2.15 Bn |
| Dec 31, 2021 | 2.22 Bn |
| Dec 31, 2021 | 2.22 Bn |
| Sep 30, 2021 | 2.01 Bn |
| Sep 30, 2021 | 2.01 Bn |
| Jun 30, 2021 | 1.80 Bn |
| Jun 30, 2021 | 1.80 Bn |
| Mar 31, 2021 | 1.75 Bn |
| Mar 31, 2021 | 1.75 Bn |
| Dec 31, 2020 | 1.63 Bn |
| Dec 31, 2020 | 1.63 Bn |
| Sep 30, 2020 | 1.57 Bn |
| Sep 30, 2020 | 1.57 Bn |
| Jun 30, 2020 | 1.34 Bn |
| Jun 30, 2020 | 1.34 Bn |
| Mar 31, 2020 | 1.46 Bn |
| Mar 31, 2020 | 1.46 Bn |
| Dec 31, 2019 | 1.49 Bn |
| Dec 31, 2019 | 1.49 Bn |
| Sep 30, 2019 | 1.49 Bn |
| Sep 30, 2019 | 1.49 Bn |
| Jun 30, 2019 | 1.47 Bn |
| Jun 30, 2019 | 1.47 Bn |
| Mar 31, 2019 | 1.47 Bn |
| Mar 31, 2019 | 1.47 Bn |
| Dec 31, 2018 | 1.54 Bn |
| Dec 31, 2018 | 1.54 Bn |
| Sep 30, 2018 | 24.10 Mn |
| Sep 30, 2018 | 24.10 Mn |
| Jun 30, 2018 | 1.55 Bn |
| Jun 30, 2018 | 1.55 Bn |
| Mar 31, 2018 | 1.51 Bn |
| Mar 31, 2018 | 1.51 Bn |
| Dec 31, 2017 | 1.57 Bn |
| Dec 31, 2017 | 1.57 Bn |
| Sep 30, 2017 | 1.55 Bn |
| Sep 30, 2017 | 1.55 Bn |
| Jun 30, 2017 | 1.49 Bn |
| Jun 30, 2017 | 1.49 Bn |
| Mar 31, 2017 | 1.40 Bn |
| Mar 31, 2017 | 1.40 Bn |
| Dec 31, 2016 | 1.32 Bn |
| Dec 31, 2016 | 1.32 Bn |
| Sep 30, 2016 | 1.35 Bn |
| Sep 30, 2016 | 1.35 Bn |
| Jun 30, 2016 | 1.32 Bn |
| Jun 30, 2016 | 1.32 Bn |
| Mar 31, 2016 | 1.21 Bn |
| Mar 31, 2016 | 1.21 Bn |
| Dec 31, 2015 | 1.30 Bn |
| Dec 31, 2015 | 1.30 Bn |
| Sep 30, 2015 | 355.10 Mn |
| Sep 30, 2015 | 355.10 Mn |
| Jun 30, 2015 | 1.72 Bn |
| Jun 30, 2015 | 1.72 Bn |
| Mar 31, 2015 | 1.70 Bn |
| Mar 31, 2015 | 1.70 Bn |
| Dec 31, 2014 | 1.83 Bn |
| Dec 31, 2014 | 1.83 Bn |
| Sep 30, 2014 | 1.93 Bn |
| Sep 30, 2014 | 1.93 Bn |
| Jun 30, 2014 | 1.92 Bn |
| Jun 30, 2014 | 1.92 Bn |
| Mar 31, 2014 | 1.92 Bn |
| Mar 31, 2014 | 1.92 Bn |
| Dec 31, 2013 | 1.87 Bn |
| Dec 31, 2013 | 1.87 Bn |
| Jun 30, 2013 | 1.88 Bn |
| Jun 30, 2013 | 1.88 Bn |
| Mar 31, 2013 | 1.81 Bn |
| Mar 31, 2013 | 1.81 Bn |
| Dec 31, 2012 | 1.90 Bn |
| Dec 31, 2012 | 1.90 Bn |
| Sep 30, 2012 | 1.92 Bn |
| Sep 30, 2012 | 1.92 Bn |
| Jun 30, 2012 | 1.69 Bn |
| Jun 30, 2012 | 1.69 Bn |
| Mar 31, 2012 | 1.72 Bn |
| Mar 31, 2012 | 1.72 Bn |
| Dec 31, 2011 | 1.72 Bn |
| Dec 31, 2011 | 1.72 Bn |
| Sep 30, 2011 | 1.85 Bn |
| Sep 30, 2011 | 1.85 Bn |
| Jun 30, 2011 | 1.83 Bn |
| Jun 30, 2011 | 1.83 Bn |
| Mar 31, 2011 | 1.75 Bn |
| Mar 31, 2011 | 1.75 Bn |
| Dec 31, 2010 | 1.72 Bn |
| Dec 31, 2010 | 1.72 Bn |
| Sep 30, 2010 | 1.48 Bn |
| Sep 30, 2010 | 1.48 Bn |
| Jun 30, 2010 | 1.61 Bn |
| Jun 30, 2010 | 1.61 Bn |
| Mar 31, 2010 | 1.63 Bn |
| Mar 31, 2010 | 1.63 Bn |
| Dec 31, 2009 | 1.57 Bn |
| Dec 31, 2009 | 1.57 Bn |
| Sep 30, 2009 | 1.55 Bn |
| Sep 30, 2009 | 1.55 Bn |
| Jun 30, 2009 | 1.43 Bn |
| Jun 30, 2009 | 1.43 Bn |
| Mar 31, 2009 | 1.44 Bn |
| Mar 31, 2009 | 1.44 Bn |