Air Products & Chemicals (APD) Cost of Revenue (2009 - 2026)

Air Products & Chemicals has disclosed Cost of Revenue across 18 years of filings, most recently posting $2.2 billion for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $2.2 billion, up 6.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.5 billion (up 3.63% YoY), and the FY2025 annual result 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.
• The 5-year median for Cost of Revenue is $2.1 billion (2025), against an average of $2.2 billion.
• Across the five-year window, Cost of Revenue surged 30.65% in 2022 and dropped 15.79% in 2023, its largest moves.
• Air Products & Chemicals' Cost of Revenue stood at $2.3 billion in 2022, then fell by 9.03% to $2.1 billion in 2023, then dropped by 2.45% to $2.0 billion in 2024, then gained by 4.51% to $2.1 billion in 2025, then grew by 3.65% to $2.2 billion in 2026.
• The last three Cost of Revenue figures came in at $2.2 billion (Q1 2026), $2.1 billion (Q4 2025), and $2.1 billion (Q3 2025), per Business Quant data.