Air Products & Chemicals (APD) Operating Expenses (2009 - 2026)

Air Products & Chemicals has disclosed Operating Expenses across 18 years of filings, most recently posting $248.8 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $248.8 million, down 92.16% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.8 billion (down 53.61% YoY), and the FY2025 annual result was $4.7 billion, up 331.92% from the prior year.
• Operating Expenses came in at $248.8 million for Q1 2026 at Air Products & Chemicals, down from $271.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $3.2 billion in Q1 2025 to a low of $241.7 million in Q2 2022.
• The 5-year median for Operating Expenses is $264.4 million (2024), against an average of $499.8 million.
• Across the five-year window, Operating Expenses surged 882.29% in 2025 and tumbled 92.16% in 2026, its largest moves.
• Air Products & Chemicals' Operating Expenses stood at $258.8 million in 2022, then climbed by 2.05% to $264.1 million in 2023, then gained by 0.11% to $264.4 million in 2024, then advanced by 2.53% to $271.1 million in 2025, then retreated by 8.23% to $248.8 million in 2026.
• The last three Operating Expenses figures came in at $248.8 million (Q1 2026), $271.1 million (Q4 2025), and $1.0 billion (Q3 2025), per Business Quant data.