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

Air Products & Chemicals' Operating Expenses history runs 18 years deep, the most recent figure standing at $248.8 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 92.16% year-over-year to $248.8 million; the TTM figure through Mar 2026 stood at $1.8 billion (down 53.61% YoY), while the FY2025 annual figure 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.
• A 5-year average of $499.8 million and a median of $264.4 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 882.29% in 2025 and slumped 92.16% in 2026, its largest moves.
• Air Products & Chemicals' Operating Expenses stood at $258.8 million in 2022, then grew by 2.05% to $264.1 million in 2023, then advanced by 0.11% to $264.4 million in 2024, then climbed by 2.53% to $271.1 million in 2025, then decreased by 8.23% to $248.8 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $248.8 million, $271.1 million, and $1.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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