Air Products & Chemicals (APD) Operating Income (2009 - 2026)
Air Products & Chemicals' (APD) quarterly Operating Income came in at -$2.1 billion in Q2 2026, down 365.25% year-over-year from $790.6 million in Q2 2025, and down 378.61% quarter-over-quarter from $752.7 million in Q1 2026.
Analysis
Air Products & Chemicals (APD) Operating Income (2009 - 2026) Analysis & Trends
Air Products & Chemicals has disclosed Operating Income across 18 years of filings, most recently posting -$2.1 billion for Q2 2026.
- In Q2 2026, Operating Income fell 365.25% year-over-year to -$2.1 billion; the TTM figure through Jun 2026 stood at -$593.1 million (down 138.75% YoY), while the FY2025 annual figure was -$877.0 million, down 119.64% from the prior year.
- Operating Income came in at -$2.1 billion for Q2 2026 at Air Products & Chemicals, down from $752.7 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $2.4 billion in Q3 2024 to a low of -$2.3 billion in Q1 2025.
- Average Operating Income over 5 years is $405.0 million, with a median of $643.9 million recorded in 2023.
- Year-over-year, Operating Income surged 228.24% in 2024 and sank 465.35% in 2025.
- Over 5 years, Operating Income stood at $652.0 million in 2022, then climbed by 2.29% to $666.9 million in 2023, then decreased by 3.49% to $643.6 million in 2024, then rose by 14.12% to $734.5 million in 2025, then slumped by 385.51% to -$2.1 billion in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$2.1 billion in Q2 2026, $752.7 million in Q1 2026, and $734.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 215.95 Bn | 211.05 Bn | 4.43 Bn | 2.55 Bn |
| 2 | Air Products & Chemicals | 65.90 Bn | 64.92 Bn | 1.04 Bn | -2.10 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.10 Bn |
| Mar 31, 2026 | 752.70 Mn |
| Dec 31, 2025 | 734.50 Mn |
| Sep 30, 2025 | 16.80 Mn |
| Jun 30, 2025 | 790.60 Mn |
| Mar 31, 2025 | -2.33 Bn |
| Dec 31, 2024 | 643.60 Mn |
| Sep 30, 2024 | 2.42 Bn |
| Jun 30, 2024 | 737.60 Mn |
| Mar 31, 2024 | 637.20 Mn |
| Dec 31, 2023 | 666.90 Mn |
| Sep 30, 2023 | 738.60 Mn |
| Jun 30, 2023 | 644.20 Mn |
| Mar 31, 2023 | 459.80 Mn |
| Dec 31, 2022 | 652.00 Mn |
| Sep 30, 2022 | 626.50 Mn |
| Jun 30, 2022 | 627.40 Mn |
| Mar 31, 2022 | 561.90 Mn |
| Dec 31, 2021 | 523.00 Mn |
| Sep 30, 2021 | 616.70 Mn |