Air Products & Chemicals (APD) Research & Development (2009 - 2026)

Air Products & Chemicals has reported Research & Development for 18 years, with the latest figure at $21.5 million in Q2 2026.

• Quarterly Research & Development fell 10.79% year-over-year to $21.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $90.8 million (changed 0.33% YoY) and the FY2025 annual result came in at $96.3 million, down 3.89% from the prior year.
• Research & Development held at $21.5 million in Q2 2026 per APD's latest filing, from $21.6 million in the prior quarter.
• Over five years, Research & Development peaked at $31.1 million in Q3 2022 and troughed at $20.4 million in Q4 2025.
• A 5-year average of $24.7 million and a median of $24.5 million in 2022 frame the typical range for Research & Development.
• The sharpest annual moves came in 2023 and 2025: Research & Development decreased 20.58% in 2023, then advanced 23.53% in 2025.
• Over 5 years, Research & Development stood at $24.4 million in 2022, then gained by 5.33% to $25.7 million in 2023, then declined by 14.4% to $22.0 million in 2024, then declined by 7.27% to $20.4 million in 2025, then rose by 5.39% to $21.5 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $21.5 million, $21.6 million, and $20.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.