10-Q quarterly report · filed Apr 30, 2026

Air Products (APD) Q1 2026 10-Q Quarterly Report

Short answer

Air Products (APD) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $3.2B (up 8.8% year over year) with net income of $710M.

Q1 2026 key financials · XBRL

Revenue
$3.2B
+8.8% YoY · +2.2% QoQ
Net income
$710M
+141.0% YoY · +4.7% QoQ
Operating margin
23.7%
EPS (diluted)
$3.19
+141.1% YoY · +4.9% QoQ

Source: XBRL data from the Air Products (APD) Q1 2026 10-Q on SEC EDGAR. USD.

Air Products Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q2 revenue $3,171.8M, up 9% YoY from $2,916.2M, driven by 4% volume and 4% currency
  • Adjusted operating margin 23.7% vs 21.6% YoY; GAAP margin 23.7% vs negative 79.8%
  • Best segment Asia: sales $832.6M, operating income $240.0M, margin 28.8% vs 24.7%
  • Worst segment Middle East and India: sales $29.2M, down 11%; operating income $4.6M vs loss of $2.9M

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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