Air Products & Chemicals Reports $122 million Quarterly Revenue
Air Products & Chemicals reported quarterly results highlighted by air Products Reports Fiscal 2026 Full-Year and Fourth Quarter Results; Provides Fiscal 2027 Guidance, according to its earnings release filed with an 8-K Thursday.
Delivered double-digit adjusted EPS growth in fiscal 2026 | Improved core business performance. Adjusted earnings per share of $13.45 increased 12 percent and exceeded guidance midpoint; adjusted operating income of $3.2 billion increased 11 percent. GAAP EPS # of $2.62 and operating income of $633 million reflect the impact of project exits, primarily related to two China coal gasification plants. Adjusted EPS of $3.61 exceeded guidance midpoint; adjusted operating income of $856 million.
Results detail
Further figures in the release included Fiscal 2027 full-year adjusted EPS guidance of $14.15 to $14.50; fiscal 2027 first quarter adjusted EPS guidance of $3.35 to $3.45; Corporate and other sales of $122 million decreased 34 percent from the prior year. Operating loss was $108 million compared to $49 million in the prior year, driven by lower sale of equipment activity and higher costs; Air Products expects full-year fiscal 2027 adjusted EPS guidance in the range of $14.15 to $14.50. For the fiscal 2027 first quarter, Air Products' adjusted EPS guidance is $3.35 to $3.45.
The filing is an Item 2.02 results announcement furnished with Exhibit 99.1. Comparisons use the year-earlier period as presented by Air Products & Chemicals unless the release specifies another baseline. Where both GAAP and non-GAAP metrics appear, both are summarized when the extract includes them.
Segment mix, cash flow and any outlook language in the release are the usual secondary reads after the headline revenue and earnings figures. One-time items—restructuring, impairments, gains on sales or legal settlements—can move GAAP profit without changing the run-rate story, so reconciliations remain essential.
Why it matters
For retail investors, the Air Products & Chemicals print is a check on whether growth, margins and cash generation are moving together. The figures above come from the company’s Exhibit 99.1 earnings materials; how they stack up against the prior-year run rate and any guide published with the release will shape the near-term debate.
By the numbers
- Air Products Reports Fiscal 2026 Full-Year and Fourth Quarter Results; Provides Fiscal 2027 Guidance
- Delivered double-digit adjusted EPS growth in fiscal 2026 | Improved core business performance
- Adjusted earnings per share of $13.45 increased 12 percent and exceeded guidance midpoint; adjusted operating income of $3.2 billion increased 11 percent
- GAAP EPS # of $2.62 and operating income of $633 million reflect the impact of project exits, primarily related to two China coal gasification plants
- Adjusted EPS of $3.61 exceeded guidance midpoint; adjusted operating income of $856 million
- Fiscal 2027 full-year adjusted EPS guidance of $14.15 to $14.50; fiscal 2027 first quarter adjusted EPS guidance of $3.35 to $3.45
Sources
- Air Products & Chemicals, Inc. Form 8-K with quarterly financial results, filed 2026-11-05 (accession 0000002969-26-000043)
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