Air Products and Chemicals (APD) Revenue — Quarter Ended Dec 31, 2025
Revenue for the quarter decreased compared to the immediately preceding quarter, but increased compared to the same quarter one year earlier. The decline from the prior quarter reversed a pattern of mixed quarterly changes.
Key takeaway
Quarter ended Dec 31, 2025 · FY2026 Q1
Revenue for the quarter decreased compared to the immediately preceding quarter, but increased compared to the same quarter one year earlier. The decline from the prior quarter reversed a pattern of mixed quarterly changes.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.1B
Revenue reported for this quarter.
Quarter-over-quarter
-2.0%
Change from the immediately preceding quarter.
Year-over-year
+5.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2025 | $2.9B | -0.5% |
| Jun 30, 2025 | $3B | +1.2% |
| Sep 30, 2025 | $3.2B | -0.6% |
| Dec 31, 2025 | $3.1B | +5.8% |
Revenue performance
The reported revenue direction was down from the prior quarter, reflecting a reversal from the sequential growth seen in the previous period.
Quarterly comparison
On a sequential basis, revenue fell versus the prior quarter. However, compared to the same quarter a year ago, revenue was higher.
What to watch
The sequential decline in revenue may be a point of focus for the company's near-term performance.