Operating Income
Operating Income
Air Products and Chemicals Operating Income increased by 2.5% to $752.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 132.3%, from -$2.33B to $752.70M. Over 4 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a -20.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026Apr 30, 2026
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
Metric ID:
operating_incomeHistorical Data
20 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $577.10M | $616.70M | $523.00M | $561.90M | $627.40M | $626.50M | $652.00M | $459.80M | $644.20M | $738.60M | $666.90M | $637.20M | $737.60M | $2.42B | $643.60M | -$2.33B | $790.60M | $0.00 | $734.50M | $752.70M |
| QoQ Change | — | +6.9% | -15.2% | +7.4% | +11.7% | -0.1% | +4.1% | -29.5% | +40.1% | +14.7% | -9.7% | -4.5% | +15.8% | +228.7% | -73.5% | -461.7% | +134.0% | -100.0% | — | +2.5% |
| YoY Change | — | — | — | — | +8.7% | +1.6% | +24.7% | -18.2% | +2.7% | +17.9% | +2.3% | +38.6% | +14.5% | +228.2% | -3.5% | -465.3% | +7.2% | -100.0% | +14.1% | +132.3% |
Range-$2.33B – $2.42B
CAGR+5.8%
Avg YoY Growth-5.9%
Median YoY Growth+8.0%
Current Streak2 quarters growth
Business Segments
| Segment | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Americas | $391.10M | $447.70M | $388.20M | $365.70M | $374.10M | $391.60M | $403.80M | $373.90M |
| Asia | $200.10M | $244.30M | $216.40M | $191.40M | $216.80M | $226.50M | $232.30M | $240.00M |
| Europe | $204.70M | $206.70M | $186.50M | $195.50M | $225.20M | $237.50M | $223.50M | $211.60M |
| Corporate And Other | -$56.90M | -$47.70M | -$117.00M | -$118.40M | -$83.10M | -$48.80M | -$108.90M | -$77.40M |
| Middle East and India | -$1.40M | — | — | — | — | $5.00M | — | — |
| Total | $737.60M | $2.42B | $643.60M | -$2.33B | $790.60M | $0.00 | $734.50M | $752.70M |
Operating Income at Other Companies
Frequently Asked Questions
- What is Air Products and Chemicals's operating income?
- Air Products and Chemicals (APD) reported operating income of $752.70M in Q1 2026.
- How has Air Products and Chemicals's operating income changed year-over-year?
- Air Products and Chemicals's operating income increased by 132.3% year-over-year, from -$2.33B to $752.70M.
- What is the long-term trend for Air Products and Chemicals's operating income?
- Over 4 years (2021 to 2025), Air Products and Chemicals's operating income has grown at a -20.9% compound annual growth rate (CAGR), from $2.28B to -$893.80M.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.