Air Products and Chemicals Middle East and India — Cost of Sales increased by 8.0% to $21.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 33.4%, from $32.30M to $21.50M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to sales suggests margin compression due to rising input costs or operational inefficiencies.
The direct costs associated with producing and delivering industrial gases and services within the Middle East and India...
Standard cost of goods sold (COGS) reporting for industrial segments.
apd_segment_middle_east_and_india_cost_of_sales| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $30.00M | $30.00M | $30.00M | $30.00M | $25.25M | $25.25M | $25.25M | $25.25M | $25.70M | $32.30M | $19.90M | $21.50M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -15.8% | +0.0% | +0.0% | +0.0% | +1.8% | +25.7% | -38.4% | +8.0% |
| YoY Change | — | — | — | — | -15.8% | -15.8% | -15.8% | -15.8% | +1.8% | +27.9% | -22.6% | -33.4% |