FINHUB Insights

APD · Q3 FY25 · Apr 1 – Jun 30, 2025

Air Products Q3 FY25: where the revenue came from and where it went

Air Products Q3 FY25: revenue $3B (+1% year over year). Net profit $0.7B. Largest cohort Onsite $1.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 31, 2025 10-Q
Sankey diagram of Air Products's income statement for Q3 FY25: revenue of $3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$3B +1% year over year
Gross profit$1B 33% margin
Operating profit$0.8B 26% margin
Net profit$0.7B 24% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 3 100% +1%
Onsite 1.5 50% +8%
Merchant 1.3 43% +1%
Sale of Equipment 0.1 3% −39%
Cost of revenue−267%
Gross profit133% margin+0pp
Research & development−01%+0pp
SG&A−0.27%−1pp
Operating profit0.826% margin+1pp
Tax−0.2
Net profit0.724%+0pp
Filing on EDGAR More quarters of APD

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters