FINHUB Insights

Air Products Q2 FY26: where the revenue came from and where it went

The whole income statement of Air Products for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 30, 2026 10-Q accession 0000002969-26-000020

Revenue$3.17B +9% year over year
Gross profit$1.00B 32% margin
Operating profit$0.75B 24% margin
Net profit$0.71B 22% margin
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The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 3.17 100% +9%
Onsite 1.71 54% +10%
Merchant 1.32 42% +4%
Sale of equipment 0.14 4% +45%
Cost of revenue−2.1768%
Gross profit1.0032% margin+2pp
R&D−0.021%+0pp
SG&A−0.237%+0pp
Operating profit0.7524% margin+104pp
Other income, net0.12
Tax−0.16
Net profit0.71 22% margin+82pp

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.

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