Form 8-K · Current Report · Filed 2026-07-30
Air Products Reports Third-Quarter Fiscal 2026 Results with Significant GAAP Loss and Adjusted EPS Exceeding Guidance
Air Products and Chemicals, Inc. reported third-quarter fiscal 2026 results with a GAAP operating loss of $2.1 billion and a loss per share of $6.47, primarily due to charges for business and asset actions. On a non-GAAP basis, the company reported adjusted earnings per share of $3.47, exceeding the top-end of guidance. The company also announced strategic project decisions, including the discontinuation of certain clean energy projects, and raised its full-year fiscal 2026 adjusted EPS guidance to a range of $13.39 to $13.49. Additionally, Air Products finalized a marketing and distribution agreement for renewable ammonia from the NEOM Green Hydrogen Project in Saudi Arabia.
- Filer
- Air Products and Chemicals Inc. APD · NYSE
- Filed
- Accession
- 0000002969-26-000034
- CIK
- 0000002969
- Signal
- High impactBasic Materials
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$294.27
Next session
+0.2%
Since filing
+0.2%
Latest close
$294.89
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Previous filings from APD reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, APD insiders reported 8 Form 4 transactions — net buying of $137K.
About Air Products and Chemicals Inc.
Air Products and Chemicals Inc. is a prominent player in the industrial gases sector, providing essential products that serve a myriad of industries worldwide. This global entity specializes in offering atmospheric gases, process, and specialty gases, equipment, and related services to a diverse range of clients, including those in energy, transportation, and technology sectors. Notably, Air Products is a leader in supplying hydrogen and helium solutions, which are critical for refining, aerospace, and electronics manufacturing. The company's liquid hydrogen production plays a significant role in advancing clean energy solutions, such as hydrogen fuel cells for vehicles. Founded in 1940 and headquartered in Allentown, Pennsylvania, Air Products maintains a significant presence in over 50 countries. Its commitment to sustainability and innovation makes it a vital contributor to the global shift towards greener industrial processes and cleaner energy solutions. By maintaining a robust infrastructure of production and distribution, Air Products ensures the secure and efficient delivery of vital industrial gases, underscoring its critical role in numerous sectors that depend on reliable and sustainable supply chains.
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