Air Products and Chemicals, Inc. (APD) Revenue by Segment

Air Products and Chemicals revenue by segment at a glance

In Q3 fiscal 2026 (the quarter ended June 30, 2026), Air Products and Chemicals's largest business segment was Americas, with $1.32 billion or 43% of revenue, up 4.8% from a year earlier. Next: Asia (29%), Europe (27%) and Middle East and India (1%).

By product or service, On-site brought in 53%, Merchant brought in 44% and Sale of Equipment brought in 3% of revenue in Q3 fiscal 2026.

The fastest-growing business segment from a year earlier was Asia (+9.4%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2018.

Air Products and Chemicals, Inc.

APDNon-Energy Raw Materials

United States

Non-Energy Raw Materials

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

AmericasAsiaEuropeIndustrial Gases AmericasIndustrial Gases AsiaIndustrial Gases EMEACorporate Segment and Other OperatingIndustrial Gases GlobalOther

Q3 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Americas	USD 1.32B	43.2%	+4.8%
Asia	USD 886.00M	29.0%	+9.4%
Europe	USD 815.70M	26.7%	+5.9%
Middle East and India	USD 34.80M	1.1%	-9.1%
Corporate Segment and Other Operatingi	USD 103.10M		-27.9%

Sum of items USD 3.06B; corporate items and eliminations USD 103.10M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18
Americas	1.3B	1.4B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.2B	1.2B	1.3B	1.4B	1.3B	1.4B	1.4B	1.5B	1.4B	1.2B	1.2B	–	1.1B	1.1B	933.0M	–	–	–	–	–	–	–	–	–	–	–	–
Asia	886.0M	832.6M	831.5M	869.8M	810.0M	774.1M	817.1M	861.2M	789.6M	779.7M	793.8M	801.5M	822.9M	813.9M	777.8M	860.3M	751.4M	751.2M	780.4M	–	751.8M	697.5M	717.5M	–	–	–	–	–	–	–	–	–	–	–	–
Europe	815.7M	789.0M	782.0M	789.4M	770.5M	727.4M	697.2M	730.9M	693.4M	667.9M	731.2M	711.7M	706.6M	752.9M	791.9M	863.7M	739.6M	738.6M	744.2M	–	599.4M	558.4M	543.5M	–	–	–	–	–	–	–	–	–	–	–	–
Industrial Gases Americas	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.1B	–	–	–	912.2M	849.9M	932.4M	936.2M	937.3M	955.3M	991.7M	989.2M	987.1M	948.7M	913.2M	909.8M
Industrial Gases Asia	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	754.0M	–	–	–	713.7M	651.9M	658.1M	692.8M	732.0M	679.4M	625.4M	626.8M	633.0M	623.8M	557.6M	643.6M
Industrial Gases EMEA	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	674.0M	–	–	–	505.2M	429.7M	492.7M	498.7M	489.3M	494.6M	494.4M	524.2M	554.7M	561.1M	561.6M	515.9M
Corporate Segment and Other Operating	103.1M	137.1M	117.0M	185.6M	142.9M	94.7M	96.8M	257.4M	235.0M	201.1M	184.9M	290.2M	204.0M	215.4M	179.4M	262.6M	246.6M	239.8M	221.8M	88.4M	166.3M	163.8M	161.7M	73.6M	56.1M	53.8M	34.4M	43.5M	36.8M	22.4M	15.6M	23.8M	24.3M	21.6M	14.3M
Industrial Gases Global	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	209.5M	–	–	–	115.4M	77.6M	79.3M	92.6M	81.1M	57.9M	53.8M	68.2M	100.3M	101.1M	101.7M	133.0M
Middle East and India	34.8M	29.2M	30.3M	32.0M	38.3M	32.8M	32.8M	30.5M	32.8M	35.7M	35.4M	36.6M	39.7M	44.8M	41.4M	41.5M	35.4M	28.9M	23.7M	–	23.9M	26.2M	19.5M	–	–	–	–	–	–	–	–	–	–	–	–

Air Products and Chemicals revenue by business segment, last 4 quarters

Business segment	Q3 FY26	Q2 FY26	Q1 FY26	Q3 FY25	Share
Americas	$1.3B	$1.4B	$1.3B	$1.3B	43%
Asia	$886.0M	$832.6M	$831.5M	$810.0M	29%
Europe	$815.7M	$789.0M	$782.0M	$770.5M	27%
Middle East and India	$34.8M	$29.2M	$30.3M	$38.3M	1%

In USD, fiscal quarters as reported; share = part of Q3 FY26 revenue.

Air Products and Chemicals revenue by product or service, last 4 quarters

Product or service	Q3 FY26	Q2 FY26	Q1 FY26	Q3 FY25	Share
On-site	$1.7B	$1.7B	$1.6B	$1.5B	53%
Merchant	$1.4B	$1.3B	$1.4B	$1.3B	44%
Sale of Equipment	$103.1M	$137.1M	$117.0M	$142.9M	3%

In USD, fiscal quarters as reported; share = part of Q3 FY26 revenue.

Questions and answers

What are Air Products and Chemicals's business segments?

Americas, Asia, Europe and Middle East and India (as reported for Q3 fiscal 2026).

Which business segment makes the most money for Air Products and Chemicals?

Americas: $1.32 billion, or 43% of revenue, in Q3 fiscal 2026.

What are Air Products and Chemicals's main products and services?

By revenue in Q3 fiscal 2026: On-site (53%), Merchant (44%) and Sale of Equipment (3%).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.