APD Q2 2025 Earnings — Air Products and Chemicals, Inc. Revenue & Financial Results | Market Cap Arena

APDAir Products and Chemicals, Inc.

$61B

Q2 2025 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$2.9B-0.5% YoY

Gross Profit

$862M29.6% margin

Operating Income

-$2.3B-79.8% margin

Net Income

-$1.7B-59.3% margin

EPS (Diluted)

$-7.77

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$328M

Free Cash Flow

-$1.6B

Stock-Based Comp.

$38M

Balance Sheet

Total Assets

$38.9B

Total Liabilities

$22.1B

Stockholders' Equity

$14.7B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$2.9B	-0.5%
Gross Profit	$862M	$939M	-8.1%
Operating Income	-$2.3B	$637M	-465.3%
Net Income	-$1.7B	$572M	-402.3%

Revenue Segments

On-site

$1.6B53%

Merchant

$1.3B44%

Sale of Equipment

$95M3%

Geographic Segments

Americas Segment

$1.3B46%

Asia Segment

$774M27%

Europe Segment

$727M26%

Middle East And India Segment

$33M1%