Air Products beats Q1 revenue, profit estimates

Air Products and Chemicals

30/01/2026 11:08

Overview

Industrial gases firm's fiscal Q1 revenue rose 6%, beating analyst expectations

Adjusted EPS for fiscal Q1 beat analyst expectations, rising 10% yr/yr

Company announced advanced negotiations for low emission ammonia projects

Outlook

Air Products maintains fiscal 2026 full-year adjusted EPS guidance of $12.85 to $13.15

Company expects fiscal 2026 second quarter adjusted EPS of $2.95 to $3.10

Air Products anticipates fiscal 2026 capital expenditures of approximately $4.0 bln

Result Drivers

FAVORABLE BUSINESS MIX - Operating income rose due to a favorable business mix and improved non-helium pricing, despite helium headwinds

PRODUCTIVITY IMPROVEMENTS - Cost reductions from productivity improvements contributed to lower overall costs, aiding operating income

REGIONAL PERFORMANCE - Europe saw a 20% increase in operating income due to favorable volumes, pricing, and currency, despite higher depreciation

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$3.10 bln
$3.05 bln (15 Analysts)
Q1 Adjusted EPS
Beat
$3.16
$3.05 (17 Analysts)
Q1 EPS
$3.04
Q1 Net Income
$678.20 mln


Press Release: ID:nPn7W8pCHa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)