AI English summary of an SEC filing — figures as filed
Air Products APDThe company said sales for the first quarter of fiscal 2026 rose 6% to $3.1 billion, or $171.0. The company cited higher energy cost pass-through to customers of 3%, a currency impact of 2%, and higher pricing of 1% as the factors, and said volumes were flat.
Key points
AI summaryThe company said sales for the first quarter of fiscal 2026 rose 6% to $3.1 billion, or $171.0. The company cited higher energy cost pass-through to customers of 3%, a currency impact of 2%, and higher pricing of 1% as the factors, and said volumes were flat.
Air Products said operating income for Q1 rose to $734.5, up 14%, or $90.9. Operating margin was 23.7%, up 170 basis points from 22.0% in the prior year. Adjusted operating income was $756.5, and adjusted operating margin was 24.4%.
The company said it recorded charges of $28.3 ($24.6 after tax, or $0.11 per share) in the first quarter of fiscal 2026 related to updated estimates for prior-year business and asset actions. It said $22.0 of the charge was recorded in operating income, and $6.3 was recorded in non-operating items.
The company said cash provided by operating activities for the first 3 months of fiscal 2026 was $900.7, cash used for investing activities was $1.2 billion, and cash used for financing activities was $490.1. Financing activities included repayments of $569.6 in long-term debt and dividend payments of $398.4.
Key figures
Quarter ended December 31, 2025
- Revenue
- $3.1B
- Operating income
- $735M
- Net income
- $678M
- EPS
- $3.04
- Operating cash flow
- $901M
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Fiscal 2026 first-quarter sales $3.1 billion
The company said sales for the first quarter of fiscal 2026 rose 6% to $3.1 billion, or $171.0. The company cited higher energy cost pass-through to customers of 3%, a currency impact of 2%, and higher pricing of 1% as the factors, and said volumes were flat.
Source · Based on the MD&A text of the filing
Operating income $734.5, operating margin 23.7%
Air Products said operating income for Q1 rose to $734.5, up 14%, or $90.9. Operating margin was 23.7%, up 170 basis points from 22.0% in the prior year. Adjusted operating income was $756.5, and adjusted operating margin was 24.4%.
Source · Based on the MD&A text of the filing
$28.3 charges tied to business and asset actions
The company said it recorded charges of $28.3 ($24.6 after tax, or $0.11 per share) in the first quarter of fiscal 2026 related to updated estimates for prior-year business and asset actions. It said $22.0 of the charge was recorded in operating income, and $6.3 was recorded in non-operating items.
Source · Based on the MD&A text of the filing
Operating cash flow and investing and financing cash flows
The company said cash provided by operating activities for the first 3 months of fiscal 2026 was $900.7, cash used for investing activities was $1.2 billion, and cash used for financing activities was $490.1. Financing activities included repayments of $569.6 in long-term debt and dividend payments of $398.4.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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