Form 8-K · Current report
Air Products 8-K, filed Jul 30, 2026
- Filed
- CIK
- 0000002969
- Accession no.
- 0000002969-26-000034
Summary
Air Products reported a fiscal 2026 third-quarter GAAP operating loss of $2.1 billion and loss per share of $6.47, driven by about $2.9 billion in pre-tax charges from project exit decisions announced June 30, 2026, while adjusted EPS was $3.47 and adjusted operating income was $810 million. The company raised its full-year fiscal 2026 adjusted EPS guidance to $13.39–$13.49, said it would not proceed with the Louisiana Clean Energy Complex and would discontinue its Arizona Casa Grande zero-carbon liquid hydrogen facility, and finalized a renewable ammonia marketing and distribution agreement with Yara for the NEOM Green Hydrogen Project.
Key points
- Q3 FY2026 sales rose 5% to $3.2 billion, adjusted EPS rose 12% to $3.47, and adjusted operating income rose 9% to $810 million.
- GAAP results included operating loss of $2.1 billion and loss per share of $6.47, driven by approximately $2.9 billion in pre-tax charges for project exits announced June 30, 2026.
- Full-year FY2026 adjusted EPS guidance was raised to $13.39–$13.49; Q4 adjusted EPS guidance is $3.55–$3.65; FY2026 capital expenditures are expected at approximately $3.5 billion.
- Air Products will not proceed with the Louisiana Clean Energy Complex, will discontinue the Arizona Casa Grande zero-carbon liquid hydrogen facility and smaller clean energy distribution projects, and finalized a marketing and distribution agreement with Yara for renewable ammonia from the NEOM Green Hydrogen Project.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. On 30 July 2026, Air Products and Chemicals, Inc. issued a press release announcing its earnings for the third quarter of fiscal year 2026. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The information in Item 2.02 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise be subject to liability under that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended…
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.