Air Products and Chemicals reported third quarter fiscal 2026 results on July 30, 2026, recording a GAAP operating loss of $2.1 billion and a loss per share of $6.47 due to $2.9 billion in pre-tax charges for project exits announced June 30, including the Louisiana Clean Energy Complex and Arizona hydrogen facility. Adjusted earnings per share were $3.47, beating guidance, with adjusted operating income of $810 million on $3.2 billion in sales. The company raised full-year fiscal 2026 adjusted EPS guidance to $13.39–$13.49 and expects capital expenditures of approximately $3.5 billion. Air Products is a global industrial gases company supplying essential gases, equipment, and applications expertise to various industries.
