Air Products and Chemicals, Inc. - Form 8-K - April 30, 2026
Air Products and Chemicals, Inc. reported its second quarter fiscal year 2026 results, announcing a significant increase in both GAAP and adjusted EPS compared to the prior year, largely due to the absence of prior-year charges. The company raised its fiscal year 2026 adjusted EPS guidance to a range of $13.00 to $13.25. Key highlights include strategic wins in the Electronics and Aerospace sectors, with Samsung selecting Air Products for a semiconductor fab in South Korea and supplying critical components for NASA's Artemis II mission. The company is also focusing on enhancing its helium supply chain resilience through increased production and optimized logistics. Sales for the quarter increased by nine percent year-over-year, driven by higher volumes, favorable currency exchange rates, and increased energy cost pass-through, while pricing saw a slight decrease. The company reiterated its expectation for capital expenditures of approximately $4.0 billion for fiscal year 2026.