Air Products Q3 Net Loss $1.44B Due to Project Exit Charges

Air Products reported a net loss attributable to Air Products of $1.44 billion for the three months ended June 30, 2026, a significant decline from a net income of $713.8 million in the prior year. This loss was primarily driven by $2.91 billion in business and asset actions, including approximately $1.9 billion in charges related to exiting the World Energy sustainable aviation fuel expansion project. For the nine months, the company recorded a net loss of $52.2 million, an improvement from a $399.4 million loss in the previous year, despite $2.93 billion in business and asset actions. Sales increased to $3.16 billion for the quarter and $9.44 billion for the nine months.