R&D expense · 2011–2025
Air Products & Chemicals R&D expense
$96.3M−3.9% · FY2025
Air Products & Chemicals (APD) reported $96.3M in R&D expense for fiscal 2025, −3.9% year on year.
| Fiscal year | R&D expense | Change | Filing |
|---|---|---|---|
| FY20252025-09-30 | $96.3M | −3.9% | Open → |
| FY20242024-09-30 | $100M | −5.1% | Open → |
| FY20232023-09-30 | $106M | +2.6% | Open → |
| FY20222022-09-30 | $103M | +10.1% | Open → |
| FY20212021-09-30 | $93.5M | +11.4% | Open → |
| FY20202020-09-30 | $83.9M | +15.1% | Open → |
| FY20192019-09-30 | $72.9M | +13.0% | Open → |
| FY20182018-09-30 | $64.5M | +12.0% | Open → |
| FY20172017-09-30 | $57.6M | −19.8% | Open → |
| FY20162016-09-30 | $71.8M | −6.0% | Open → |
| FY20152015-09-30 | $76.4M | −2.7% | Open → |
| FY20142014-09-30 | $78.5M | −41.3% | Open → |
| FY20132013-09-30 | $134M | +5.8% | Open → |
| FY20122012-09-30 | $126M | +6.4% | Open → |
| FY20112011-09-30 | $119M | — | Open → |
R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth −1.5%
R&D expense at companies of similar size
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CompaniesRanked. (September 25, 2026). Air Products & Chemicals R&D expense. CompaniesRanked. https://companiesranked.com/en/company/air-products-and-chemicals/research-and-development-expenseBibTeX
@misc{companiesranked-en-company-air-products-and-chemicals-research-and-development-expense-2026,
author = {{CompaniesRanked}},
title = {{Air Products \& Chemicals R\&D expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/air-products-and-chemicals/research-and-development-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.