Skip to main content
Air Products10-Q: Margin pressure

Reports $78 million negative impact to operating income from project cost misestimations

What happened

The company recorded a $78 million unfavorable impact to operating income due to inaccurate revenue and cost estimates on certain equipment sale projects.

Source

SEC EDGARJul 30, 2026

Quarterly report (Form 10-Q)

Air Products 10-Q

Filing excerpt

During the first nine months of fiscal year 2026, we also recorded changes to project revenue and cost estimates on certain sale of equipment projects that are accounted for under the cost incurred input method.

sec.gov/Archives/edgar/data/2969/000000296926000036/apd-20260630.htmRead the full source

Other signals in this filing (8)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Margin pressure

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
06/30
Filed
Jul 30, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$78M (Unfavorable impact to operating income from project estimate changes)

Details

CIK
2969
Accession number
0000002969-26-000036
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
Efficiency tools needed
Signal category
Financial

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Aug 4, 2026
signal_type
sec-10q
signal_subtype
marginPressure

Use this data

Get every 10-Q signal for Air Products and the companies you sell to, in the tools you already use.

  1. Ask Claude about it

    Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Air Products this week?”

  2. Send it to your own tools

    The Signal API returns 10-Q signals for any list of companies as JSON, for your CRM, warehouse or app.

  3. Try it free

    Sign up and spend your free credits on the companies you sell to.

    Start Free1,000 free credits

The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/65e8cb26-236d-4f24-a27c-642a25a53405 returns this record as JSON. POST /v1/companies/enrich returns every signal for airproducts.com.

{
  "signal_id": "65e8cb26-236d-4f24-a27c-642a25a53405",
  "signal_type": "sec-10q",
  "signal_subtype": "marginPressure",
  "detected_at": "2026-08-04T07:04:33.424+00:00",
  "company": {
    "name": "Air Products",
    "domain": "airproducts.com"
  },
  "data": {
    "detail": "The company recorded a $78 million unfavorable impact to operating income due to inaccurate revenue and cost estimates on certain equipment sale projects. This highlights a clear pain point in project cost control and financial forecasting, creating an opportunity for solutions that improve project financial management and predictability.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Unfavorable impact to operating income from project estimate changes",
      "dollar_millions": 78
    },
    "summary": "Reports $78 million negative impact to operating income from project cost misestimations",
    "excerpts": "During the first nine months of fiscal year 2026, we also recorded changes to project revenue and cost estimates on certain sale of equipment projects that are accounted for under the cost incurred input method.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/2969/000000296926000036/apd-20260630.htm",
    "filing_date": "2026-07-30",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/30",
    "sales_relevance": "Efficiency tools needed",
    "signal_category": "financial"
  }
}

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.