Air Products reports over $2.0 billion in new electronics business wins
Image: Primary Air Products said new electronics business wins exceeded $2.0 billion as it expanded its industrial gas project backlog during fiscal 2026. The company reported capital expenditures of $3.3 billion, down $1.8 billion from the prior year, and forecast fiscal 2027 spending of $3.0 billion to $3.5 billion.
Full-year sales rose eight percent to $13.0 billion. Adjusted operating income increased 11 percent to $3.2 billion, while GAAP operating income was $23 million after significant charges primarily associated with previously announced project exits.
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