CHART INDUSTRIES INC
chartindustries.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q1 FY2026 10-Q, filed May 11, 2026. Its latest SEC filing is a SCHEDULE 13G/A from Aug 13, 2026.
10-Q for Q1 FY2026, filed May 11, 2026
The sections below describe the company as of the FY2025 annual report.
What Did They Do?
Designs and manufactures equipment and process systems for handling gases and liquids, and provides installation, repair and maintenance services to gas producers and distributors, industrial processors and other end users.
10-K for FY2025, filed Feb 27, 2026
How Did They Make Money?
Customers buy equipment, engineered systems, services and leases. Contract billing varies, but is generally tied to project milestones; other sales can be a single transaction.
10-K for FY2025, filed Feb 27, 2026We go to market through One Chart global commercial, engineering, products, operations, and aftermarket organizations. Further, our…View ↗
Unbilled Contract Revenue: Unbilled contract revenue represents contract assets resulting from revenue recognized over time in excess of…View ↗
Year Ended December 31, 2025 Cryo Tank Solutions Heat Transfer Systems Specialty Products Repair, Service & Leasing Intersegment…View ↗
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10-K for FY2025, filed Feb 27, 2026
FY2025 revenue by reportable segment ↗
$4.3B
-
10-K for FY2025, filed Feb 28, 2026
$4.3B ↗
| Segment | Share | Revenue |
|---|---|---|
|
Cryo Tank Solutions
|
15%
FY2022: 31%
|
Cryo Tank Solutions, FY2025
$624.2M Sources
|
|
Heat Transfer Systems
|
29%
FY2022: 29%
|
Heat Transfer Systems, FY2025
$1.2B Sources
|
|
Specialty Products
|
26%
FY2022: 28%
|
Specialty Products, FY2025
$1.1B Sources
|
|
Repair, Service & Leasing
|
31%
FY2022: 13%
|
Repair, Service & Leasing, FY2025
$1.3B Sources
|
Who Were Their Customers?
Large gas producers and distributors, industrial companies and other end users buy Chart's equipment and services, mainly through its direct sales staff, with independent representatives and distributors in some markets.
10-K for FY2025, filed Feb 27, 2026Our primary customers are large, multinational producers and distributors of hydrocarbon, hydrogen and industrial gases and their…View ↗
We market our products and services in each of our segments throughout the world primarily through direct sales personnel and independent…View ↗
We sell our products primarily to gas producers, distributors, and end-users across energy, industrial, power, HVAC and refining…View ↗
Did Revenues Turn Into Profits?
Yes. It kept 1 cent of every revenue dollar as net income in FY2025 and turned 5 cents into free cash flow.
10-K for FY2025, filed Feb 28, 2026
$358.4MView ↗
10-K for FY2025, filed Feb 28, 2026
$40.7MView ↗
10-K for FY2025, filed Feb 28, 2026
$202.8MView ↗
How Were They Changing?
- Net income
-
Sources
10-Q for Q1 FY2026, filed May 12, 2026
−$17.1MView ↗
- ▼ Now a loss
- vs $49.5M in Q1 FY2025
10-Q for Q1 FY2026, filed May 11, 2026
Open tableView ↗
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Jul 16, 2026
Baker Hughes completed its acquisition of Chart
Chart shares were converted into a right to receive $210.00 in cash.
Sources
8-K, filed Jul 16, 2026
At the effective time of the Merger (the “Effective Time”), each share of common stock of Chart, par value $0.01 per share (the “Chart…View ↗
Grew. Revenue grew 3.2x in 4 years, from $1.3B in FY2021 to $4.3B in FY2025, about 34% a year.
Howden expands the product range
The older report described Chart mainly as a cryogenic-equipment maker and described Howden as a planned acquisition; the latest report says the acquisition was completed, bringing its air and gas handling products and services into the business.
10-K for FY2022, filed Feb 24, 2023 10-K for FY2025, filed Feb 27, 2026On March 17, 2023, we completed the acquisition of Howden from affiliates of KPS Capital Partners (the “Howden Acquisition”). The…View ↗
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