Income StatementBalance SheetCash FlowSegments
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Linde Income Statement

Revenue, expenses, and profitability over time

Linde generated $34.7B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $7.1B with a 20.44% net margin. Diluted EPS is $15.08, which grew 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$34.7BGross Profit (TTM)$16.9BOperating Income (TTM)$9.2BNet Income (TTM)$7.1BEps Diluted (TTM)$15.07
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$239.30B
P/E Ratio33.79
ROE18.16%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net$74.0M$18.0M$15.0M$14.0M-$105.0M$63.0M
Depreciation and amortization$913.0M$910.0M$942.0M$961.0M$950.0M$951.0M
Other operating income (expense), net$74.0M$18.0M$15.0M$14.0M-$105.0M$63.0M
Research and development$39.0M$38.0M$38.0M$36.0M$35.0M$38.0M
Restructuring charges$0.0$55.0M$0.0-$11.0M$229.0M$0.0
Selling, general and administrative$814.0M$786.0M$870.0M$897.0M$880.0M$893.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Income$74.0M$18.0M$15.0M$14.0M-$105.0M$63.0M
Other operating income (expense), net$74.0M$18.0M$15.0M$14.0M-$105.0M$63.0M
Gross profit$4.0B$4.0B$4.2B$4.2B$4.2B$4.3B
Operating income$2.3B$2.2B$2.4B$2.4B$2.0B$2.4B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$3.62$3.53$3.75$4.11$3.29$4.00
Diluted earnings per share$3.60$3.51$3.73$4.09$3.27$3.98
Weighted-average shares, basic—473.3M470.9M468.8M—464.1M
Weighted-average shares, diluted—476.3M473.6M471.5M—466.3M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments$39.0M$38.0M$33.0M$36.0M$43.0M$40.0M
Interest expense$53.0M$60.0M$67.0M$64.0M$64.0M$62.0M
Non-service pension and postretirement benefit expense-$46.0M-$56.0M-$59.0M-$57.0M-$57.0M-$54.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$2.3B$2.2B$2.3B$2.4B$2.0B$2.4B
Income from continuing operations before equity method investments$1.7B$1.7B$1.8B$1.9B$1.5B$1.9B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$533.0M$511.0M$573.0M$424.0M$481.0M$571.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$1.7B$1.7B$1.8B$1.9B$1.5B$1.9B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable and other current liabilities—-$209.0M-$290.0M—-$83.0M$35.0M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$2.8B$2.2B$2.2B$2.9B$3.0B$2.2B
Other income, net$74.0M$18.0M$15.0M$14.0M-$105.0M$63.0M
Revenue From Contract With Customer Excluding Assessed Tax$8.3B$8.1B$8.5B$8.6B$8.8B$8.8B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$8.3B$8.1B$8.5B$8.6B$8.8B$8.8B