Linde LIN Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Sales by Business | ||||||
| Americas | $4.03B+3.6% | $3.88B+1.0% | $3.85B+0.9% | $3.81B+4.0% | $3.67B+1.6% | |
| APAC | $1.7B-1.4% | $1.73B-0.9% | $1.74B+5.2% | $1.66B+7.5% | $1.54B-7.7% | |
| Other | $367M+1.7% | $361M+9.1% | $331M+5.1% | $315M+1.3% | $311M-2.2% | |
| EMEA | $2.17B-0.3% | $2.18B0.0% | $2.18B+0.7% | $2.16B+6.5% | $2.03B-1.4% | |
| Engineering | $573M-24.0% | $754M+3.6% | $728M+17.6% | $619M+3.0% | $601M-4.3% | |
| Cumulative translation adjustment - net of taxes by Business | ||||||
| Americas | -$3.79B+2.5% | -$3.89B+0.7% | -$3.92B+1.5% | -$3.98B+6.4% | -$4.25B+3.9% | |
| APAC | -$1.21B-3.1% | -$1.17B+6.1% | -$1.25B-10.9% | -$1.12B+33.2% | -$1.68B+3.1% | |
| Other | -$415M+32.6% | -$616M+7.5% | -$666M+6.1% | -$709M-298% | $358M-58.3% | |
| EMEA | -$1.06B-10.1% | -$958M+0.2% | -$960M-12.4% | -$854M+19.4% | -$1.06B+14.3% | |
| Engineering | $179M-36.7% | $283M+5.2% | $269M-11.5% | $304M+248% | -$206M+52.3% | |
| Operating Income (Loss) by Business | ||||||
| Americas | $1.27B+5.8% | $1.2B+0.3% | $1.2B-0.8% | $1.21B+6.3% | $1.14B-1.1% | |
| APAC | $477M-5.0% | $502M+2.4% | $490M0.0% | $490M+8.6% | $451M-9.8% | |
| Other | -$4M— | —— | -$13M0.0% | -$13M-193% | $14M-63.2% | |
| EMEA | $784M+1.6% | $772M-1.2% | $781M+0.1% | $780M+8.0% | $722M+5.2% | |
| Engineering | $101M-1.9% | $103M+2.0% | $101M+12.2% | $90M-21.1% | $114M+7.5% | |
| Variable costs by Business | ||||||
| Americas | $1.58B+5.8% | $1.49B+2.5% | $1.45B+2.1% | $1.42B+2.1% | $1.4B+3.3% | |
| APAC | $841M-1.3% | $852M-1.7% | $867M+8.0% | $803M+7.4% | $748M-9.7% | |
| Other | $157M+11.3% | $141M+20.5% | $117M+4.5% | $112M-1.8% | $114M+16.3% | |
| EMEA | $722M-4.4% | $755M+2.9% | $734M+0.1% | $733M+1.7% | $721M-6.5% | |
| Engineering | $168M-34.6% | $257M+46.9% | $175M-15.0% | $206M-4.2% | $215M-22.1% | |
| D&A by Business | ||||||
| Americas | $379M-1.0% | $383M+0.8% | $380M+1.6% | $374M+1.9% | $367M+2.2% | |
| APAC | $174M+0.6% | $173M+1.2% | $171M+1.8% | $168M+3.7% | $162M+5.2% | |
| Other | $25M+8.7% | $23M-4.2% | $24M-4.0% | $25M+8.7% | $23M-4.2% | |
| EMEA | $175M-1.1% | $177M+0.6% | $176M+4.1% | $169M+6.3% | $159M-1.2% | |
| Engineering | $7M-12.5% | $8M0.0% | $8M0.0% | $8M0.0% | $8M-11.1% | |
| Fixed costs and other by Business | ||||||
| Americas | $798M-1.4% | $809M-0.5% | $813M+1.0% | $805M+5.0% | $767M+2.4% | |
| APAC | $209M+5.0% | $199M-6.6% | $213M+9.8% | $194M+9.0% | $178M-4.3% | |
| Other | $189M-1.0% | $191M-5.9% | $203M+6.3% | $191M+19.4% | $160M+1.3% | |
| EMEA | $490M+3.4% | $474M-2.7% | $487M+1.5% | $480M+11.9% | $429M-2.7% | |
| Engineering | $241M-2.4% | $247M+5.1% | $235M-4.9% | $247M+8.3% | $228M-3.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Linde break its business down?
- Linde (LIN) reports sales by business across 5 parts — Americas, APAC, Other, EMEA and Engineering. Each is extracted from the segment footnotes and tracked over time.
- Where does Linde's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Linde's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
