Linde LIN Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Sales by Business | ||||||
| Americas | $4.03B+9.8% | $3.88B+7.6% | $3.85B+6.3% | $3.81B+4.3% | $3.67B+3.0% | |
| APAC | $1.7B+10.5% | $1.73B+3.5% | $1.74B+1.5% | $1.66B-0.1% | $1.54B-3.3% | |
| Other | $367M+18.0% | $361M+13.5% | $331M+10.3% | $315M-1.6% | $311M-2.5% | |
| EMEA | $2.17B+6.9% | $2.18B+5.8% | $2.18B+3.2% | $2.16B+3.4% | $2.03B-2.9% | |
| Engineering | $573M-4.7% | $754M+20.1% | $728M+19.1% | $619M+13.8% | $601M+11.5% | |
| Cumulative translation adjustment - net of taxes by Business | ||||||
| Americas | -$3.79B+10.7% | -$3.89B+12.0% | -$3.92B+3.8% | -$3.98B+1.9% | -$4.25B-14.4% | |
| APAC | -$1.21B+28.3% | -$1.17B+32.6% | -$1.25B-46.9% | -$1.12B+21.6% | -$1.68B-18.0% | |
| Other | -$415M-216% | -$616M-172% | -$666M-3,605% | -$709M-251% | $358M-8.7% | |
| EMEA | -$1.06B+0.4% | -$958M+22.4% | -$960M-41.4% | -$854M+22.4% | -$1.06B+7.0% | |
| Engineering | $179M+187% | $283M+166% | $269M+790% | $304M+223% | -$206M+3.7% | |
| Operating Income (Loss) by Business | ||||||
| Americas | $1.27B+11.9% | $1.2B+4.5% | $1.2B+4.0% | $1.21B+4.3% | $1.14B+4.5% | |
| APAC | $477M+5.8% | $502M+0.4% | $490M-1.4% | $490M+3.4% | $451M+0.9% | |
| Other | -$4M-129% | —— | -$13M-181% | -$13M-18.2% | $14M-26.3% | |
| EMEA | $784M+8.6% | $772M+12.5% | $781M+11.1% | $780M+10.8% | $722M+5.1% | |
| Engineering | $101M-11.4% | $103M-2.8% | $101M-6.5% | $90M-6.3% | $114M+14.0% | |
| Variable costs by Business | ||||||
| Americas | $1.58B+13.0% | $1.49B+10.3% | $1.45B+6.7% | $1.42B+6.5% | $1.4B+5.4% | |
| APAC | $841M+12.4% | $852M+2.9% | $867M+0.8% | $803M-2.5% | $748M-5.6% | |
| Other | $157M+37.7% | $141M+43.9% | $117M+31.5% | $112M0.0% | $114M+4.6% | |
| EMEA | $722M+0.1% | $755M-2.1% | $734M-6.3% | $733M-5.7% | $721M-9.6% | |
| Engineering | $168M-21.9% | $257M-6.9% | $175M-31.6% | $206M+3.0% | $215M+14.4% | |
| D&A by Business | ||||||
| Americas | $379M+3.3% | $383M+6.7% | $380M+5.3% | $374M+0.5% | $367M+2.5% | |
| APAC | $174M+7.4% | $173M+12.3% | $171M+3.6% | $168M+5.0% | $162M0.0% | |
| Other | $25M+8.7% | $23M-4.2% | $24M+4.3% | $25M+4.2% | $23M+4.5% | |
| EMEA | $175M+10.1% | $177M+9.9% | $176M+8.0% | $169M+7.6% | $159M0.0% | |
| Engineering | $7M-12.5% | $8M-11.1% | $8M0.0% | $8M0.0% | $8M0.0% | |
| Fixed costs and other by Business | ||||||
| Americas | $798M+4.0% | $809M+8.0% | $813M+9.7% | $805M+2.3% | $767M-2.9% | |
| APAC | $209M+17.4% | $199M+7.0% | $213M+9.8% | $194M-2.5% | $178M-6.3% | |
| Other | $189M+18.1% | $191M+20.9% | $203M+18.0% | $191M-2.1% | $160M-5.3% | |
| EMEA | $490M+14.2% | $474M+7.5% | $487M+5.4% | $480M+6.0% | $429M-4.0% | |
| Engineering | $241M+5.7% | $247M+4.2% | $235M-1.7% | $247M+2.9% | $228M-6.2% |
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.
