Linde (LIN) Operating Expenses (2018 - 2026)

Linde's (LIN) quarterly Operating Expenses came in at $931.0 million in Q1 2026, up 5.92% year-on-year from $879.0 million in Q1 2025, and down 18.62% quarter-over-quarter from $1.1 billion in Q4 2025.

Linde (LIN) Operating Expenses (2018 - 2026) Analysis & Trends

Linde has disclosed Operating Expenses across 9 years of filings, most recently posting $931.0 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $931.0 million, up 5.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 8.08% YoY), and the FY2025 annual result was $7.1 billion, up 3.51% from the prior year.
  • Operating Expenses came in at $931.0 million for Q1 2026 at Linde, down from $1.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q2 2022 to a low of -$499.0 million in Q4 2022.
  • The 5-year median for Operating Expenses is $879.0 million (2025), against an average of $861.5 million.
  • Across the five-year window, Operating Expenses slumped 156.96% in 2022 and surged 274.15% in 2023, its largest moves.
  • Linde's Operating Expenses stood at -$499.0 million in 2022, then soared by 274.15% to $869.0 million in 2023, then slipped by 1.84% to $853.0 million in 2024, then surged by 34.11% to $1.1 billion in 2025, then retreated by 18.62% to $931.0 million in 2026.
  • The last three Operating Expenses figures came in at $931.0 million (Q1 2026), $1.1 billion (Q4 2025), and $922.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 931.00 Mn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -48.90 Mn
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 1.97 Bn
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 1.08 Bn
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 248.80 Mn
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 1.10 Bn
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 599.00 Mn
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 302.00 Mn
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 6.96 Bn
10 Albemarle 18.85 Bn 18.02 Bn 500.97 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 931.00 Mn
Dec 31, 2025 1.14 Bn
Sep 30, 2025 922.00 Mn
Jun 30, 2025 908.00 Mn
Mar 31, 2025 879.00 Mn
Dec 31, 2024 853.00 Mn
Sep 30, 2024 1.01 Bn
Jun 30, 2024 876.00 Mn
Mar 31, 2024 898.00 Mn
Dec 31, 2023 869.00 Mn
Sep 30, 2023 846.00 Mn
Jun 30, 2023 890.00 Mn
Mar 31, 2023 876.00 Mn
Dec 31, 2022 -499.00 Mn
Sep 30, 2022 820.00 Mn
Jun 30, 2022 1.60 Bn
Mar 31, 2022 833.00 Mn
Dec 31, 2021 876.00 Mn
Sep 30, 2021 855.00 Mn
Jun 30, 2021 1.06 Bn