Growth Metrics

Linde (LIN) Operating Expenses (2018 - 2026)

Linde recorded quarterly Operating Expenses of $931.0 million in Q1 2026, down 18.62% quarter-over-quarter from $1.1 billion in Q4 2025, and up 5.92% year-over-year from $879.0 million in Q1 2025.

Linde's Operating Expenses history runs 9 years deep, the most recent figure standing at $931.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 5.92% year-over-year to $931.0 million; the TTM figure through Mar 2026 stood at $3.9 billion (up 8.08% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $861.5 million and a median of $879.0 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses sank 156.96% in 2022 and soared 274.15% in 2023, its largest moves.
  • Linde's Operating Expenses stood at -$499.0 million in 2022, then jumped by 274.15% to $869.0 million in 2023, then dropped by 1.84% to $853.0 million in 2024, then soared by 34.11% to $1.1 billion in 2025, then decreased by 18.62% to $931.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $931.0 million, $1.1 billion, and $922.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Linde 230.79 Bn 226.84 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 72.51 Bn 72.30 Bn 2.78 Bn 1.97 Bn
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 1.08 Bn
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 248.80 Mn
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn 1.10 Bn
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn 6.96 Bn
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn -
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 302.00 Mn
10 International Flavors & Fragrances 19.02 Bn 18.49 Bn 1.02 Bn 599.00 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
Mar 31, 2021 822.00 Mn
Dec 31, 2020 -463.00 Mn
Sep 30, 2020 806.00 Mn
Jun 30, 2020 794.00 Mn
Mar 31, 2020 905.00 Mn
Dec 31, 2019 -707.00 Mn
Sep 30, 2019 894.00 Mn
Jun 30, 2019 929.00 Mn
Mar 31, 2019 925.00 Mn
Dec 31, 2018 760.00 Mn
Sep 30, 2018 317.00 Mn
Jun 30, 2018 331.00 Mn
Mar 31, 2018 334.00 Mn