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| Date | Value |
|---|---|
| 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 |