Linde (LIN) Operating Expenses (2018 - 2026)

Linde (LIN) reported Operating Expenses of $931.0 million for Q1 2026, up 5.92% on a YoY basis from $879.0 million in Q1 2025, and up 551.94% sequentially from -$206.0 million in Q4 2025.

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

Linde (LIN) has 9 years of Operating Expenses data on file, last reported at $931.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 5.92% year-over-year to $931.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.6 billion (down 29.28% YoY), and the FY2025 full-year result was $2.5 billion, down 31.08% from the prior year.
  • Operating Expenses rose to $931.0 million in Q1 2026, from -$206.0 million 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 -$470.0 million in Q4 2022.
  • A 5-year average of $783.8 million and a median of $876.0 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 284.89% in 2023 and tumbled 124.15% in 2025, its largest moves.
  • Tracing LIN's Operating Expenses over 5 years: stood at -$470.0 million in 2022, then surged by 284.89% to $869.0 million in 2023, then decreased by 1.84% to $853.0 million in 2024, then plunged by 124.15% to -$206.0 million in 2025, then surged by 551.94% to $931.0 million in 2026.
  • Business Quant data shows LIN's Operating Expenses at $931.0 million in Q1 2026, -$206.0 million in Q4 2025, and $922.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Linde 237.95 Bn 233.99 Bn 4.26 Bn 931.00 Mn
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 1.97 Bn
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn 1.08 Bn
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 248.80 Mn
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn 998.00 Mn
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn 6.96 Bn
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn -48.90 Mn
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 599.00 Mn
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 302.00 Mn
10 Rpm International 13.63 Bn 13.32 Bn 950.03 Mn 644.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 931.00 Mn
Dec 31, 2025 -206.00 Mn
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 -470.00 Mn
Sep 30, 2022 820.00 Mn
Jun 30, 2022 1.60 Bn
Mar 31, 2022 833.00 Mn
Dec 31, 2021 -466.00 Mn
Sep 30, 2021 855.00 Mn
Jun 30, 2021 1.06 Bn