Linde (LIN) Operating Expenses (2018 - 2026)
Linde (LIN) posted quarterly Operating Expenses of $928.0 million for Q2 2026, up 2.2% year-over-year from $908.0 million in Q2 2025, and little changed on a QoQ basis from $931.0 million in Q1 2026.
Linde (LIN) Operating Expenses (2018 - 2026) Analysis & Trends
Linde has reported Operating Expenses for 9 years, with the latest figure at $928.0 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $928.0 million, up 2.2% year-over-year; the trailing twelve-month figure through Jun 2026 was $3.9 billion (up 7.68% YoY), and the FY2025 annual result was $3.9 billion, up 6.08% from the prior year.
- Operating Expenses held at $928.0 million in Q2 2026, from $931.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $1.6 billion in Q2 2022 and troughed at $820.0 million in Q3 2022.
- A 5-year average of $938.8 million and a median of $884.5 million in 2023 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2022, when Operating Expenses jumped 50.47%; it then plunged 44.2% in 2023.
- A 5-year view of Operating Expenses shows it stood at $825.0 million in 2022, then increased by 5.33% to $869.0 million in 2023, then declined by 1.84% to $853.0 million in 2024, then jumped by 34.11% to $1.1 billion in 2025, then dropped by 18.88% to $928.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $928.0 million in Q2 2026, $931.0 million in Q1 2026, and $1.1 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 928.00 Mn |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 2.10 Bn |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 1.19 Bn |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 3.15 Bn |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 1.15 Bn |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | -48.90 Mn |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 7.63 Bn |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 613.00 Mn |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 311.00 Mn |
| 10 | Albemarle | 15.88 Bn | 14.25 Bn | 590.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 928.00 Mn |
| 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 |