Linde (LIN) Research & Development (2018 - 2026)
Linde (LIN) reported Research & Development of $38.0 million for Q1 2026, little changed on a YoY basis from $38.0 million in Q1 2025, and up 8.57% sequentially from $35.0 million in Q4 2025.
Linde (LIN) Research & Development (2018 - 2026) Analysis & Trends
Linde (LIN) has 9 years of Research & Development data on file, last reported at $38.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development changed 0.0% year-over-year to $38.0 million; the trailing twelve-month figure through Mar 2026 stood at $147.0 million (down 2.0% YoY), and the FY2025 full-year result was $147.0 million, down 2.0% from the prior year.
- Research & Development improved to $38.0 million in Q1 2026, from $35.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $39.0 million in Q4 2023 to a low of $35.0 million in Q1 2022.
- A 5-year average of $36.7 million and a median of $36.0 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development climbed 8.82% in 2022 and decreased 10.26% in 2025, its largest moves.
- Tracing LIN's Research & Development over 5 years: stood at $36.0 million in 2022, then rose by 8.33% to $39.0 million in 2023, then changed by 0.0% to $39.0 million in 2024, then fell by 10.26% to $35.0 million in 2025, then gained by 8.57% to $38.0 million in 2026.
- Business Quant data shows LIN's Research & Development at $38.0 million in Q1 2026, $35.0 million in Q4 2025, and $36.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 38.00 Mn |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | - |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | - |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 21.60 Mn |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 113.00 Mn |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 36.00 Mn |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | - |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 166.00 Mn |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 47.00 Mn |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.00 Mn |
| Dec 31, 2025 | 35.00 Mn |
| Sep 30, 2025 | 36.00 Mn |
| Jun 30, 2025 | 38.00 Mn |
| Mar 31, 2025 | 38.00 Mn |
| Dec 31, 2024 | 39.00 Mn |
| Sep 30, 2024 | 37.00 Mn |
| Jun 30, 2024 | 36.00 Mn |
| Mar 31, 2024 | 38.00 Mn |
| Dec 31, 2023 | 39.00 Mn |
| Sep 30, 2023 | 36.00 Mn |
| Jun 30, 2023 | 35.00 Mn |
| Mar 31, 2023 | 36.00 Mn |
| Dec 31, 2022 | 36.00 Mn |
| Sep 30, 2022 | 35.00 Mn |
| Jun 30, 2022 | 37.00 Mn |
| Mar 31, 2022 | 35.00 Mn |
| Dec 31, 2021 | 38.00 Mn |
| Sep 30, 2021 | 36.00 Mn |
| Jun 30, 2021 | 34.00 Mn |