Linde (LIN) Research & Development (2018 - 2026)
Linde's Research & Development was $37 million in Q2 2026, down 2.6% from $38 million a year earlier and down 2.6% from the prior quarter.
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Analysis
Linde (LIN) Research & Development (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Linde's Research & Development was $146 million through Jun 30, 2026, down 3.9% year-over-year; for FY2025, it came in at $147 million, down 2.0% from FY2024.
- Research & Development shows a five-year compound annual growth rate of -0.7% (FY2020 to FY2025).
- In earlier years, Research & Development was $150 million in FY2024 (+2.7%), $146 million in FY2023 (+2.1%), $143 million in FY2022 (unchanged) and $143 million in FY2021 (-5.9%).
- Quarterly Research & Development has moved between $35 million (Q1 2022) and $39 million (Q4 2024) over five years.
- Compared with a year earlier, Research & Development was higher in two of the last eight quarters, with an average decline of 0.9%.
- The best year-over-year quarter for Research & Development over five years was Q2 2022 (growth of 8.8%); the worst was Q4 2025 (a decline of 10.3%).
- Per Business Quant data, LIN's Research & Development in the three quarters before Q2 2026 was $38 million (Q1 2026), $35 million (Q4 2025) and $36 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn | 299.00 Mn |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn | 21.50 Mn |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn | 388.00 Mn |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn | 34.00 Mn |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn | - |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn | 98.00 Mn |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn | - |
| 10 | Ppg Industries | 23.55 Bn | 16.36 Bn | 1.81 Bn | 107.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.00 Mn |
| 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 |
API Access
Linde Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=LIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=LIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();