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
DateValue
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