The Filings Report

Linde plc

LINNasdaqCIK 1707925Basic Materials / Chemicalsfiscal year ends December39 quarters since 2017

Revenue, Q3 FY2026
$9.4B
+9.2% on Q3 FY2025
Net income
$1.7B
−12.3% on Q3 FY2025
Free cash flow
$1.8B
+6.3% on Q3 FY2025
Diluted EPS
$3.66
−10.5% on Q3 FY2025
Revenue, TTM
$36.2B
trailing four quarters
Net margin, TTM
19.3%
net income $7.0B
Free cash flow, TTM
$5.1B
$10.7B less $5.6B capex
Cash and equivalents
$3.9B
long-term debt $20.6B, Sep 30, 2026
Shares, 12-month change
−1.7%
459M shares, Sep 30, 2026
Buybacks, TTM
$4.0B
1.7% of market value
Dividends, TTM
$2.9B
1.2% of market value
Market value
$236.1B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 29, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, Linde plc reported revenue of $9.4B, +9.2% on Q3 FY2025, and net income of $1.7B (−12.3%). Operating margin was 22.9%. Free cash flow, operating cash flow less capital expenditures, was $1.8B ($3.2B less $1.4B). Diluted earnings per share were $3.66.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 29, 2026.

Revenue and net incomeRevenueNet income
$0$3B$5B$8B$10BQ4'22, Revenue: $7.9BQ4'22, Net income: $1.3BQ4'22Q1'23, Revenue: $8.2BQ1'23, Net income: $1.5BQ1'23Q2'23, Revenue: $8.2BQ2'23, Net income: $1.6BQ2'23Q3'23, Revenue: $8.2BQ3'23, Net income: $1.6BQ3'23Q4'23, Revenue: $8.3BQ4'23, Net income: $1.5BQ4'23Q1'24, Revenue: $8.1BQ1'24, Net income: $1.6BQ1'24Q2'24, Revenue: $8.3BQ2'24, Net income: $1.7BQ2'24Q3'24, Revenue: $8.4BQ3'24, Net income: $1.6BQ3'24Q4'24, Revenue: $8.3BQ4'24, Net income: $1.7BQ4'24Q1'25, Revenue: $8.1BQ1'25, Net income: $1.7BQ1'25Q2'25, Revenue: $8.5BQ2'25, Net income: $1.8BQ2'25Q3'25, Revenue: $8.6BQ3'25, Net income: $1.9BQ3'25Q4'25, Revenue: $8.8BQ4'25, Net income: $1.5BQ4'25Q1'26, Revenue: $8.8BQ1'26, Net income: $1.9BQ1'26Q2'26, Revenue: $9.3BQ2'26, Net income: $1.9BQ2'26Q3'26, Revenue: $9.4BQ3'26, Net income: $1.7BQ3'26$0$3B$5B$8B$10BQ4'22, Revenue: $7.9BQ4'22, Net income: $1.3BQ1'23, Revenue: $8.2BQ1'23, Net income: $1.5BQ1'23Q2'23, Revenue: $8.2BQ2'23, Net income: $1.6BQ3'23, Revenue: $8.2BQ3'23, Net income: $1.6BQ3'23Q4'23, Revenue: $8.3BQ4'23, Net income: $1.5BQ1'24, Revenue: $8.1BQ1'24, Net income: $1.6BQ1'24Q2'24, Revenue: $8.3BQ2'24, Net income: $1.7BQ3'24, Revenue: $8.4BQ3'24, Net income: $1.6BQ3'24Q4'24, Revenue: $8.3BQ4'24, Net income: $1.7BQ1'25, Revenue: $8.1BQ1'25, Net income: $1.7BQ1'25Q2'25, Revenue: $8.5BQ2'25, Net income: $1.8BQ3'25, Revenue: $8.6BQ3'25, Net income: $1.9BQ3'25Q4'25, Revenue: $8.8BQ4'25, Net income: $1.5BQ1'26, Revenue: $8.8BQ1'26, Net income: $1.9BQ1'26Q2'26, Revenue: $9.3BQ2'26, Net income: $1.9BQ3'26, Revenue: $9.4BQ3'26, Net income: $1.7BQ3'26

Net income losses drawn in red.

Free cash flow
$0$500M$1.0B$1.5B$2.0BQ4'22, Free cash flow: $1.2BQ4'22Q1'23, Free cash flow: $1.1BQ1'23Q2'23, Free cash flow: $1.3BQ2'23Q3'23, Free cash flow: $1.6BQ3'23Q4'23, Free cash flow: $1.6BQ4'23Q1'24, Free cash flow: $906MQ1'24Q2'24, Free cash flow: $796MQ2'24Q3'24, Free cash flow: $1.7BQ3'24Q4'24, Free cash flow: $1.6BQ4'24Q1'25, Free cash flow: $891MQ1'25Q2'25, Free cash flow: $954MQ2'25Q3'25, Free cash flow: $1.7BQ3'25Q4'25, Free cash flow: $1.6BQ4'25Q1'26, Free cash flow: $898MQ1'26Q2'26, Free cash flow: $833MQ2'26Q3'26, Free cash flow: $1.8BQ3'26$0$500M$1.0B$1.5B$2.0BQ4'22, Free cash flow: $1.2BQ1'23, Free cash flow: $1.1BQ1'23Q2'23, Free cash flow: $1.3BQ3'23, Free cash flow: $1.6BQ3'23Q4'23, Free cash flow: $1.6BQ1'24, Free cash flow: $906MQ1'24Q2'24, Free cash flow: $796MQ3'24, Free cash flow: $1.7BQ3'24Q4'24, Free cash flow: $1.6BQ1'25, Free cash flow: $891MQ1'25Q2'25, Free cash flow: $954MQ3'25, Free cash flow: $1.7BQ3'25Q4'25, Free cash flow: $1.6BQ1'26, Free cash flow: $898MQ1'26Q2'26, Free cash flow: $833MQ3'26, Free cash flow: $1.8BQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$10B$20B$30BQ4'22, Cash and equivalents: $5.4BQ4'22, Long-term debt: $12.2BQ4'22Q1'23, Cash and equivalents: $5.0BQ1'23, Long-term debt: $11.7BQ1'23Q2'23, Cash and equivalents: $3.4BQ2'23, Long-term debt: $13.5BQ2'23Q3'23, Cash and equivalents: $3.9BQ3'23, Long-term debt: $13.2BQ3'23Q4'23, Cash and equivalents: $4.7BQ4'23, Long-term debt: $13.4BQ4'23Q1'24, Cash and equivalents: $4.8BQ1'24, Long-term debt: $15.2BQ1'24Q2'24, Cash and equivalents: $4.6BQ2'24, Long-term debt: $16.9BQ2'24Q3'24, Cash and equivalents: $5.2BQ3'24, Long-term debt: $17.5BQ3'24Q4'24, Cash and equivalents: $4.8BQ4'24, Long-term debt: $15.3BQ4'24Q1'25, Cash and equivalents: $5.3BQ1'25, Long-term debt: $17.6BQ1'25Q2'25, Cash and equivalents: $4.8BQ2'25, Long-term debt: $19.7BQ2'25Q3'25, Cash and equivalents: $4.5BQ3'25, Long-term debt: $18.6BQ3'25Q4'25, Cash and equivalents: $5.1BQ4'25, Long-term debt: $20.7BQ4'25Q1'26, Cash and equivalents: $4.0BQ1'26, Long-term debt: $19.9BQ1'26Q2'26, Cash and equivalents: $4.9BQ2'26, Long-term debt: $20.7BQ2'26Q3'26, Cash and equivalents: $3.9BQ3'26, Long-term debt: $20.6BQ3'26$0$10B$20B$30BQ4'22, Cash and equivalents: $5.4BQ4'22, Long-term debt: $12.2BQ1'23, Cash and equivalents: $5.0BQ1'23, Long-term debt: $11.7BQ1'23Q2'23, Cash and equivalents: $3.4BQ2'23, Long-term debt: $13.5BQ3'23, Cash and equivalents: $3.9BQ3'23, Long-term debt: $13.2BQ3'23Q4'23, Cash and equivalents: $4.7BQ4'23, Long-term debt: $13.4BQ1'24, Cash and equivalents: $4.8BQ1'24, Long-term debt: $15.2BQ1'24Q2'24, Cash and equivalents: $4.6BQ2'24, Long-term debt: $16.9BQ3'24, Cash and equivalents: $5.2BQ3'24, Long-term debt: $17.5BQ3'24Q4'24, Cash and equivalents: $4.8BQ4'24, Long-term debt: $15.3BQ1'25, Cash and equivalents: $5.3BQ1'25, Long-term debt: $17.6BQ1'25Q2'25, Cash and equivalents: $4.8BQ2'25, Long-term debt: $19.7BQ3'25, Cash and equivalents: $4.5BQ3'25, Long-term debt: $18.6BQ3'25Q4'25, Cash and equivalents: $5.1BQ4'25, Long-term debt: $20.7BQ1'26, Cash and equivalents: $4.0BQ1'26, Long-term debt: $19.9BQ1'26Q2'26, Cash and equivalents: $4.9BQ2'26, Long-term debt: $20.7BQ3'26, Cash and equivalents: $3.9BQ3'26, Long-term debt: $20.6BQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Linde plc income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Oct 31, 2025Q2 FY2025ended Jun 30, 2025filed Aug 1, 2025Q1 FY2025ended Mar 31, 2025filed May 1, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue9,4049,2898,7818,7648,6158,4958,1128,282+9.2%
Cost of revenue—————————
Gross profit—————————
Research and development3737383536383839+2.8%
Selling, general and administrative892891893880897870786814−0.6%
Operating income2,1502,5542,4392,0182,3672,3542,1842,270−9.2%
Other income (expense)—————————
Pretax income2,1282,5462,4312,0112,3602,3462,1802,263−9.8%
Income tax449610571481424573511533+5.9%
Net income1,6921,9281,8571,5301,9291,7661,6731,725−12.3%
Diluted EPS ($)3.664.153.98—4.093.733.51—−10.5%
Diluted shares (millions)463465466—472474476——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Linde plc balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Oct 31, 2025Q2 FY2025ended Jun 30, 2025filed Aug 1, 2025Q1 FY2025ended Mar 31, 2025filed May 1, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents3,9474,8983,9595,0564,5094,7865,2944,850−12.5%
Short-term investments—————————
Total current assets13,41614,17612,75113,32513,33113,62713,59712,945+0.6%
Total assets88,07588,34986,31586,81785,99386,07882,70480,147+2.4%
Total current liabilities15,64316,12715,39115,19816,19214,71414,48514,544−3.4%
Long-term debt20,59320,67819,85920,68318,59219,70117,60815,343+10.8%
Total liabilities47,08047,71946,22347,07645,90746,09243,24140,659+2.6%
Stockholders’ equity39,42239,08138,56638,24538,61638,51538,03238,092+2.1%
Shares outstanding (millions)459461463463467469471473—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Linde plc cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Oct 31, 2025Q2 FY2025ended Jun 30, 2025filed Aug 1, 2025Q1 FY2025ended Mar 31, 2025filed May 1, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow3,1692,2712,2403,0302,9482,2112,1612,809+7.5%
Capital expenditures1,3921,4381,3421,4581,2761,2571,2701,250+9.1%
Free cash flow (CFO − capex)1,7778338981,5721,6729548911,559+6.3%
Depreciation and amortization965963951950961942910913+0.4%
Share repurchases9548718071,3909891,1111,1111,334−3.5%
Dividends paid735738741698701704708659+4.9%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 25, 2026.

Income statement

Linde plc income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 28, 2024FY2022ended Dec 31, 2022filed Feb 28, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Mar 1, 2021FY2019ended Dec 31, 2019filed Mar 2, 2020FY2018ended Dec 31, 2018filed Mar 18, 2019FY2017ended Dec 31, 2017filed Mar 23, 2018FY2016ended Dec 31, 2016filed Mar 18, 2019
Revenue33,98633,00532,85433,36430,79327,24328,22814,83611,35810,534
Cost of revenue——————————
Gross profit——————————
Research and development1471501461431431521841139392
Selling, general and administrative3,4333,3373,2953,1073,1893,1933,4571,6291,2071,145
Operating income8,9238,6358,0245,3694,9843,3222,9335,2472,4442,247
Other income (expense)——————————
Pretax income8,8978,5697,9885,5435,0993,3842,9275,0492,2872,048
Income tax1,9892,0021,8141,4341,2628477698171,026551
Net income6,8986,5656,1994,1473,8262,5012,2854,3811,2471,500
Diluted EPS ($)14.6113.6212.598.237.334.714.1913.114.325.21
Diluted shares (millions)472482492504522531545334289288

Balance sheet

Linde plc balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 28, 2024FY2022ended Dec 31, 2022filed Feb 28, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Mar 1, 2021FY2019ended Dec 31, 2019filed Mar 2, 2020FY2018ended Dec 31, 2018filed Mar 18, 2019FY2017ended Dec 31, 2017filed Mar 23, 2018FY2016ended Dec 31, 2016filed Mar 18, 2019
Cash and equivalents5,0564,8504,6645,4362,8233,7542,7004,466617524
Short-term investments——————————
Total current assets13,32512,94512,62013,04710,15910,92410,35217,2723,285—
Total assets86,81780,14780,81179,65881,60588,22986,61293,38620,436—
Total current liabilities15,19814,54415,71716,47913,64313,74012,16012,9563,307—
Long-term debt20,68315,34313,39712,19811,33512,15210,69312,2887,783—
Total liabilities47,07640,65939,71638,27136,16438,64734,97736,29013,914—
Stockholders’ equity38,24538,09239,72040,02844,03547,31749,07451,5966,018—
Shares outstanding (millions)463473482492508523533545——

Cash flow statement

Linde plc cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 28, 2024FY2022ended Dec 31, 2022filed Feb 28, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Mar 1, 2021FY2019ended Dec 31, 2019filed Mar 2, 2020FY2018ended Dec 31, 2018filed Mar 18, 2019FY2017ended Dec 31, 2017filed Mar 23, 2018FY2016ended Dec 31, 2016filed Mar 18, 2019
Operating cash flow10,3509,4239,3058,8649,7257,429————
Capital expenditures5,2614,4973,7873,1733,0863,4003,6821,8831,3111,465
Free cash flow (CFO − capex)5,0894,9265,5185,6916,6394,029————
Depreciation and amortization3,7633,7803,8164,2044,6354,6264,6751,8301,1841,122
Share repurchases4,6014,4823,9585,1684,6122,4572,65859912228
Dividends paid2,8112,6552,4822,3442,1892,0281,8911,166901856

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$48K
1 purchases by 1 insider; officers and directors $48K
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$1M
2 purchases by 2 insiders; officers and directors $1M
Sold, twelve months
$13M
7 sales by 4 insiders; officers and directors $13M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Aug 18, 2026Reynolds Paula RosputDirectoropen-market buy100$479.12$48K816Aug 19, 2026
Jun 8, 2026Innocenzi StefanosSVP, Linde Engineeringoption exercise4,035$0.00—4,035Jun 10, 2026
Jun 8, 2026Innocenzi StefanosSVP, Linde Engineeringtax withholding2,062$507.90$1M1,973Jun 10, 2026
May 15, 2026Wood Robert LDirectoropen-market sale4,335$506.39$2M9,248May 18, 2026
May 14, 2026Wood Robert LDirectoropen-market sale880$508.76$448K13,583May 18, 2026
Mar 10, 2026Durbin SeanEVP, Chief Operating Officeropen-market sale4,114$477.78$2M8,151Mar 12, 2026
Mar 10, 2026Durbin SeanEVP, Chief Operating Officeroption exercise7,045$173.13$1M15,196Mar 12, 2026
Mar 10, 2026Durbin SeanEVP, Chief Operating Officeropen-market sale2,406$476.41$1M8,151Mar 12, 2026
Mar 10, 2026Durbin SeanEVP, Chief Operating Officertax withholding4,639$476.54$2M10,557Mar 12, 2026
Mar 10, 2026Bichara GuillermoExec VP & Chief Legal Officeropen-market sale10b5-14,357$480.79$2M22,138Mar 12, 2026
Mar 9, 2026Patwari BinodSenior Vice President - APACoption exercise548$0.00—4,887Apr 14, 2026
Mar 9, 2026Patwari BinodSenior Vice President - APACoption exercise195$0.00—5,082Apr 14, 2026
Mar 9, 2026Patwari BinodSenior Vice President - APACoption exercise195$0.00—5,277Apr 14, 2026
Mar 9, 2026White Matthew JChief Financial Officertax withholding1,330$484.74$645K81,555Mar 11, 2026
Mar 9, 2026White Matthew JChief Financial Officertax withholding1,330$484.74$645K83,095Mar 11, 2026
Mar 9, 2026White Matthew JChief Financial Officeroption exercise2,870$0.00—82,885Mar 11, 2026
Mar 9, 2026White Matthew JChief Financial Officertax withholding3,771$484.74$2M80,015Mar 11, 2026
Mar 9, 2026White Matthew JChief Financial Officeroption exercise8,136$0.00—83,786Mar 11, 2026
Mar 9, 2026White Matthew JChief Financial Officeroption exercise2,870$0.00—84,425Mar 11, 2026
Mar 9, 2026Pfann OliverSenior Vice President, EMEAoption exercise230$0.00—3,801Mar 11, 2026
Mar 9, 2026Pfann OliverSenior Vice President, EMEAtax withholding118$484.74$57K3,571Mar 11, 2026
Mar 9, 2026Pfann OliverSenior Vice President, EMEAoption exercise230$0.00—3,689Mar 11, 2026
Mar 9, 2026Pfann OliverSenior Vice President, EMEAtax withholding328$484.74$159K3,459Mar 11, 2026
Mar 9, 2026Pfann OliverSenior Vice President, EMEAtax withholding118$484.74$57K3,683Mar 11, 2026
Mar 9, 2026Pfann OliverSenior Vice President, EMEAoption exercise642$0.00—3,787Mar 11, 2026

Full insider history for Linde plc, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Linde plc, CIK 1707925 on EDGAR
Extract generated
October 30, 2026
Withheld
none
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue: not filed
Gross profit: not filed
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): not filed
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt, LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAndAmortization, DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated October 30, 2026.

JSON file
/data/financials/LIN.json