Linde manufactures and supplies atmospheric and process gases such as oxygen, nitrogen, and hydrogen to industrial, medical, and specialty applications. Customers in steel, chemicals, refining, healthcare, and food industries use its gases and related cryogenic and separation equipment. The business model includes long-term on-site supply contracts for large users and merchant distribution for others.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 8,495 | — | 1,766 | -4.6% |
| Q3 2025 | 8,615 | — | 1,929 | 2% |
| Q4 2025 | 8,764 | — | 1,530 | -19.1% |
| Q1 2026 | 8,781 | — | 1,857 | -0.6% |
| Q2 2026 | 9,289 | 9.3% | 1,928 | 9.2% |
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