Filing Flows › Linde (LIN) › Q2 2026
Linde (LIN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Linde (LIN) reported revenue of $9.3B for the second quarter 2026 (Q2 2026), +9% from a year earlier and +6% from the quarter before. Operating margin was 27.5%, net earnings $1.9B (20.8% of revenue).
Linde, Q2 2026: revenue $9.3B (+9% year over year), operating margin 27.5%, net earnings $1.9B, operating cash flow $2.3B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.3B | +6% | +9% |
| Operating profit | $2.6B | +5% | +8% |
| Net earnings | $1.9B | +4% | +9% |
| Operating cash flow | $2.3B | +1% | +3% |
| Free cash flow | $833M | -7% | -13% |
What changed
Revenue was $9.3B in Q2 2026, up 9% year over year and up 6% from the previous quarter. Americas was the largest line at 44% of revenue. Americas added $0.27B year over year (up 7%), 34% of the total change.
Operating profit was $2.6B, a 27.5% margin (down 0.2 points year over year). Of the extra revenue versus Q2 2025, 25% reached operating profit, below the 28% margin then. Total costs grew 10% against revenue growth of 9%. The fastest-growing cost line was Cost of revenue (+13%). Net earnings were $1.9B, up 9% year over year. The effective tax rate was 23.6%.
Operating cash flow was $2.3B (up 3% year over year), 115% of net income including minority interests. Non-cash charges added back $1.0B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.68B. Capital expenditures of $1.4B left free cash flow of $0.83B.
Questions
What was Linde's revenue in the second quarter 2026?
Linde (LIN) reported revenue of $9.3B for the second quarter 2026 (Q2 2026), +9% from a year earlier and +6% from the quarter before.
Was Linde profitable in the second quarter 2026?
Operating profit was $2.6B (27.5% of revenue) and net earnings $1.9B.
Source: Linde 10-Q on SEC EDGAR.