Filing Flows › Linde (LIN) › Q3 2026
Linde (LIN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Linde (LIN) reported revenue of $9.4B for the third quarter 2026 (Q3 2026), +9% from a year earlier and +1% from the quarter before. Operating margin was 22.9%, net earnings $1.7B (18.0% of revenue).
Linde, Q3 2026: revenue $9.4B (+9% year over year), operating margin 22.9%, net earnings $1.7B, operating cash flow $3.2B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.4B | +1% | +9% |
| Operating profit | $2.1B | -16% | -9% |
| Net earnings | $1.7B | -12% | -12% |
| Operating cash flow | $3.2B | +40% | +7% |
| Free cash flow | $1.8B | +113% | +6% |
What changed
Revenue was $9.4B in Q3 2026, up 9% year over year and up 1% from the previous quarter. Americas was the largest line at 38% of revenue. Americas added $0.35B year over year (up 11%), 44% of the total change.
Operating profit was $2.1B, a 22.9% margin (down 4.6 points year over year). Operating profit fell $0.22B even though revenue rose $0.79B versus Q3 2025, so costs grew faster than sales. Total costs grew 16% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+46%). Net earnings were $1.7B, down 12% year over year. The effective tax rate was 20.5%.
Operating cash flow was $3.2B (up 7% year over year), 182% of net income including minority interests. Non-cash charges added back $1.0B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.42B. Capital expenditures of $1.4B left free cash flow of $1.8B.
Questions
What was Linde's revenue in the third quarter 2026?
Linde (LIN) reported revenue of $9.4B for the third quarter 2026 (Q3 2026), +9% from a year earlier and +1% from the quarter before.
Was Linde profitable in the third quarter 2026?
Operating profit was $2.1B (22.9% of revenue) and net earnings $1.7B.
Source: Linde 10-Q on SEC EDGAR.