Linde plc Ordinary Shares
LIN · Nasdaq
Next quarter
Expected to report Oct 30, 2026 — estimated from last year’s reporting date.
Consensus is $4.52 EPS for Sep 2026 across 6 estimates, ranging $4.50 to $4.55.
LIN Jun 2026
- 0.22%
- +0.43%
- $4.49
- $4.50
- —
- $9.29B
Reported results
- $9.29B
- $2.55B
- 27.49%
- $1.93B
- $4.15
Highlights
- Second-quarter FY2026 revenue was $9.29 billion, versus $8.49 billion in Q2 FY2025; no revenue growth rate was stated in the supplied material.
- Net income attributable to Linde plc was $1.928 billion, compared with $1.766 billion in the year-ago quarter, while diluted earnings per share increased to $4.15 from $3.73.
- Six-month net income was $3.785 billion versus $3.439 billion in 2025, and six-month diluted earnings per share was $8.13 versus $7.24.
- Management estimated 2026 pension-plan contributions of approximately $25 million to $35 million, with $18 million contributed through June 30; no segment figures, margins, capex, subscriber or unit counts, or operating guidance were supplied.
Analysis
No consensus figures are on file, so the quarter cannot be assessed against an external earnings or revenue expectation. Linde reported Q2 FY2026 revenue of $9.29 billion and net income of $1.928 billion, compared with $8.49 billion and $1.766 billion in Q2 FY2025. Diluted earnings per share rose to $4.15 from $3.73, supported by the higher net income and a reduction in diluted weighted-average shares to 464.523 million from 473.573 million. Revenue also exceeded the $8.78 billion reported in Q1 FY2026, while net income was higher than Q1's $1.86 billion but below the $1.93 billion reported in Q3 FY2025. The supplied material does not include segment revenue, segment profit, operating margins, or management's explanation of quarterly margin movements, so it is not possible to identify which businesses carried or dragged results or to compare the stated growth rate with the prior period.
Guidance
The supplied material contains no revenue, earnings, segment, margin, or capital-expenditure guidance for the next quarter or full year, and no changes to a prior operating guide are stated. The only forward-looking numerical estimate is for 2026 pension-plan contributions of approximately $25 million to $35 million; $18 million had been contributed through June 30, 2026. Management also states that the company hedges forecasted foreign-currency transactions for a maximum period of four years and commodity contracts for a maximum period of three years, but these are risk-management parameters rather than business guidance. No assumptions for future sales, demand, pricing, costs, or margins were supplied.
What drove it
- Revenue growth — Q2 FY2026 revenue was $9.29 billion, up from $8.49 billion in Q2 FY2025.
- Net income — Quarterly net income was $1.928 billion, compared with $1.766 billion in the year-ago quarter.
- Per-share earnings — Diluted earnings per share increased to $4.15 from $3.73 as diluted weighted-average shares declined to 464.523 million from 473.573 million.
- Pension contributions — Linde expects 2026 pension contributions of approximately $25 million to $35 million and had made $18 million of contributions through June 30.
Watch items
- The supplied material does not provide segment or margin disclosure for the quarter, limiting visibility into the sources of performance and any areas under pressure.
- No revenue, earnings, margin, or capex guidance was supplied for upcoming periods, leaving the forward operating outlook unspecified.
- Accounts receivable net of reserves increased to $5.632 billion from $4.966 billion at December 31, 2025, while provisions for expected credit losses for the six months rose to $109 million from $102 million.
- Linde reports ongoing Russian claims and enforcement actions despite favorable Hong Kong judgments; combined liabilities recorded for the Russian matters were $1.8 billion as of June 30, 2026.
