Linde (LIN) reported Q1 2026 revenue of $8.781 billion in its SEC 8-K filing, beating market consensus estimates by 8%.
Q1 2026 Earnings Overview
Linde reported quarter-over-quarter revenue growth of 8% year-over-year. Organic revenue growth came in at 3%, with the remaining growth driven by favorable currency translation (5%) and acquisitions (1%). Adjusted operating income grew 8% compared to the prior year period, while operating cash flow continued to strengthen.
- Revenue: $8.781 billion, +8% YoY
- EPS: $3.98, +13% YoY
- Adjusted EPS: $4.33, +10% YoY / Beats consensus
- Adjusted Operating Income: $2.63 billion, +8% YoY
- Adjusted Operating Margin: 30.0%, down 10 basis points YoY
- Operating Cash Flow: $2.24 billion, +4% YoY
- Free Cash Flow (operating cash flow less capex): $898 million
- Shareholder Returns (dividends + share buybacks): $1.545 billion
Forward Guidance
The company guided Q2 2026 adjusted EPS at $4.40–$4.50, representing 8–10% year-over-year growth. For the full year, Linde projected adjusted EPS of $17.60–$17.90, implying 7–9% growth versus 2025. Annual capital expenditures are planned at $5.0–$5.5 billion. CEO Sanjiv Lamba stated the company remains committed to creating shareholder value in any environment.
Market Reception
Major financial media outlets, including MarketScreener and Global Banking & Finance Review, reported that adjusted EPS exceeded consensus expectations. Q1 revenue also outpaced market forecasts by 8%. Specific stock price movements were not disclosed in external reporting.
Segment Performance
- Americas: Revenue $4.025 billion, +10% YoY / Operating margin 31.6%
- APAC: Revenue $1.701 billion, +11% YoY / Operating margin 28.0%
- EMEA: Revenue $2.171 billion, +7% YoY / Operating margin 36.1%
- Linde Engineering: Revenue $517 million, -8% YoY / Operating margin 19.5% / Order backlog $2.8 billion
This article was automatically generated based on SEC 8-K filings and external news reports, with the primary objective of rapidly disseminating key data following announcement. Investors are advised to review official company disclosures before making trading decisions.
