Linde Q2 Revenue Rises 9% YoY to $9.3B, Adjusted EPS Beats Estimates

Linde reported second-quarter fiscal 2026 revenue of $9.3 billion, up 9% year-over-year, according to an SEC Form 8-K filing.

📊 Price at time of writing (Jul 31, 2026, 9:05 PM KST)
$508.64 ▼ -0.49%

Q2 Results at a Glance

Linde's second-quarter revenue rose 9% year-over-year to $9.3 billion, driven by price increases, higher sales volumes, and contributions from acquisitions. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) climbed 7% to $2.7 billion.

• Revenue: $9.3 billion, +9% YoY
• EPS: $4.15; adjusted EPS of $4.50 beat market estimates
• Operating income: $2.6 billion; adjusted operating income: $2.7 billion

Next-Quarter Outlook

Linde forecast third-quarter adjusted EPS of $4.45 to $4.55, up 6% to 8% year-over-year. The company also raised its full-year guidance, projecting adjusted EPS of $17.70 to $17.90, an increase of 8% to 9% from the prior year. CEO Sanjiv Lamba said the company "delivered a solid quarter, maintaining a 29.5% operating margin and 23.5% return on capital." He added that Linde "signed additional long-term electronics supply contracts in the U.S. this quarter, pushing the gas sale backlog to a record $8.1 billion."

Market Reaction

International outlets reported that Linde topped market expectations and raised the low end of its full-year guidance. The company returned $1.6 billion to shareholders in the second quarter alone through dividends and share buybacks. Still, shares dipped slightly after the earnings release. At the time of writing, Linde stock traded at $508.64, down 0.49% from the previous close.

Segment Breakdown

• Americas: $4.1 billion, +7% YoY, 31.2% operating margin
• Asia Pacific: $1.9 billion, +13% YoY, 28.4% operating margin
• EMEA: $2.3 billion, +7% YoY, 35.7% operating margin
• Linde Engineering: $625 million, +13% YoY, 16.0% operating margin

This article was auto-generated based on the original SEC Form 8-K filing and international media reports, with the goal of delivering key data promptly after the announcement. Readers are advised to review the company's official filing before making trading decisions. Prices reflect the time of writing and may differ from current levels.