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Linde sales rise 9% while reported and adjusted earnings diverge

Linde reported third-quarter sales of 9.404 billion dollars on 29 October, up 9% year on year.

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Linde reported third-quarter sales of 9.404 billion dollars on 29 October, up 9% year on year. Underlying sales increased 5%, comprising 3% pricing and 2% volume growth, with reported sales also benefiting from currency movements.

Net income was 1.692 billion dollars, down 12%, and diluted earnings per share fell 11% to 3.66 dollars. Adjusted net income increased 7% to 2.122 billion dollars and adjusted diluted earnings rose 9% to 4.59 dollars. Adjustments exclude Linde AG purchase-accounting effects, cost-reduction programme charges and other specified items.

Operating cash flow was 3.169 billion dollars, with capital spending of 1.392 billion dollars and free cash flow of 1.777 billion dollars. Linde forecast full-year adjusted diluted earnings of 17.82–17.92 dollars per share. The annual forecast is distinct from the quarter ended 30 September 2026 and from earnings reported under standard accounting rules.

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Publication of the official announcement on 29 October 2026.

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    Linde sales rise 9% while reported and adjusted earnings diverge

    Linde reported third-quarter sales of 9.404 billion dollars on 29 October, up 9% year on year. Underlying sales increased 5%, comprising 3% pricing and 2% volume growth, with reported sales also benefiting from currency movements.

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