Linde plc reports operating and capital-allocation news for a global industrial gases and engineering business. Updates center on quarterly results, underlying sales, operating profit, adjusted earnings, operating cash flow, project start-ups, productivity actions, dividends and stock repurchases.
The company serves chemicals and energy, food and beverage, electronics, healthcare, manufacturing, metals and mining markets. Linde news also covers applications for medical oxygen, ultra-high-purity and specialty gases for semiconductors, clean hydrogen, carbon capture, space launch technologies and gas processing solutions, along with compliance and governance recognition.
Linde (LIN) reported third-quarter 2026 sales of $9.4 billion, up 9% from the prior year, alongside lower reported earnings. Net income fell 12% to $1,692 million and diluted EPS fell 11% to $3.66. Adjusted EPS rose 9% to $4.59, excluding purchase accounting impacts and cost reduction program and other charges. Underlying sales grew 5%, reflecting 3% pricing and 2% volume growth.
Operating profit was $2,150 million; adjusted operating profit rose 8% to $2,763 million, with a 29.4% margin. Operating cash flow increased 8% to $3,169 million, and free cash flow was $1,777 million after capital expenditures. Shareholder returns totaled $1,685 million through dividends and repurchases, net of issuances. Project backlog was $11 billion. Linde expects full-year adjusted EPS of $17.82–$17.92, up 8%–9% assuming 2% favorable currency, and capital expenditures of $5.5 billion–$6.0 billion.
Linde (Nasdaq: LIN) declared a quarterly dividend of $1.60 per share, payable on December 17, 2026. Shareholders of record on December 3, 2026, will receive the dividend approved by the company's Board of Directors.
Linde (Nasdaq: LIN) has expanded its long-term industrial gas supply to Tata Steel at the Kalinganagar Industrial Complex in Odisha, India.
Under a long-term supply agreement, Linde has doubled its on-site capacity for Tata Steel by acquiring two air separation units, which separate air into industrial gases. The units are now supplying oxygen, nitrogen and argon for iron and steelmaking. They bring Linde’s total capacity in the Kalinganagar region to more than seven thousand tons of oxygen per day. Linde expects the additional units to help meet increasing industrial gas demand across the regional merchant market.
Linde (Nasdaq: LIN) will release its third quarter 2026 financial results on October 29, 2026, and host an earnings conference call. Results are due by 06:00 EDT/11:00 CET, followed by the call at 09:00 EDT/14:00 CET. The webcast will be open to the public and media in listen-only mode, with an on-demand replay beginning at 10:30 EDT/15:30 CET that day.
Linde (Nasdaq: LIN) reported second-quarter 2026 sales of $9.3 billion, up 9% year over year, with underlying sales up 4% from 2% higher pricing and 2% volume growth. Net income was $1,928 million and EPS $4.15, up 9% and 11%, respectively; adjusted net income reached $2,089 million and adjusted EPS $4.50, 8% and 10% above prior year.
Operating profit was $2,554 million and adjusted operating profit $2,744 million, with a 29.5% adjusted margin and operating cash flow of $2,271 million, up 3%. Linde returned $1,590 million to shareholders and reported a total project backlog of $11 billion, including a record $8.1 billion sale-of-gas backlog. The company guided third-quarter 2026 adjusted EPS to $4.45–$4.55 and full-year 2026 adjusted EPS to $17.70–$17.90, implying 8%–9% growth, and expects $5.5–$6.0 billion of 2026 capital expenditures.
Linde (Nasdaq: LIN) announced a new long-term agreement to supply ultra-high-purity industrial gases to one of the world’s largest semiconductor manufacturers, supporting the customer’s complex expansion in Phoenix, Arizona. Linde plans to invest $1 billion to expand its existing on-site gases complex, including building, owning and operating two new SPECTRA® air separation units and related infrastructure, alongside three existing units. The expansion will increase supply of ultra-high-purity nitrogen, oxygen and argon for two new semiconductor fabrication plants.
Separately, joint venture Linde LienHwa was selected by the same customer to supply industrial gases to new semiconductor and advanced packaging facilities at multiple sites in Taiwan and plans to invest about $800 million in several ASUs and hydrogen production units.
Linde (Nasdaq: LIN) reported that its Board of Directors has declared a quarterly cash dividend of $1.60 per share for the third quarter of 2026. The dividend will be paid on September 17, 2026 to shareholders of record as of September 3, 2026.
Linde (Nasdaq: LIN) has signed six new power purchase agreements to source renewable electricity across its EMEA and APAC regions, covering operations in Spain, Greece, South Africa and India. The PPAs will supply about 0.63 TWh per year from newly developed wind and solar assets.
According to Linde, low‑carbon power now represents around 50% of its global electricity use, and active renewable power purchasing has risen 2.7x from 2.8 TWh in 2021 to 7.6 TWh in 2025. The company targets a 35% absolute emissions reduction by 2035 and reports helping customers avoid 98 million metric tons of CO₂e in 2025. Linde’s sustainability performance is highlighted by inclusion in the Dow Jones Best-in-Class Indices, FTSE4Good Index Series and the S&P Sustainability Yearbook.
Linde (Nasdaq: LIN) has been included in the FTSE4Good Index Series for the 11th consecutive year, recognizing its ongoing performance in environmental, social and governance (ESG) practices. The company highlights its 2035 science-based absolute greenhouse gas reduction target, 2050 climate neutrality ambition and strong governance and community engagement.
According to Linde, in 2025 it enabled customers to avoid 98 million metric tons of CO₂ equivalent, more than twice the greenhouse gases emitted from its own global operations, underscoring its role in industrial decarbonization. Further ESG details are available in Linde’s 2025 Sustainable Development Report.
Linde (Nasdaq: LIN) will release its second quarter 2026 earnings by 06:00 EDT / midday CEST on Friday, July 31, 2026. A public, listen-only conference call and webcast is scheduled for 09:00 EDT / 15:00 CEST, with replay and materials available on Linde's investor website.