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10-Q2026-05-01· deepseek-chat

LIN · Linde plc

0001628280-26-029165

SEC filing

Summary

Linde delivered a strong quarter with revenue growth of 8.2% to $8.8B and operating margin expansion to 27.8%, driven by pricing, currency tailwinds, and productivity initiatives.

Key takeaways

Full analysis

Currency Tailwinds and Pricing Power Drive Top-Line Growth

Revenue for the first quarter of 2026 was $8.8 billion, an increase of 8.2% compared to $8.1 billion in the prior-year quarter. The growth was primarily driven by favorable currency translation, higher pricing, and continued productivity initiatives, which more than offset cost inflation and lower volumes. The company's ability to pass through pricing in a challenging cost environment underscores its market position and operational discipline.

Margin Expansion Through Operational Discipline

Capital Allocation: Investing for Growth While Returning Cash

Segment Performance: Americas Leads, APAC Volumes Strong

Outlook and Risks