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Linde plcStock · Materials
$546.64+$13.09 (+2.45%)as of market close, Jul 2, 2026
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How Linde makes money

Fiscal year

How does Linde make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year. Straight from SEC filings.

Linde plc · FY2025 · year ended 2025-12-31
Revenue$34.0BGross profit$34.0B · 100%Cost of revenue$0 · 0%Operating income$8.9B · 26%Operating expenses$25.1B · 74%R&D$147M · 0%SG&A$3.4B · 10%Other opex$21.5B · 63%Net income$6.9B · 20%Income tax$2.0B · 6%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.