FINHUB Insights

LIN · Q1 FY25 · Jan 1 – Mar 31, 2025

Linde Q1 FY25: where the revenue came from and where it went

Linde Q1 FY25: revenue $8.1B (+0% year over year). Net profit $1.7B. Largest cohort Americas $3.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 1, 2025 10-Q
Sankey diagram of Linde's income statement for Q1 FY25: revenue of $8.1 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$8.1B +0% year over year
Gross profit$4B 49% margin
Operating profit$2.2B 27% margin
Net profit$1.7B 21% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 8.1 100% +0%
Americas 3.7 46%
EMEA 2 25%
APAC 1.5 19%
Engineering 0.6 7%
Other 0.3 4%
Cost of revenue−4.252%
Gross profit449% margin+1pp
Research & development−00%+0pp
SG&A−0.810%−1pp
Other−0.912%+0pp
Operating profit2.227% margin+1pp
Tax−0.5
Net profit1.721%+1pp

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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