FINHUB Insights

LIN · Q2 FY25 · Apr 1 – Jun 30, 2025

Linde Q2 FY25: where the revenue came from and where it went

Linde Q2 FY25: revenue $8.5B (+3% year over year). Net profit $1.8B. Largest cohort Americas $3.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Aug 1, 2025 10-Q
Sankey diagram of Linde's income statement for Q2 FY25: revenue of $8.5 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$8.5B +3% year over year
Gross profit$4.2B 49% margin
Operating profit$2.4B 28% margin
Net profit$1.8B 21% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 8.5 100% +3%
Americas 3.8 45%
EMEA 2.2 26% +3%
APAC 1.7 20%
Engineering 0.6 7% +1%
Other 0.3 4% −67%
Cost of revenue−4.351%
Gross profit4.249% margin+1pp
Research & development−00%+0pp
SG&A−0.910%+0pp
Other−0.911%+0pp
Operating profit2.428% margin+1pp
Tax−0.6
Net profit1.821%+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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