Linde Q3 FY25: where the revenue came from and where it went
The whole income statement of Linde for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 31, 2025
Revenue$8.62B
+3% year over year
Gross profit$4.24B
49% margin
Operating profit$2.37B
27% margin
Net profit$1.93B
22% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 8.62 | 100% | +3% |
| Americas | 3.85 | 45% | |
| EMEA | 2.18 | 25% | |
| APAC | 1.74 | 20% | |
| Engineering | 0.52 | 6% | |
| Other revenue | 0.33 | 4% | |
| Cost of revenue | −4.38 | 51% | |
| Gross profit | 4.24 | 49% margin | +1pp |
| R&D | −0.04 | 1% | +0pp |
| SG&A | −0.90 | 10% | +1pp |
| Other | −0.94 | 11% | +0pp |
| Operating profit | 2.37 | 27% margin | +3pp |
| Tax | −0.44 | ||
| Net profit | 1.93 | 22% margin | +4pp |
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