Linde Q4 2025 sales rise 6% to $8.8 billion; GAAP EPS falls 9% to $3.26
Linde reported fourth-quarter 2025 sales of $8,764 million, up 6%, and adjusted EPS of $4.20, up 6%, while GAAP diluted EPS fell 9% to $3.26 and net income fell 11% to $1,530 million. The company guided 2026 adjusted diluted EPS to $17.40 to $17.90, up 6% to 9%, which gives shareholders a forward profit range but also highlights a gap between adjusted and GAAP results.
Key points
- Q4 2025 sales $8,764 million, up 6%; underlying sales up 3%
- Q4 2025 GAAP diluted EPS $3.26, down 9%; adjusted EPS $4.20, up 6%
- 2026 full-year adjusted EPS guidance $17.40 to $17.90; Q1 2026 guidance $4.20 to $4.30
- Full-year 2025 returned $7.4 billion to shareholders through dividends and share repurchases
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.