Lindes Q2 Revenue Hits 9.29 Billion, Beating Forecasts
Linde reported Q2 EPS of USD 4.50 and revenue of USD 9.29 billion. The company maintained its full-year 2026 earnings guidance range.
Key points
- Linde Q2 2026 EPS was USD 4.50, beating the USD 4.49 consensus estimate.
- Revenue totaled USD 9.29 billion, a 9.3 percent increase from the prior year.
- Full-year 2026 guidance remains USD 17.70 to USD 17.90 per share.
Linde plc closed at USD 464.91 on Nasdaq on September 22, 2026. The stock rose 1.62 percent following second-quarter results that exceeded analyst estimates. This move shifted focus to earnings growth and the full-year outlook.
The company reported Q2 2026 earnings per share of USD 4.50. This figure beat the consensus estimate of USD 4.49 by USD 0.01. Revenue reached USD 9.29 billion, surpassing the USD 9.02 billion forecast. This represented a 9.3 percent increase from the prior year quarter.
Quarterly performance exceeds prior year figures
The USD 4.50 EPS marks a USD 0.41 rise from Q2 2025. That previous quarter reported EPS of USD 4.09. Consequently, the year-over-year growth rate stands at 10.0 percent. Revenue also exceeded expectations by USD 0.27 billion.
Guidance remains steady despite market shifts
Linde maintained fiscal-year 2026 guidance of USD 17.70 to USD 17.90 per share. For Q3 2026, the range is USD 4.45 to USD 4.55 per share. The current consensus sits at USD 17.86 per share. Erste Group Bank slightly lowered its 2027 estimate to USD 19.60.
Valuation lags behind annual peak levels
The closing price stood 15.2 percent below the 52-week high of USD 548.20. It remained above the 52-week low of USD 387.78. Market capitalization reached USD 214.31 billion. Volume hit 1.93 million shares, above the 1.87 million average.
UBS maintained a Buy rating with a USD 612 price target. This target is USD 147.09 above the recent close. The next earnings date is October 30, 2026. Investors will watch Q3 results against the provided guidance range.
