Linde (LIN) Revenue — Quarter Ended Jun 30, 2023
Revenue for the second quarter was essentially flat compared to the prior quarter, while it declined relative to the same quarter last year. The sequential stability contrasted with the year-over-year decrease.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the second quarter was essentially flat compared to the prior quarter, while it declined relative to the same quarter last year. The sequential stability contrasted with the year-over-year decrease.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.2B
Revenue reported for this quarter.
Quarter-over-quarter
+0.1%
Change from the immediately preceding quarter.
Year-over-year
-3.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$33.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $8.8B | +14.7% |
| Dec 31, 2022 | $7.9B | -4.8% |
| Mar 31, 2023 | $8.2B | -0.2% |
| Jun 30, 2023 | $8.2B | -3.0% |
Revenue performance
Revenue remained steady from the preceding quarter, showing marginal improvement. However, the figure trailed the level achieved in the same period one year earlier.
Quarterly comparison
Compared to the immediately prior quarter, revenue was nearly unchanged. On a year-over-year basis, revenue was lower than the prior year's second quarter.
What to watch
Monitor whether revenue can regain year-ago levels in upcoming quarters.