Air Liquide revenue and financials

AI · Euronext Paris · EUR

€168.84−0.15%−€0.26

Close · October 7, 2026

In the fiscal year ended December 2025, Air Liquide reported revenue of €26.94B (−0.43% year over year). Net income was €3.52B, a net margin of 13.1%.

Annual revenue · 2025: €26.94B
  1. €18.13B2016
  2. €20.35B2017
  3. €21.01B2018
  4. €21.92B2019
  5. €20.49B2020
  6. €23.33B2021
  7. €29.93B2022
  8. €27.61B2023
  9. €27.06B2024
  10. €26.94B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−0.43%
2025 vs 2024
Net income growth
+6.41%
2025 vs 2024
Net margin
13.1%
2024: 12.2%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

ItemQ2 2026Q4 2025Q2 2025Q4 2024Q2 2024Q4 2023Q2 2023Q4 2022Q2 2022Q4 2021
Total revenue13,82813,21813,72213,67913,37913,62713,98015,72714,20712,489
Cost of revenue4,9534,6235,0285,0334,9755,4105,7377,2976,5165,310
Gross profit8,8758,5958,6948,6468,4038,2178,2448,4307,6917,179
Selling, general and administrative2,5592,5212,6012,6012,5992,5892,5462,5932,3802,240
Operating income2,7822,5402,6602,6612,4632,4342,3652,4402,1692,050
EBIT2,7822,5402,6602,6612,4632,4342,3652,4402,1692,050
EBITDA4,1073,5183,9473,6383,6903,3933,5953,4253,3572,894
Interest expense149244117249130255118212145180
Pre-tax income2,5612,3792,4962,2342,2921,8562,3042,0691,8371,888
Income tax675601630544543433539543459490
Net income1,8231,7171,8011,6251,6811,3561,7221,4541,3051,333
Net income to common shareholders1,8231,7171,8011,6251,6811,3561,7221,4541,3051,333
Basic EPS2.862.702.832.562.652.142.722.302.072.11
Diluted EPS2.862.692.832.552.652.142.712.302.062.11
Average shares (basic)637635636634634634633632632631
Average shares (diluted)638636637636636636636634634633