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Side-by-side financial comparison of Ingram Micro Holding Corp (INGM) and Linde plc (LIN). Click either name above to swap in a different company.

Ingram Micro Holding Corp is the larger business by last-quarter revenue ($14.9B vs $8.8B, roughly 1.7× Linde plc). Linde plc runs the higher net margin — 17.5% vs 0.8%, a 16.6% gap on every dollar of revenue. On growth, Ingram Micro Holding Corp posted the faster year-over-year revenue change (11.5% vs 5.8%). Ingram Micro Holding Corp produced more free cash flow last quarter ($1.6B vs $1.6B). Over the past eight quarters, Ingram Micro Holding Corp's revenue compounded faster (14.6% CAGR vs 4.0%).

Ingram Micro Holding Corporation is an American distributor of information technology products and services. The company is based in Irvine, California, U.S. and has operations around the world. Founded as Micro D, Inc in 1979 in California by Geza Czige and Lorraine Mecca, the company, originally a traditional distributor focused on marketing, selling and shipping vendor products to resellers, is currently specializing on becoming a platform-based business that focuses on its digital experie...

Linde is a global multinational chemical company and the world's largest industrial gas supplier by market share and revenue. Founded by German scientist and engineer Carl von Linde in 1879 in Wiesbaden, Germany, the company is now headquartered in Woking, United Kingdom, and registered in Ireland as Linde plc. Linde plc was formed in 2018 through the merger of Linde AG and Praxair, which was founded in 1907 in the United States as Linde Air Products Company.

INGM vs LIN — Head-to-Head

Bigger by revenue
INGM
INGM
1.7× larger
INGM
$14.9B
$8.8B
LIN
Growing faster (revenue YoY)
INGM
INGM
+5.7% gap
INGM
11.5%
5.8%
LIN
Higher net margin
LIN
LIN
16.6% more per $
LIN
17.5%
0.8%
INGM
More free cash flow
INGM
INGM
$58.4M more FCF
INGM
$1.6B
$1.6B
LIN
Faster 2-yr revenue CAGR
INGM
INGM
Annualised
INGM
14.6%
4.0%
LIN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
INGM
INGM
LIN
LIN
Revenue
$14.9B
$8.8B
Net Profit
$121.4M
$1.5B
Gross Margin
6.5%
Operating Margin
2.1%
23.0%
Net Margin
0.8%
17.5%
Revenue YoY
11.5%
5.8%
Net Profit YoY
46.1%
-11.3%
EPS (diluted)
$0.67
$3.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INGM
INGM
LIN
LIN
Q1 26
$14.9B
Q4 25
$14.9B
$8.8B
Q3 25
$12.6B
$8.6B
Q2 25
$12.8B
$8.5B
Q1 25
$12.3B
$8.1B
Q4 24
$8.3B
Q3 24
$11.8B
$8.4B
Q2 24
$11.5B
$8.3B
Net Profit
INGM
INGM
LIN
LIN
Q1 26
$121.4M
Q4 25
$121.4M
$1.5B
Q3 25
$99.5M
$1.9B
Q2 25
$37.8M
$1.8B
Q1 25
$69.2M
$1.7B
Q4 24
$1.7B
Q3 24
$77.0M
$1.6B
Q2 24
$54.6M
$1.7B
Gross Margin
INGM
INGM
LIN
LIN
Q1 26
6.5%
Q4 25
6.5%
Q3 25
6.9%
Q2 25
6.6%
Q1 25
6.7%
Q4 24
Q3 24
7.2%
Q2 24
7.2%
Operating Margin
INGM
INGM
LIN
LIN
Q1 26
2.1%
Q4 25
2.1%
23.0%
Q3 25
1.8%
27.5%
Q2 25
1.1%
27.7%
Q1 25
1.6%
26.9%
Q4 24
27.4%
Q3 24
1.9%
25.0%
Q2 24
1.6%
26.4%
Net Margin
INGM
INGM
LIN
LIN
Q1 26
0.8%
Q4 25
0.8%
17.5%
Q3 25
0.8%
22.4%
Q2 25
0.3%
20.8%
Q1 25
0.6%
20.6%
Q4 24
20.8%
Q3 24
0.7%
18.5%
Q2 24
0.5%
20.1%
EPS (diluted)
INGM
INGM
LIN
LIN
Q1 26
$0.67
Q4 25
$0.52
$3.28
Q3 25
$0.42
$4.09
Q2 25
$0.16
$3.73
Q1 25
$0.29
$3.51
Q4 24
$3.61
Q3 24
$0.35
$3.22
Q2 24
$0.25
$3.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INGM
INGM
LIN
LIN
Cash + ST InvestmentsLiquidity on hand
$1.9B
$5.1B
Total DebtLower is stronger
$3.2B
$20.7B
Stockholders' EquityBook value
$4.2B
$38.2B
Total Assets
$21.2B
$86.8B
Debt / EquityLower = less leverage
0.75×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INGM
INGM
LIN
LIN
Q1 26
$1.9B
Q4 25
$1.9B
$5.1B
Q3 25
$802.6M
$4.5B
Q2 25
$856.7M
$4.8B
Q1 25
$881.6M
$5.3B
Q4 24
$4.8B
Q3 24
$849.5M
$5.2B
Q2 24
$4.6B
Total Debt
INGM
INGM
LIN
LIN
Q1 26
$3.2B
Q4 25
$3.2B
$20.7B
Q3 25
$3.8B
$18.6B
Q2 25
$3.7B
$19.7B
Q1 25
$3.5B
$17.6B
Q4 24
$15.3B
Q3 24
$3.8B
$17.5B
Q2 24
$16.9B
Stockholders' Equity
INGM
INGM
LIN
LIN
Q1 26
$4.2B
Q4 25
$4.2B
$38.2B
Q3 25
$4.1B
$38.6B
Q2 25
$4.0B
$38.5B
Q1 25
$3.9B
$38.0B
Q4 24
$38.1B
Q3 24
$3.6B
$39.2B
Q2 24
$3.5B
$38.2B
Total Assets
INGM
INGM
LIN
LIN
Q1 26
$21.2B
Q4 25
$21.2B
$86.8B
Q3 25
$19.2B
$86.0B
Q2 25
$19.5B
$86.1B
Q1 25
$18.6B
$82.7B
Q4 24
$80.1B
Q3 24
$18.6B
$82.5B
Q2 24
$80.2B
Debt / Equity
INGM
INGM
LIN
LIN
Q1 26
0.75×
Q4 25
0.75×
0.54×
Q3 25
0.93×
0.48×
Q2 25
0.92×
0.51×
Q1 25
0.90×
0.46×
Q4 24
0.40×
Q3 24
1.06×
0.45×
Q2 24
0.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INGM
INGM
LIN
LIN
Operating Cash FlowLast quarter
$3.0B
Free Cash FlowOCF − Capex
$1.6B
$1.6B
FCF MarginFCF / Revenue
11.0%
17.9%
Capex IntensityCapex / Revenue
0.2%
16.6%
Cash ConversionOCF / Net Profit
1.98×
TTM Free Cash FlowTrailing 4 quarters
$2.6B
$5.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INGM
INGM
LIN
LIN
Q1 26
Q4 25
$1.6B
$3.0B
Q3 25
$-146.0M
$2.9B
Q2 25
$-298.0M
$2.2B
Q1 25
$-200.4M
$2.2B
Q4 24
$2.8B
Q3 24
$-277.0M
$2.7B
Q2 24
$1.9B
Free Cash Flow
INGM
INGM
LIN
LIN
Q1 26
$1.6B
Q4 25
$1.5B
$1.6B
Q3 25
$-175.0M
$1.7B
Q2 25
$-333.2M
$954.0M
Q1 25
$-230.2M
$891.0M
Q4 24
$1.6B
Q3 24
$-315.0M
$1.7B
Q2 24
$796.0M
FCF Margin
INGM
INGM
LIN
LIN
Q1 26
11.0%
Q4 25
10.2%
17.9%
Q3 25
-1.4%
19.4%
Q2 25
-2.6%
11.2%
Q1 25
-1.9%
11.0%
Q4 24
18.8%
Q3 24
-2.7%
19.9%
Q2 24
9.6%
Capex Intensity
INGM
INGM
LIN
LIN
Q1 26
0.2%
Q4 25
0.2%
16.6%
Q3 25
0.2%
14.8%
Q2 25
0.3%
14.8%
Q1 25
0.2%
15.7%
Q4 24
15.1%
Q3 24
0.3%
12.8%
Q2 24
13.7%
Cash Conversion
INGM
INGM
LIN
LIN
Q1 26
Q4 25
12.85×
1.98×
Q3 25
-1.47×
1.53×
Q2 25
-7.88×
1.25×
Q1 25
-2.90×
1.29×
Q4 24
1.63×
Q3 24
-3.60×
1.76×
Q2 24
1.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INGM
INGM

Segment breakdown not available.

LIN
LIN

Other$4.9B56%
Packaged Gas$1.6B19%
Merchant$1.2B14%
On Site$950.0M11%
Other Distribution Methods$64.0M1%

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