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Lineage, Inc. LINE Managed services — Net revenues

Other product segments

Warehousing operations
$875M+2.3%
Transportation
$173M-12.6%
Warehouse lease revenues
$73M-12.0%
Food sales
$60M-1.6%
Redistribution revenues
$60M+1.7%
E-commerce and other
$42M-4.5%
Railcar lease revenues
$21M+16.7%
Other
$3M-40.0%

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Other financials

Income statement

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Revenue$1.4B+0.8%
Gross profit$425.0M-1.2%
Operating income$54.0M+135%
Net income-$29.0M-383%
EPS (diluted)-$0.13-333%

Balance sheet

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Cash & equivalents$58.0M-29.3%
Total debt$8.1B+5.1%
Total equity$7.9B-8.6%
Total assets$18.9B-2.8%

Cash flow

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Operating cash flow$311.0M+20.5%
CapEx$125.0M-23.3%
Free cash flow$186.0M+95.8%

Valuation

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Market cap$9.55B-6.0%
Enterprise value$17.63B-1.1%
P/S1.8×-0.1×

Profitability

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Gross margin32%-0.3pp
Operating margin3.6%+2.1pp
Net margin-3.3%-1.3pp
FCF margin4.5%+1.4pp

Returns & leverage

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Return on equity-2.1%-0.9pp
Debt / equity+0.1×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by Lineage, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Lineage, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 7:07 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001868159-26-000039
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net revenues$1,361$1,350$2,658$2,642
Cost of operations9369201,8161,796
General and administrative expense138143279297
Depreciation expense182170359328
Amortization expense5554111108
Acquisition, transaction, and other expense37452
Restructuring, impairment, and (gain) loss on disposals(4)3(1)(18)
Total operating expense1,3071,3272,5682,563

Item 1. Financial Statements

FAQ

What is Lineage, Inc.'s managed services — net revenues?
Lineage, Inc. (LINE) reported managed services — net revenues of $54M in Q2 2026.
How has Lineage, Inc.'s managed services — net revenues changed year-over-year?
Lineage, Inc.'s managed services — net revenues increased by 100.0% year-over-year, from $27M to $54M.
What is the long-term trend for Lineage, Inc.'s managed services — net revenues?
Over 3 years (2022 to 2025), Lineage, Inc.'s managed services — net revenues has grown at a 30.1% compound annual growth rate (CAGR), from $79M to $174M.
What does managed services — net revenues mean?
This metric represents the total net revenue generated from the company's managed services segment, which encompasses specialized logistics and supply chain management solutions. It reflects the value of services provided to customers beyond basic storage, such as integrated freight forwarding, customs brokerage, and drayage operations. This revenue stream is a key indicator of the company's ability to capture additional wallet share by providing end-to-end supply chain support.

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