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Lineage, Inc. LINE Transportation — Net revenues

Other product segments

Warehousing operations
$875M+2.3%
Warehouse lease revenues
$73M-12.0%
Food sales
$60M-1.6%
Redistribution revenues
$60M+1.7%
Managed services
$54M+100%
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

See full
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 transportation — net revenues?
Lineage, Inc. (LINE) reported transportation — net revenues of $173M in Q2 2026.
How has Lineage, Inc.'s transportation — net revenues changed year-over-year?
Lineage, Inc.'s transportation — net revenues decreased by 12.6% year-over-year, from $198M to $173M.
What is the long-term trend for Lineage, Inc.'s transportation — net revenues?
Over 3 years (2022 to 2025), Lineage, Inc.'s transportation — net revenues has grown at a -8.5% compound annual growth rate (CAGR), from $935M to $717M.
What does transportation — net revenues mean?
This metric represents the total revenue generated from transportation and logistics services, net of any intercompany eliminations or direct costs associated with freight forwarding, drayage, and customs brokerage. It reflects the company's ability to monetize its end-to-end supply chain capabilities beyond pure cold storage warehousing. This revenue stream is a critical indicator of the company's integration into the broader temperature-controlled logistics ecosystem.

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