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Lineage, Inc. LINE Warehousing operations — Net revenues

Other product segments

Transportation
$173M-12.6%
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 warehousing operations — net revenues?
Lineage, Inc. (LINE) reported warehousing operations — net revenues of $875M in Q2 2026.
How has Lineage, Inc.'s warehousing operations — net revenues changed year-over-year?
Lineage, Inc.'s warehousing operations — net revenues increased by 2.3% year-over-year, from $855M to $875M.
What is the long-term trend for Lineage, Inc.'s warehousing operations — net revenues?
Over 3 years (2022 to 2025), Lineage, Inc.'s warehousing operations — net revenues has grown at a 4.1% compound annual growth rate (CAGR), from $3.08B to $3.47B.
What does warehousing operations — net revenues mean?
This metric represents the total revenue generated from the company's core temperature-controlled storage and logistics services, excluding intersegment eliminations. It captures the financial performance of the primary warehousing business, including cold storage, automated warehousing, and port-centric logistics solutions. This figure serves as a key indicator of the scale and market demand for the company's specialized supply chain infrastructure.

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