Filing Flows › Lineage (LINE) › Q1 2025
Lineage (LINE) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Lineage (LINE) reported revenue of $1.3B for the first quarter 2025 (Q1 2025), -3% from a year earlier and -4% from the quarter before. Operating margin was 4.3%, net earnings $0 (0.0% of revenue).
Lineage, Q1 2025: revenue $1.3B (-3% year over year), operating margin 4.3%, net earnings $0, operating cash flow $139M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | -4% | -3% |
| Operating profit | $56.0M | — | -45% |
| Net earnings | $0 | — | — |
| Operating cash flow | $139M | -46% | +32% |
What changed
Revenue was $1.3B in Q1 2025, down 3% year over year and down 4% from the previous quarter. Global Warehousing was the largest line at 73% of revenue. Global Warehousing lost $0.03B year over year (down 3%), 69% of the total change.
Operating profit was $0.06B, a 4.3% margin (down 3.3 points year over year). Total costs grew 1% against a revenue fall of 3%. The fastest-growing cost line was General & admin (+24%). Net earnings were $0K. The effective tax rate was 100.0%.
Operating cash flow was $0.14B (up 32% year over year). Non-cash charges added back $0.21B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.15B exceeded it, leaving free cash flow of −$0.01B.
Questions
What was Lineage's revenue in the first quarter 2025?
Lineage (LINE) reported revenue of $1.3B for the first quarter 2025 (Q1 2025), -3% from a year earlier and -4% from the quarter before.
Was Lineage profitable in the first quarter 2025?
Operating profit was $56.0M (4.3% of revenue) and net earnings $0.
Source: Lineage 10-Q on SEC EDGAR.