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Filing Flows › Lineage (LINE) › Q1 2026 › vs Q4 2025

Lineage (LINE) Q1 2026 vs Q4 2025 (quarter over quarter)

Lineage's revenue fell $39.0M (-3%) from $1.3B in Q4 2025 to $1.3B in Q1 2026. The biggest changes: Global Warehousing −$38.0M (-4%); Global Integrated Solutions −$1.0M (-0.3%).

Lineage, Q1 2026: revenue $1.3B (+0.4% year over year), operating margin 2.8%, net loss $51.0M, operating cash flow $130M. The chart draws each line against Q4 2025, the increases inside each band.

Lineage: what changed, Q1 2026 vs Q4 2025Lineage: what changed, Q1 2026 vs Q4 2025Operating cash flow−$186MWorking capital & other$144MNegative free cash flow (OCF …$133MNet loss$57.0MNet loss absorbed$57.0MCapital expenditures−$53.0MGlobal Warehousing−$38.0MCost of revenue−$26.0MIncome tax$18.0MOperating cash sources$15.0M

Every line

LineQ1 2026Q4 2025Change%
Global Warehousing$985M$1.0B−$38.0M-4%
Global Integrated Solutions$312M$313M−$1.0M-0.3%
Revenue$1.3B$1.3B−$39.0M-3%
Net loss$51.0M−$6.0M$57.0M—
Costs & expenses$1.3B$1.4B−$2.0M-0.1%
Operating costs$1.3B$1.3B−$8.0M-0.6%
Interest & other, net$83.0M$75.0M$8.0M+11%
Income tax$4.0M−$14.0M$18.0M—
Cost of revenue$880M$906M−$26.0M-3%
General & admin$141M$132M$9.0M+7%
Other operating costs$240M$231M$9.0M+4%
Operating cash sources$263M$248M$15.0M+6%
Depreciation & amortization$233M$229M$4.0M+2%
Share-based compensation$30.0M$19.0M$11.0M+58%
Net loss absorbed$51.0M−$6.0M$57.0M—
Working capital & other$82.0M−$62.0M$144M—
Operating cash flow$130M$316M−$186M-59%
Capital expenditures$185M$238M−$53.0M-22%
Negative free cash flow (OCF − capex)$55.0M−$78.0M$133M—

Questions

How much did Lineage's revenue grow quarter over quarter in Q1 2026?

Lineage's revenue fell $39.0M (-3%) from $1.3B in Q4 2025 to $1.3B in Q1 2026.

What drove Lineage's revenue change in Q1 2026?

Global Warehousing −$38.0M (-4%); Global Integrated Solutions −$1.0M (-0.3%).

Q1 2026 results → · Compare in the interactive Sankey →