Filing Flows › Lineage (LINE) › Q1 2026
Lineage (LINE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Lineage (LINE) reported revenue of $1.3B for the first quarter 2026 (Q1 2026), +0.4% from a year earlier and -3% from the quarter before. Operating margin was 2.8%, net loss $51.0M (3.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | -3% | +0.4% |
| Operating profit | $36.0M | -46% | -36% |
| Net earnings | −$51.0M | -950% | — |
| Operating cash flow | $130M | -59% | -6% |
What changed
Revenue was $1.3B in Q1 2026, roughly flat year over year and down 3% from the previous quarter. Global Warehousing was the largest line at 76% of revenue. Global Warehousing added $0.04B year over year (up 4%), 820% of the total change. Global Integrated Solutions declined 10%.
Operating profit was $0.04B, a 2.8% margin (down 1.6 points year over year). Operating profit fell $0.02B even though revenue rose $0.01B versus Q1 2025, so costs grew faster than sales. Total costs grew 2% against flat revenue. The fastest-growing cost line was Other operating costs (+17%). The quarter ended with a net loss of $0.05B, after a profit of $0.01B the previous quarter. Minority interests bore $0.01B of it: to shareholders the quarter was a loss of $0.05B. Net interest and other expense of $0.08B was the main reason.
Operating cash flow was $0.13B (down 6% year over year). Non-cash charges added back $0.23B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.18B exceeded it, leaving free cash flow of −$0.06B.
Questions
What was Lineage's revenue in the first quarter 2026?
Lineage (LINE) reported revenue of $1.3B for the first quarter 2026 (Q1 2026), +0.4% from a year earlier and -3% from the quarter before.
Was Lineage profitable in the first quarter 2026?
Operating profit was $36.0M (2.8% of revenue) and net loss $51.0M.
Source: Lineage 10-Q on SEC EDGAR.