Filing Flows › Lineage (LINE) › Q3 2025
Lineage (LINE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Lineage (LINE) reported revenue of $1.4B for the third quarter 2025 (Q3 2025), +3% from a year earlier and +2% from the quarter before. Operating margin was 2.5%, net loss $112M (8.1% of revenue).
Lineage, Q3 2025: revenue $1.4B (+3% year over year), operating margin 2.5%, net loss $112M, operating cash flow $230M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +2% | +3% |
| Operating profit | $35.0M | +52% | — |
| Net earnings | −$112M | — | — |
| Operating cash flow | $230M | -11% | +24% |
| Free cash flow | $35.0M | -63% | +6% |
What changed
Revenue was $1.4B in Q3 2025, up 3% year over year and up 2% from the previous quarter. Global Warehousing was the largest line at 74% of revenue. Global Warehousing added $0.04B year over year (up 4%), 98% of the total change.
Operating profit was $0.04B, a 2.5% margin (up 41.1 points year over year). Total costs fell 27% while revenue rose 3%. The quarter ended with a net loss of $0.11B, wider than the previous quarter's $0.01B loss. Minority interests bore $0.01B of it: to shareholders the quarter was a loss of $0.10B. Net interest and other expense of $0.14B was the main reason.
Operating cash flow was $0.23B (up 24% year over year). Non-cash charges added back $0.23B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.20B left free cash flow of $0.04B.
Questions
What was Lineage's revenue in the third quarter 2025?
Lineage (LINE) reported revenue of $1.4B for the third quarter 2025 (Q3 2025), +3% from a year earlier and +2% from the quarter before.
Was Lineage profitable in the third quarter 2025?
Operating profit was $35.0M (2.5% of revenue) and net loss $112M.
Source: Lineage 10-Q on SEC EDGAR.