Filing Flows › Lineage (LINE) › Q4 2024
Lineage (LINE) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 26, 2025
Lineage (LINE) reported revenue of $1.3B for the fourth quarter 2024 (Q4 2024), +0.4% from a year earlier and +0.3% from the quarter before. Operating margin was -1.6%, net loss $80.0M (6.0% of revenue).
Lineage, Q4 2024: revenue $1.3B (+0.4% year over year), operating margin -1.6%, net loss $80.0M, operating cash flow $257M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +0.3% | +0.4% |
| Operating profit | −$21.0M | — | — |
| Net earnings | −$80.0M | — | — |
| Operating cash flow | $257M | +38% | +11% |
| Free cash flow | $52.0M | +58% | -26% |
What changed
Revenue was $1.3B in Q4 2024, roughly flat year over year and roughly flat from the previous quarter. Global Warehousing was the largest line at 73% of revenue.
Operating costs exceeded revenue by $0.02B, an operating margin of -1.6%. Total costs grew 7% against flat revenue. The fastest-growing cost line was Other operating costs (+29%). The quarter ended with a net loss of $0.08B, narrower than the previous quarter's $0.54B loss. Minority interests bore $0.01B of it: to shareholders the quarter was a loss of $0.07B. Net interest and other expense of $0.10B was the main reason.
Operating cash flow was $0.26B (up 11% year over year). Non-cash charges added back $0.24B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.20B left free cash flow of $0.05B.
Questions
What was Lineage's revenue in the fourth quarter 2024?
Lineage (LINE) reported revenue of $1.3B for the fourth quarter 2024 (Q4 2024), +0.4% from a year earlier and +0.3% from the quarter before.
Was Lineage profitable in the fourth quarter 2024?
Operating loss was $21.0M (-1.6% of revenue) and net loss $80.0M.
Source: Lineage 10-K on SEC EDGAR.