Lineage, Inc. (LINE) Income Statement
LINE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsLINE revenue and net income
Where LINE's revenue goes
2025Each bar shows an amount and its share of revenue. LINE kept −1.8% of revenue as net income.
LINE profit margins
LINE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.3% | +2.8% | +59.6% | +8.7% |
| Gross profit | −53.1% | −17.2% | +9.8% | −9.9% |
| Operating income | −30.2% | — | +2.3% | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LINE quarterly EPS vs estimates
Lineage beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 9, 2026 (estimate $0.58).
LINE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.36B | $5.34B | $5.34B | $4.93B | $3.70B | $517.8M | $826.7M | $917.7M | $2.88B | $4.98B |
| Cost of revenue | $4.53B | $3.58B | $3.59B | $3.47B | $2.57B | $0 | $0 | $0 | $0 | $0 |
| Gross profit | $826.0M | $1.76B | $1.75B | $1.46B | $1.13B | $517.8M | $826.7M | $917.7M | $2.88B | $4.98B |
| Research & development | — | — | $0 | $0 | $0 | $43.3M | $3.1M | $4.1M | $9.5M | $125.0M |
| Sales, general & admin | $574.0M | $539.0M | $593.1M | $399.0M | $289.3M | $60.9M | $117.5M | $237.8M | $296.9M | $293.1M |
| Total operating expenses | $574.0M | $1.40B | $2.15B | $1.75B | $1.04B | $104.2M | $329.1M | $559.0M | $924.1M | $1.22B |
| Operating income | $252.0M | $361.0M | −$398.0M | −$297.0M | $87.7M | $224.5M | $741.6M | −$374.5M | −$4.77B | −$447.4M |
| Interest income | $8.0M | $12.0M | $6.0M | $3.2M | $3.7M | — | — | — | — | — |
| Interest expense | $268.0M | $539.0M | $588.0M | $388.1M | $235.0M | $8.4M | $12.4M | $192.9M | $546.5M | $587.8M |
| Income before taxes | −$115.0M | −$840.0M | −$110.0M | −$70.0M | −$205.8M | $216.2M | $741.6M | −$374.5M | −$4.77B | −$447.4M |
| Income taxes | −$2.0M | −$89.0M | −$14.0M | $6.0M | −$29.3M | $356.9M | $388.9M | $11.2M | −$6.5M | $4.4M |
| Net income | −$98.0M | −$664.0M | −$77.0M | −$63.0M | −$153.3M | −$140.7M | $432.9M | −$2.17B | −$4.76B | −$451.8M |
| EBITDA | $1.05B | $547.0M | $1.24B | $976.0M | $632.9M | $386.3M | $971.6M | −$1.55B | −$3.38B | $1.27B |
| EPS (diluted) | $0.98 | −$3.23 | −$0.37 | −$0.41 | −$1.17 | −$0.92 | $1.72 | −$6.16 | −$13.86 | −$1.37 |
| Gross margin | 15.4% | 33.0% | 32.8% | 29.5% | 30.5% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating margin | 4.7% | 6.8% | −7.5% | −6.0% | 2.4% | 43.4% | 89.7% | −40.8% | −165.3% | −9.0% |
| Net margin | −1.8% | −12.4% | −1.4% | −1.3% | −4.1% | −27.2% | 52.4% | −236.7% | −165.1% | −9.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.36B | $1.30B | $1.34B | $1.38B | $1.35B | $1.29B | $1.34B | $1.33B | $1.34B | $1.33B | $1.33B | $1.33B |
| Cost of revenue | $936.0M | $1.11B | $1.80B | $932.0M | $920.0M | $876.0M | $906.0M | $897.0M | $891.0M | $884.0M | $899.1M | $899.0M |
| Gross profit | $425.0M | $184.0M | −$465.0M | $445.0M | $430.0M | $416.0M | $433.0M | $438.0M | $447.0M | $444.0M | $434.4M | $430.0M |
| Sales, general & admin | $138.0M | $141.0M | $132.0M | $145.0M | $143.0M | $154.0M | $145.0M | $735.0M | $127.0M | $124.0M | $232.1M | $122.0M |
| Total operating expenses | $371.0M | $141.0M | −$603.0M | $410.0M | $407.0M | $360.0M | −$268.0M | $953.0M | $373.0M | $343.0M | $1.06B | $333.0M |
| Operating income | $54.0M | $43.0M | $138.0M | $35.0M | $23.0M | $56.0M | $701.0M | −$515.0M | $74.0M | $101.0M | −$621.2M | $97.0M |
| Interest income | $1.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $3.0M | $7.0M | $1.0M | $1.0M | — | $0 |
| Interest expense | $87.0M | $88.0M | $358.0M | $89.0M | $88.0M | $81.0M | $85.0M | $115.0M | $174.0M | $82.6M | $159.0M | $150.0M |
| Income before taxes | −$33.0M | −$47.0M | −$8.0M | −$101.0M | −$14.0M | $8.0M | −$121.0M | −$588.0M | −$73.0M | −$58.0M | −$482.8M | −$55.0M |
| Income taxes | −$1.0M | $4.0M | −$14.0M | $11.0M | −$7.0M | $8.0M | −$41.0M | −$45.0M | $7.0M | −$10.0M | −$37.4M | −$5.0M |
| Net income | −$29.0M | −$46.0M | $6.0M | −$100.0M | −$6.0M | $0 | −$71.0M | −$485.0M | −$68.0M | −$40.0M | −$411.1M | −$39.0M |
| EBITDA | $291.0M | $274.0M | $579.0M | $213.0M | $292.0M | $298.0M | $196.0M | −$270.0M | $309.0M | $235.6M | −$487.0M | $283.0M |
| EPS (diluted) | $0.76 | −$0.15 | $0.19 | $0.85 | $0.01 | −$0.07 | −$0.33 | −$2.44 | −$0.46 | — | — | — |
| Gross margin | 31.2% | 14.2% | −34.8% | 32.3% | 31.9% | 32.2% | 32.3% | 32.8% | 33.4% | 33.4% | 32.6% | 32.4% |
| Operating margin | 4.0% | 3.3% | 10.3% | 2.5% | 1.7% | 4.3% | 52.4% | −38.6% | 5.5% | 7.6% | −46.6% | 7.3% |
| Net margin | −2.1% | −3.5% | 0.4% | −7.3% | −0.4% | 0.0% | −5.3% | −36.3% | −5.1% | −3.0% | −30.8% | −2.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LINE's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LINE financial results
In fiscal year 2025 (ended December 31, 2025), Lineage reported revenue of $5.4 billion, up 0.3% from the year before. It had a net loss of $98.0 million, a net profit margin of −1.8%. Diluted earnings per share came to $0.98. Over five years revenue grew at an average rate of 59.6% a year.
See the LINE stock overview for the latest quote and news, or the LINE chart for price history and technical indicators.
LINE income statement FAQ
What is Lineage's annual revenue?
Lineage reported total revenue of $5.4 billion for fiscal year 2025, which ended on December 31, 2025. That was up 0.3% from $5.3 billion the previous year.
Is Lineage profitable?
No. Lineage reported a net loss of $98.0 million in fiscal 2025, a net profit margin of −1.8%; its operating margin was 4.7%.
What is Lineage's gross margin?
Lineage's gross margin was 15.4% in fiscal 2025: for every $100 of revenue, Lineage kept $15 after the direct cost of its products and services.
How fast is Lineage growing?
Revenue grew 59.6% a year on average over the last five fiscal years, from $517.8 million to $5.4 billion.
What are Lineage's earnings per share?
Lineage earned $0.98 per diluted share in fiscal 2025, compared with $-3.23 a year earlier.
When will Lineage report its next earnings?
Lineage is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes.
When does Lineage's fiscal year end?
Lineage's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.