Quarterly ResultMay 6, 2026, 07:17 AM
Lineage Q1 Net Loss $(51)M; EPS $(0.18)
AI Summary
Lineage, Inc. reported a net loss of $51 million for the three months ended March 31, 2026, a significant decline from the break-even net income in the prior year period. Diluted earnings per share also fell to $(0.18) from $0.01. Net revenues saw a slight increase to $1,297 million, up from $1,292 million year-over-year. The company also completed the redemption of redeemable noncontrolling interests in SK Logistics.
Key Highlights
- Net loss attributable to Lineage, Inc. was $(46) million for Q1 2026, compared to $0 million in Q1 2025.
- Diluted earnings per share decreased to $(0.18) in Q1 2026 from $0.01 in Q1 2025.
- Net revenues slightly increased to $1,297 million in Q1 2026 from $1,292 million in Q1 2025.
- Income from operations decreased to $36 million in Q1 2026 from $56 million in Q1 2025.
- Interest expense, net, rose to $84 million in Q1 2026 from $60 million in Q1 2025.
- Net cash provided by operating activities was $130 million in Q1 2026, down from $139 million in Q1 2025.
- Redeemable noncontrolling interests of $7 million were derecognized in March 2026.
Price Impact
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