Quarterly ResultAug 5, 2026, 07:13 AM
Lineage Q2 Net Loss Widens to $(29)M; H1 Loss $(75)M
AI Summary
Lineage, Inc. reported a significant widening of its net loss for the second quarter of 2026 to $(29) million, compared to a $(6) million loss in the prior year. For the first half of 2026, the net loss attributable to the company was $(75) million, up from $(6) million in the same period last year, primarily due to increased interest expense. Despite this, net revenues saw a slight increase, and income from operations improved. The company also completed the acquisition of noncontrolling shares in SK Logistics for $2 million and reclassified Kloosterboer Preference Shares as a $293 million liability.
Key Highlights
- Q2 2026 net loss attributable to Lineage, Inc. widened to $(29)M from $(6)M YoY.
- H1 2026 net loss attributable to Lineage, Inc. widened to $(75)M from $(6)M YoY.
- Q2 2026 net revenues increased to $1,361M from $1,350M YoY.
- H1 2026 net revenues increased to $2,658M from $2,642M YoY.
- Q2 2026 income from operations rose to $54M from $23M YoY.
- H1 2026 interest expense, net, increased to $(171)M from $(127)M YoY.
- Acquired noncontrolling shares in SK Logistics for $2M in March 2026.
- Kloosterboer Preference Shares reclassified to a $293M liability.
Price Impact
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