Lineage (LINE) Q3 FY2026 earnings: revenue $1.4 billion, down 1.2% on the year
Lineage, Inc. (LINE) reported revenue of $1.4 billion for Q3 FY2026, the quarter ended 30 September 2026, down 1.2% on the same quarter a year earlier. Net income was -$154 million, and diluted earnings per share $-0.68. The figures are the company's own, from the 10-Q it filed with the SEC on 9 November 2026.
Revenue
$1.4 billion
-1.2% on the year · 0.0% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-5.9%
2.5% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$154 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$0.68
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 lowered, 1 narrowed, 1 kept.
Revenue edged down 1.2%: Total revenue was $1,361 million, down from $1,377 million a year earlier. Nine-month revenue was $4,019 million, the same as a year earlier.
GAAP net loss widened: GAAP net loss was $173 million, or $(0.68) per diluted share, against a net loss of $112 million, or $(0.44) per share, in the third quarter of 2025.
Adjusted EBITDA down 7.0%: Adjusted EBITDA was $317 million, down from $341 million. Margin was 23.3%, against 24.8%, a fall of 150 basis points.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
-10.0
311
230
Capital expenditure
173
125
195
+38.4%
-11.3%
Free cash flow
-183
186
35.0
Free cash flow margin
-13.4%
13.7%
2.5%
Cash from investing
-163
-122
-181
Cash from financing
174
-198
-54.0
Depreciation and amortisation
241
237
230
+1.7%
+4.8%
Share-based compensation
38.0
23.0
38.0
+65.2%
0.0%
Buybacks
n/a
n/a
0.0
Dividends paid
134
136
134
-1.5%
0.0%
Dividend per share
$0.53
$0.53
$0.53
0.0%
+0.5%
Diluted shares, weighted
228m
228m
228m
0.0%
0.0%
Shares outstanding at period end
228m
228m
228m
+0.0%
-0.2%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
7,662
7,893
8,383
-2.9%
-8.6%
Non-controlling interest
952
981
995
-3.0%
-4.3%
Redeemable equity
0.0
0.0
7.0
Debt
6,815
6,222
5,947
+9.5%
+14.6%
Operating lease liabilities
562
574
598
-2.1%
-6.0%
Finance lease liabilities
1,183
1,195
1,223
-1.0%
-3.3%
Other liabilities
1,802
2,035
2,044
-11.4%
-11.8%
Total liabilities and equity
18,976
18,900
19,197
+0.4%
-1.2%
Fixed assets
11,159
11,209
11,254
-0.4%
-0.8%
Goodwill
3,426
3,426
3,473
0.0%
-1.4%
Intangible assets
990
1,020
1,116
-2.9%
-11.3%
Cash and equivalents
59.0
58.0
75.0
+1.7%
-21.3%
Receivables
938
920
857
+2.0%
+9.5%
Inventory
127
122
167
+4.1%
-24.0%
Other assets
2,277
2,145
2,255
+6.2%
+1.0%
Total assets
18,976
18,900
19,197
+0.4%
-1.2%
Questions
What was Lineage's revenue in Q3 FY2026?
Lineage (LINE) reported revenue of $1.4 billion for Q3 FY2026, the quarter ended 30 September 2026, down 1.2% on the same quarter a year earlier.
How much did Lineage earn in Q3 FY2026?
Net loss for Q3 FY2026 was $154 million, and the diluted loss per share $0.68.
When did Lineage report Q3 FY2026 results?
Lineage filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 9 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 9 November 2026: the filing.