10x Insights
Loading account…
Companies / Real Estate / Lineage, Inc.
LINE

Lineage, Inc.

Ticker LINENOVI, MIFiscal year ends DecemberBook value per share $34.77Diluted shares 227.0M

Lineage, Inc. (Nasdaq: LINE) owns, operates, leases and manages temperature-controlled warehouses and provides related supply chain services for food retailers, manufacturers, processors and food service distributors. Its global network stores frozen and perishable food and other products, including seafood, packaged… From the company’s description.

Over the twelve months to Jun 30, 2026, Lineage, Inc. reported revenue of $5.37B, up 1.0% from a year earlier, and a net loss of $189.00M. Its operating margin was 3.6%, and operations generated $987.00M in cash. In fiscal 2025, it reported revenue of $5.36B, up 0.3% from fiscal 2024, and a net loss of $113.00M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$5.36BFY2025
+0.3% year over year
Last 12 mo $5.37B
3.38%FY2025
+10.1 percentage points
Last 12 mo 3.57%
$-113.00MFY2025
+85.0% year over year
Last 12 mo $-189.00M
-1.16%FY2025
+5.9 percentage points
Last 12 mo -1.88%
Cash & financing
$943.00MFY2025
+34.1% year over year
Last 12 mo $987.00M
$196.00MFY2025
+1533.3% year over year
Last 12 mo $244.00M
0.89FY2025
Was 0.72× a year earlier
Last 12 mo 0.94
228.0MFY2025
+19.4% year over year
Last 12 mo 227.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Lineage, Inc. does

In the company’s own words

Lineage, Inc. (Nasdaq: LINE) owns, operates, leases and manages temperature-controlled warehouses and provides related supply chain services for food retailers, manufacturers, processors and food service distributors. Its global network stores frozen and perishable food and other products, including seafood, packaged foods, proteins, produce and dairy, while warehouse services include product handling and movement. The company also offers transportation, refrigerated rail car leasing, foodservice distribution and e-commerce fulfillment. It reports two segments: global warehousing and global integrated solutions, which represented approximately 86% and 14% of total net operating income, respectively, in 2025. As of December 31, 2025, Lineage operated 501 warehouses across North America, Asia-Pacific and Europe, with approximately 88 million square feet of space and 3.1 billion cubic feet of capacity, serving more than 11,000 customers. Revenue was $5.4 billion for the year ended December 31, 2025. Its technology offerings include the customer visibility platform Lineage Link and warehouse execution system LinOS. Its website is https://www.onelineage.com/.

Company details
Sector
Real Estate
Industry (SIC)
REITs
Headquarters
NOVI, MI
Fiscal year end
December
CIK
1868159
SIC
6798

Financial performance, year by year

Fiscal 2024–2025 · USD
$-1.36B$473.40M$2.31B$4.15B$5.98B20242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Lineage, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

192
funds hold it
0 of 35
superinvestors hold it
$787.35M
held by funds, at market
8.3%
of shares held by funds

Largest fund holders · Lineage, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD U.S. GROWTH FUND
VWUSX · VANGUARD WORLD FUND
—of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Lineage, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Lineage, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Lineage, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.