Stocks Real estate LINE
NASDAQ · Real estateLineage, Inc. (LINE)
Lineage, Inc. brought in $5.4B of revenue over the twelve months to September 30, 2026, down 0.1% from a year earlier. It posted a net loss of $223M. Operating cash flow minus capital spending left $196M of free cash flow in fiscal 2025. At September 30, 2026 it held $59M in cash against $6.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Lineage, Inc.
- Net worth
- Lineage, Inc. has a market value (market cap) of $7.9B at the latest share price, and shareholders' equity of $7.7B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $5.4B (+0.3% year on year), with a net loss of $100M. Over the 12 months to September 30, 2026: revenue $5.4B, net loss $223M.
- Cash flow
- In fiscal 2025 operations brought in $943M of cash; after $747M of capital spending, free cash flow was $196M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Lineage, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Lineage, Inc. declared dividends of $2.11 per share in fiscal 2025, a yield of 6.05% at the current price.
What Lineage, Inc. does
Lineage, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NASDAQ under the ticker LINE.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $5.4B | -$100M | -$0.43 | $196M |
| 2024 | $5.3B | -$664M | -$3.70 | $12M |
| 2024 | $5.3B | -$77M | -$0.73 | $30M |
| 2022 | $4.9B | -$63M | -$0.51 | -$312M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where LINE ranks in Real estate
Dividends
Lineage, Inc. declared $2.11 per share in fiscal 2025. At the current price that is a yield of 6.05%. It paid out $537M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $2.11 | $537M | n/a |
| 2024 | $0.91 | $234M | n/a |
| 2024 | $0.55 | $46M | n/a |
| 2022 | n/a | $180M | n/a |
Latest SEC filings
What Lineage, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 1.2% to $1.4B versus the same quarter last year; diluted EPS -$0.68 versus -$0.44.
- November 9, 2026
- October 22, 2026
- September 24, 2026Executive or director change8-KLineage appointed Paul Beiboer to its board of directors following the resignation of James Wyper and announced a transition plan for its Chief Transformation Officer.
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 0.8% to $1.4B versus the same quarter last year; diluted EPS -$0.13 versus -$0.03.
- August 5, 2026
- June 12, 2026
- May 6, 2026Quarterly report 10-Q · period to March 31, 2026Revenue was flat at $1.3B versus the same quarter last year; diluted EPS -$0.18 versus $0.01.
- May 6, 2026
- April 23, 2026Additional proxy material DEFA14A
What is LINE worth? A DCF from its reported cash flow
Insider trades
What the people running Lineage, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $987.6K worth of shares on the open market in the last 90 days and sold none.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 23, 2026 | Beiboer Paul GijsbertDirector | Received as pay | 3,672 | - |
| August 28, 2026 | Marchetti Kevin PatrickCo-Executive Chairman, Director, 10% owner | Bought | 25,000 | $987.6K |
| August 7, 2026 | LeMasters Robb A.Chief Financial Officer | Boughtindirect | 20,000 | $826.6K |
| June 9, 2026 | Wentworth Lynn ADirector | Received as pay | 4,490 | - |
| June 9, 2026 | Archambeau Shellye LDirector | Received as pay | 4,490 | - |
| June 9, 2026 | Falotico Nancy JoyDirector | Received as pay | 4,490 | - |
| June 9, 2026 | Turner Michael JohnDirector | Received as pay | 4,490 | - |
| April 24, 2026 | Fleming Abigail SChief Accounting Officer | Shares withheld for tax | 205 | $7.3K |
Who owns LINE
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Norges Bank13G, passive | 6.1% | July 22, 2025 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 326 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Norges Bank | 13,917,122 | new |
| Vanguard Portfolio Management LLC | 5,734,672 | +34,595 |
| BlackRock, Inc. | 5,260,370 | +339,811 |
| D1 Capital Partners L.P. | 4,736,312 | -2,665,917 |
| Aqr Capital Management LLC | 4,673,227 | +1,980,993 |
| Bank of America Corp | 3,607,975 | -2,148 |
| Vanguard Capital Management LLC | 2,956,421 | +63,887 |
| HighTower Advisors, LLC | 2,286,166 | +130,895 |
| Baillie Gifford & Co | 2,274,996 | -280,127 |
| State Street Corp | 1,899,057 | -70,612 |
| Darlington Partners Capital Management, LP | 1,533,843 | -1,235,820 |
| Geode Capital Management, LLC | 1,399,961 | -98,890 |
| UBS Group AG | 1,197,943 | -211,094 |
| Charles Schwab Investment Management Inc | 1,110,367 | +72,058 |
| Fuller & Thaler Asset Management, Inc. | 1,080,091 | -38,775 |
| Bank of New York Mellon Corp | 1,032,098 | +97,765 |
| Canada Pension Plan Investment Board | 954,248 | 0 |
| Morgan Stanley | 947,862 | +260 |
| Dimensional Fund Advisors LP | 928,659 | +51,758 |
| Goldman Sachs Group Inc | 920,405 | +747,306 |
Insiders
18 insiders reported holding 155,950,638 shares in total, about $5.44B at the last price.
| Holder | Shares |
|---|---|
| BG Lineage Holdings, LLCDirector, 10% owner | 155,275,349 |
| Marchetti Kevin PatrickCo-Executive Chairman, Director, 10% owner | 138,690 |
| Lehmkuhl GregPresident & CEO, Director | 127,623 |
| LeMasters Robb A.Chief Financial Officer | 109,50049,500 held indirectly |
| Forste Adam Matthew SchwartzCo-Executive Chairman, Director, 10% owner | 109,266 |
| Bryan Gregory A.See Remarks. | 28,162 |
| McGowan Brian JeffreySee Remarks | 23,723 |
| Smith Timothy ConradChief Commercial Officer | 23,234 |
| Falotico Nancy JoyDirector | 18,517 |
| Fleming Abigail SChief Accounting Officer | 18,277 |
Questions about LINE
What does Lineage, Inc. do?
Lineage, Inc. is a company in the Real estate sector, listed on NASDAQ as LINE. Its shares trade on NASDAQ under the ticker LINE.
What is Lineage, Inc.'s net worth?
Lineage, Inc. has a market value (market cap) of $7.9B at the latest share price, and shareholders' equity of $7.7B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Lineage, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $223M on revenue of $5.4B.
How much revenue does Lineage, Inc. make?
Over the twelve months to September 30, 2026 Lineage, Inc. reported revenue of $5.4B. That is 0.1% less than a year earlier.
When did Lineage, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is Lineage, Inc.'s next earnings report?
Lineage, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Lineage, Inc. pay a dividend?
Yes. Lineage, Inc. declared dividends of $2.11 per share in fiscal 2025, a yield of 6.05% at the current price.
Similar companies
Compare LINE with
Follow LINE
Get an email when Lineage, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Lineage, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.