Lineage, Inc.
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
LINE$39.66+1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net revenues | $5,355 | $5,340 | $5,342 |
| Cost of operations | 3,634 | 3,578 | 3,590 |
| General and administrative expense | 574 | 539 | 502 |
| Depreciation expense | 675 | 659 | 552 |
| Amortization expense | 220 | 217 | 208 |
| Acquisition, transaction, and other expense | 67 | 651 | 60 |
| Goodwill impairment | 48 | — | — |
| Restructuring, impairment, and (gain) loss on disposals | (44) | 57 | 32 |
| Total operating expense | 5,174 | 5,701 | 4,944 |
| Income from operations | 181 | (361) | 398 |
| Other income (expense): | |||
| Equity income (loss), net of tax | (3) | (6) | (3) |
| Gain (loss) on foreign currency transactions, net | 28 | (25) | 4 |
| Interest expense, net | (268) | (430) | (490) |
| Gain (loss) on extinguishment of debt | (3) | (17) | — |
| Other nonoperating income (expense), net | (50) | (1) | (19) |
| Total other income (expense), net | (296) | (479) | (508) |
| Net income (loss) before income taxes | (115) | (840) | (110) |
| Income tax expense (benefit) | (2) | (89) | (14) |
| Net income (loss) | (113) | (751) | (96) |
| Less: Net income (loss) attributable to noncontrolling interests | (13) | (87) | (19) |
| Net income (loss) attributable to Lineage, Inc. | (100) | (664) | (77) |
| Other comprehensive income (loss), net of tax: | |||
| Unrealized gain (loss) on interest rate hedges and foreign currency hedges | (61) | (60) | (87) |
| Foreign currency translation adjustments | 258 | (207) | 88 |
| Comprehensive income (loss) | 84 | (1,018) | (95) |
| Less: Comprehensive income (loss) attributable to noncontrolling interests | 8 | (115) | (21) |
| Comprehensive income (loss) attributable to Lineage, Inc. | $76 | $(903) | $(74) |
| Basic earnings (loss) per share | $(0.43) | $(3.70) | $(0.73) |
| Diluted earnings (loss) per share | $(0.43) | $(3.70) | $(0.73) |
| Weighted average common shares outstanding: | |||
| Basic | 228 | 191 | 162 |
| Diluted | 228 | 191 | 162 |
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