Lineage, Inc. (LINE)
NASDAQ:LINE
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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.2Last Year’s EPS
-0.03Same Quarter Last Year
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed cautious optimism: operational results in Q1 beat expectations (EBITDA +3.3%, revenue flat, stabilized occupancy trends, pricing progress and strong international performance) and management reinforced a disciplined plan for cost savings, development ramp and technological productivity gains. However, meaningful near-term challenges remain, including AFFO per share decline due to hedge expirations, weakened throughput and container volumes (-17% YoY), pockets of excess capacity in late-supply U.S. markets, and leverage that is above target. Management reiterated full-year guidance while expressing increased conviction in achieving the midpoint, signaling stability but continued caution.Company Guidance
Adjusted EBITDA Growth
Adjusted EBITDA increased 3.3% year-over-year to $314 million in Q1 2026, beating expectations and reflecting operational resilience.
Revenue Stability
Total revenue was essentially flat year-over-year in Q1 2026, indicating stabilization amid industry headwinds.
AFFO and Comparable Adjustments
Total AFFO was $201 million ($0.78 per share). The reported AFFO per share declined 9.3% YoY to $0.78, largely driven by expiration of prior-year interest rate hedges; excluding that hedging impact AFFO per share was essentially flat.
Pricing Momentum
Same-store rent, storage and blast revenue per physical pallet increased 2.2% year-over-year (fourth consecutive quarter of YoY increases). Management has secured ~70% of target rate increases and expects net price increases of 1%–2% for 2026.
Occupancy and Economic Occupancy
Same-store physical occupancy ended Q1 at 76.4% (sequential decline of 290 bps but only ~30 bps YoY), with economic occupancy at 82%, suggesting better-than-expected stabilization of core operations.
Growth Capital and Development Pipeline
Invested $130 million in growth capital during the quarter; 22 facilities under construction/ramping; $1.2 billion already invested in these projects with expected incremental EBITDA of over $150 million when stabilized.
Technology and OpEx Savings Target
LinOS implementation at 11 conventional facilities (targeting rollout to at least 20 facilities in 2026) and reiterated 3–5 year OpEx savings target of $110 million tied to automation/AI and operational improvements.
Segment Performance — Global Warehousing & GIS
Global Warehousing total warehouse NOI rose 1.1% YoY to $364 million and same-store NOI was down only 0.9% YoY to $347 million (ahead of expectations). Global Integrated Solutions NOI was flat at $57 million while GIS NOI margin expanded 190 bps to 18.3% after divestitures of lower-margin businesses.
Balance Sheet Liquidity & Manageable Near-Term Maturities
Ended the quarter with $7.9 billion of total net debt and $1.6 billion of total liquidity; approximately $600 million of debt maturing in 2026 which management characterizes as manageable given capital market access.
Cost Rationalization Plan
Announced targeted administrative and indirect cost reductions of $50 million+ with roughly half expected to be realized in 2026 and full benefit in 2027 (one-time upfront investment of ~$15 million).
LINE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LINE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $36.50 | $37.81 | +3.59% |
Feb 25, 2026 | $37.42 | $39.77 | +6.28% |
Nov 05, 2025 | $36.55 | $36.69 | +0.40% |
Aug 06, 2025 | $42.47 | $42.70 | +0.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lineage, Inc. (LINE) report earnings?
Lineage, Inc. (LINE) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is Lineage, Inc. (LINE) earnings time?
Lineage, Inc. (LINE) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LINE EPS forecast?
LINE EPS forecast for the fiscal quarter 2026 (Q2) is -0.2.