Lineage, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $5.4B | $5.3B | $5.3B | $4.9B | — |
| Cost of revenue | $3.6B | $3.6B | $3.6B | $3.5B | — |
| Operating income | $181.0M | -$361.0M | $398.0M | $297.0M | — |
| Interest expense | $256.0M | $426.0M | $509.0M | $281.0M | — |
| Pretax income | -$115.0M | -$840.0M | -$110.0M | -$70.0M | — |
| Income tax expense | -$2.0M | -$89.0M | -$14.0M | $6.0M | — |
| Net income | -$100.0M | -$664.0M | -$77.0M | -$63.0M | — |
| Balance Sheet | |||||
| Cash and equivalents | — | $173.0M | $68.0M | — | — |
| Current assets | $1.2B | $1.3B | $1.3B | — | — |
| Total assets | $19.2B | $18.7B | $18.9B | — | — |
| Current liabilities | $1.5B | $1.5B | $1.4B | — | — |
| Total liabilities | $9.9B | $9.0B | $12.8B | — | — |
| Total debt | $6.1B | $5.0B | $9.0B | — | — |
| Stockholders' equity | $8.2B | $8.6B | $5.1B | $5.8B | $4.9B |
| Cash Flow Statement | |||||
| Cash from operations | $943.0M | $703.0M | $796.0M | $501.0M | — |
| Depreciation and amortization | $895.0M | $876.0M | $760.0M | $678.0M | — |
| Stock-based compensation | $126.0M | $215.0M | $26.0M | $17.0M | — |
| Capital expenditure | $747.0M | $691.0M | $766.0M | $813.0M | — |
| Free cash flow | $196.0M | $12.0M | $30.0M | -$312.0M | — |
| Dividends paid | $537.0M | $234.0M | $46.0M | $180.0M | — |
| Share repurchases | $82.0M | $42.0M | $12.0M | $0 | — |
| Impairments | $48.0M | $98.0M | $9.0M | $1.0M | — |
Shares outstanding 227.7M · Free float 99.9%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.