Lineage, Inc.LINEEarnings & Financial Report
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
Revenue
$1.3B
Gross Profit
$438.0M
Operating Profit
$-515.0M
Net Profit
$-485.0M
Gross Margin
32.8%
Operating Margin
-38.6%
Net Margin
-36.3%
YoY Growth
0.5%
EPS
$-2.44
Lineage, Inc. Q3 FY2024 Financial Summary
Lineage, Inc. reported revenue of $1.3B (up 0.5% YoY) for Q3 FY2024, with a net profit of $-485.0M (down 1143.6% YoY) (-36.3% margin). Cost of goods sold was $897.0M, operating expenses totaled $953.0M.
Key Financial Metrics
| Total Revenue | $1.3B |
|---|---|
| Net Profit | $-485.0M |
| Gross Margin | 32.8% |
| Operating Margin | -38.6% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Lineage, Inc. Q3 FY2024 revenue of $1.3B breaks down across 9 segments, led by Warehousing Operations at $864.0M (64.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Warehousing Operations | $864.0M | 64.7% |
| Cargo And Freight | $194.0M | 14.5% |
| Warehouse Lease | $66.0M | 4.9% |
| Food Sales | $55.0M | 4.1% |
| Redistribution | $51.0M | 3.8% |
| E Commerce And Other | $44.0M | 3.3% |
| Management Service | $37.0M | 2.8% |
| Railcar Lease | $19.0M | 1.4% |
| Service Other | $5.0M | 0.4% |
Lineage, Inc. Revenue by Segment — Quarterly Trend
Lineage, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Warehousing Operations and Cargo And Freight) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Warehousing Operations | — | $883.0M | $855.0M | $843.0M |
| Cargo And Freight | — | — | $198.0M | — |
| Warehouse Lease | — | $60.0M | $83.0M | — |
| Food Sales | — | $52.0M | $61.0M | $44.0M |
| Redistribution | — | — | $59.0M | $54.0M |
Lineage, Inc. Annual Revenue by Year
Lineage, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $5.3B).
| Year | Annual Revenue |
|---|---|
| 2024 | $5.3B |
Lineage, Inc. Quarterly Revenue & Net Profit History
Lineage, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.3B | +0.4% | $-51.0M | -3.9% |
| Q3 FY2025 | $1.4B | +3.1% | $-100.0M | -7.3% |
| Q2 FY2025 | $1.4B | +0.9% | $-6.0M | -0.4% |
| Q1 FY2025 | $1.3B | -2.7% | $0 | N/A |
| Q4 FY2024 | $1.3B | — | $-71.0M | -5.3% |
| Q3 FY2024 | $1.3B | +0.5% | $-485.0M | -36.3% |
| Q2 FY2024 | $1.3B | -0.6% | $-68.0M | -5.1% |
| Q1 FY2024 | $1.3B | — | $-40.0M | -3.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.33B | $1.34B | $1.33B | $1.34B | $1.29B | $1.35B | $1.38B | $1.30B |
| YoY Growth | N/A | -0.6% | 0.5% | N/A | -2.7% | 0.9% | 3.1% | 0.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | N/A | $18.76B | $19.26B | $18.66B | $18.77B | $19.44B | $19.20B | $19.05B |
| Liabilities | N/A | $13.00B | $9.13B | $8.97B | $9.12B | $9.78B | $9.81B | $9.99B |
| Equity | $5.61B | $4.88B | $9.03B | $8.64B | $8.59B | $8.64B | $8.38B | $8.09B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $105.0M | $155.0M | $186.0M | $139.0M | $258.0M | $230.0M | $130.0M |