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Side-by-side financial comparison of Lineage, Inc. (LINE) and Workday, Inc. (WDAY). Click either name above to swap in a different company.
Workday, Inc. is the larger business by last-quarter revenue ($2.4B vs $1.4B, roughly 1.8× Lineage, Inc.). Workday, Inc. runs the higher net margin — 10.4% vs -7.3%, a 17.6% gap on every dollar of revenue. On growth, Workday, Inc. posted the faster year-over-year revenue change (12.6% vs 3.1%). Workday, Inc. produced more free cash flow last quarter ($550.0M vs $35.0M).
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.
Workday, Inc. is a leading global enterprise cloud software provider that develops and distributes human capital management, financial management, and enterprise resource planning solutions. It caters primarily to mid-sized and large organizations across sectors including education, healthcare, finance, and technology, with operations spanning North America, Europe, and Asia Pacific.
LINE vs WDAY — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.4B |
| Net Profit | $-100.0M | $252.0M |
| Gross Margin | 32.3% | — |
| Operating Margin | 2.5% | 10.6% |
| Net Margin | -7.3% | 10.4% |
| Revenue YoY | 3.1% | 12.6% |
| Net Profit YoY | 79.4% | 30.6% |
| EPS (diluted) | $-0.44 | $0.94 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $2.4B | ||
| Q3 25 | $1.4B | $2.3B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $1.3B | $2.2B | ||
| Q4 24 | $1.3B | $2.2B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $1.3B | $2.0B | ||
| Q1 24 | $1.3B | $1.9B |
| Q4 25 | — | $252.0M | ||
| Q3 25 | $-100.0M | $228.0M | ||
| Q2 25 | $-6.0M | $68.0M | ||
| Q1 25 | $0 | $94.0M | ||
| Q4 24 | $-71.0M | $193.0M | ||
| Q3 24 | $-485.0M | $132.0M | ||
| Q2 24 | $-68.0M | $107.0M | ||
| Q1 24 | $-40.0M | $1.2B |
| Q4 25 | — | — | ||
| Q3 25 | 32.3% | — | ||
| Q2 25 | 31.9% | — | ||
| Q1 25 | 32.2% | — | ||
| Q4 24 | 32.3% | — | ||
| Q3 24 | 32.8% | — | ||
| Q2 24 | 33.4% | — | ||
| Q1 24 | 33.4% | — |
| Q4 25 | — | 10.6% | ||
| Q3 25 | 2.5% | 10.6% | ||
| Q2 25 | 1.7% | 1.7% | ||
| Q1 25 | 4.3% | 3.4% | ||
| Q4 24 | -1.6% | 7.6% | ||
| Q3 24 | -38.6% | 5.3% | ||
| Q2 24 | 5.5% | 3.2% | ||
| Q1 24 | 7.6% | 4.1% |
| Q4 25 | — | 10.4% | ||
| Q3 25 | -7.3% | 9.7% | ||
| Q2 25 | -0.4% | 3.0% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | -5.3% | 8.9% | ||
| Q3 24 | -36.3% | 6.3% | ||
| Q2 24 | -5.1% | 5.4% | ||
| Q1 24 | -3.0% | 61.8% |
| Q4 25 | — | $0.94 | ||
| Q3 25 | $-0.44 | $0.84 | ||
| Q2 25 | $-0.03 | $0.25 | ||
| Q1 25 | $0.01 | $0.34 | ||
| Q4 24 | $-0.52 | $0.72 | ||
| Q3 24 | $-2.44 | $0.49 | ||
| Q2 24 | $-0.46 | $0.40 | ||
| Q1 24 | $-0.28 | $4.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $6.8B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.4B | $8.9B |
| Total Assets | $19.2B | $17.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $6.8B | ||
| Q3 25 | — | $8.2B | ||
| Q2 25 | — | $8.0B | ||
| Q1 25 | — | $8.0B | ||
| Q4 24 | $173.0M | $7.2B | ||
| Q3 24 | $409.0M | $7.4B | ||
| Q2 24 | $73.0M | $7.2B | ||
| Q1 24 | — | $7.8B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $3.0B |
| Q4 25 | — | $8.9B | ||
| Q3 25 | $8.4B | $9.2B | ||
| Q2 25 | $8.6B | $8.9B | ||
| Q1 25 | $8.6B | $9.0B | ||
| Q4 24 | $8.6B | $8.6B | ||
| Q3 24 | $9.0B | $8.3B | ||
| Q2 24 | $4.9B | $8.2B | ||
| Q1 24 | $5.6B | $8.1B |
| Q4 25 | — | $17.8B | ||
| Q3 25 | $19.2B | $18.0B | ||
| Q2 25 | $19.4B | $17.2B | ||
| Q1 25 | $18.8B | $18.0B | ||
| Q4 24 | $18.7B | $16.4B | ||
| Q3 24 | $19.3B | $16.2B | ||
| Q2 24 | $18.8B | $15.9B | ||
| Q1 24 | — | $16.5B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 0.37× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $230.0M | $588.0M |
| Free Cash FlowOCF − Capex | $35.0M | $550.0M |
| FCF MarginFCF / Revenue | 2.5% | 22.6% |
| Capex IntensityCapex / Revenue | 14.2% | 1.6% |
| Cash ConversionOCF / Net Profit | — | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $588.0M | ||
| Q3 25 | $230.0M | $616.0M | ||
| Q2 25 | $258.0M | $457.0M | ||
| Q1 25 | $139.0M | $1.1B | ||
| Q4 24 | — | $406.0M | ||
| Q3 24 | $186.0M | $571.0M | ||
| Q2 24 | $155.0M | $372.0M | ||
| Q1 24 | $105.0M | $995.6M |
| Q4 25 | — | $550.0M | ||
| Q3 25 | $35.0M | $588.0M | ||
| Q2 25 | $95.0M | $421.0M | ||
| Q1 25 | $-12.0M | $1.0B | ||
| Q4 24 | — | $359.0M | ||
| Q3 24 | $33.0M | $516.0M | ||
| Q2 24 | $-31.0M | $291.0M | ||
| Q1 24 | $-42.0M | $947.6M |
| Q4 25 | — | 22.6% | ||
| Q3 25 | 2.5% | 25.0% | ||
| Q2 25 | 7.0% | 18.8% | ||
| Q1 25 | -0.9% | 46.4% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | 2.5% | 24.7% | ||
| Q2 24 | -2.3% | 14.6% | ||
| Q1 24 | -3.2% | 49.3% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | 14.2% | 1.2% | ||
| Q2 25 | 12.1% | 1.6% | ||
| Q1 25 | 11.7% | 3.9% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | 11.5% | 2.6% | ||
| Q2 24 | 13.9% | 4.1% | ||
| Q1 24 | 11.1% | 2.5% |
| Q4 25 | — | 2.33× | ||
| Q3 25 | — | 2.70× | ||
| Q2 25 | — | 6.72× | ||
| Q1 25 | — | 11.83× | ||
| Q4 24 | — | 2.10× | ||
| Q3 24 | — | 4.33× | ||
| Q2 24 | — | 3.48× | ||
| Q1 24 | — | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
