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Side-by-side financial comparison of Lineage, Inc. (LINE) and Zscaler, Inc. (ZS). Click either name above to swap in a different company.
Lineage, Inc. is the larger business by last-quarter revenue ($1.4B vs $788.1M, roughly 1.7× Zscaler, Inc.). Zscaler, Inc. runs the higher net margin — -1.5% vs -7.3%, a 5.8% gap on every dollar of revenue. On growth, Zscaler, Inc. posted the faster year-over-year revenue change (25.5% vs 3.1%). Zscaler, Inc. produced more free cash flow last quarter ($431.0M 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.
Zscaler, Inc. is an American cloud security company based in San Jose, California. The company offers cloud-based services to protect enterprise networks and data.
LINE vs ZS — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $788.1M |
| Net Profit | $-100.0M | $-11.6M |
| Gross Margin | 32.3% | 76.6% |
| Operating Margin | 2.5% | -4.6% |
| Net Margin | -7.3% | -1.5% |
| Revenue YoY | 3.1% | 25.5% |
| Net Profit YoY | 79.4% | 3.6% |
| EPS (diluted) | $-0.44 | $-0.07 |
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 | — | $788.1M | ||
| Q3 25 | $1.4B | $719.2M | ||
| Q2 25 | $1.4B | $678.0M | ||
| Q1 25 | $1.3B | $647.9M | ||
| Q4 24 | $1.3B | $628.0M | ||
| Q3 24 | $1.3B | $592.9M | ||
| Q2 24 | $1.3B | $553.2M | ||
| Q1 24 | $1.3B | $525.0M |
| Q4 25 | — | $-11.6M | ||
| Q3 25 | $-100.0M | $-17.6M | ||
| Q2 25 | $-6.0M | $-4.1M | ||
| Q1 25 | $0 | $-7.7M | ||
| Q4 24 | $-71.0M | $-12.1M | ||
| Q3 24 | $-485.0M | $-14.9M | ||
| Q2 24 | $-68.0M | $19.1M | ||
| Q1 24 | $-40.0M | $-28.5M |
| Q4 25 | — | 76.6% | ||
| Q3 25 | 32.3% | 76.1% | ||
| Q2 25 | 31.9% | 77.0% | ||
| Q1 25 | 32.2% | 77.1% | ||
| Q4 24 | 32.3% | 77.5% | ||
| Q3 24 | 32.8% | 78.0% | ||
| Q2 24 | 33.4% | 78.6% | ||
| Q1 24 | 33.4% | 77.7% |
| Q4 25 | — | -4.6% | ||
| Q3 25 | 2.5% | -4.5% | ||
| Q2 25 | 1.7% | -3.7% | ||
| Q1 25 | 4.3% | -6.2% | ||
| Q4 24 | -1.6% | -4.9% | ||
| Q3 24 | -38.6% | -4.5% | ||
| Q2 24 | 5.5% | -0.5% | ||
| Q1 24 | 7.6% | -8.7% |
| Q4 25 | — | -1.5% | ||
| Q3 25 | -7.3% | -2.4% | ||
| Q2 25 | -0.4% | -0.6% | ||
| Q1 25 | — | -1.2% | ||
| Q4 24 | -5.3% | -1.9% | ||
| Q3 24 | -36.3% | -2.5% | ||
| Q2 24 | -5.1% | 3.5% | ||
| Q1 24 | -3.0% | -5.4% |
| Q4 25 | — | $-0.07 | ||
| Q3 25 | $-0.44 | $-0.11 | ||
| Q2 25 | $-0.03 | $-0.03 | ||
| Q1 25 | $0.01 | $-0.05 | ||
| Q4 24 | $-0.52 | $-0.08 | ||
| Q3 24 | $-2.44 | $-0.09 | ||
| Q2 24 | $-0.46 | $0.12 | ||
| Q1 24 | $-0.28 | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.4B | $2.0B |
| Total Assets | $19.2B | $6.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | $173.0M | $1.6B | ||
| Q3 24 | $409.0M | $1.4B | ||
| Q2 24 | $73.0M | $1.3B | ||
| Q1 24 | — | $1.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
| Q4 25 | — | $2.0B | ||
| Q3 25 | $8.4B | $1.8B | ||
| Q2 25 | $8.6B | $1.8B | ||
| Q1 25 | $8.6B | $1.6B | ||
| Q4 24 | $8.6B | $1.4B | ||
| Q3 24 | $9.0B | $1.3B | ||
| Q2 24 | $4.9B | $1.1B | ||
| Q1 24 | $5.6B | $958.9M |
| Q4 25 | — | $6.5B | ||
| Q3 25 | $19.2B | $6.4B | ||
| Q2 25 | $19.4B | $5.3B | ||
| Q1 25 | $18.8B | $5.0B | ||
| Q4 24 | $18.7B | $4.7B | ||
| Q3 24 | $19.3B | $4.7B | ||
| Q2 24 | $18.8B | $4.2B | ||
| Q1 24 | — | $3.9B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | — | 1.04× | ||
| Q1 24 | — | 1.19× |
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 | $448.3M |
| Free Cash FlowOCF − Capex | $35.0M | $431.0M |
| FCF MarginFCF / Revenue | 2.5% | 54.7% |
| Capex IntensityCapex / Revenue | 14.2% | 2.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $924.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $448.3M | ||
| Q3 25 | $230.0M | $250.6M | ||
| Q2 25 | $258.0M | $211.1M | ||
| Q1 25 | $139.0M | $179.4M | ||
| Q4 24 | — | $331.3M | ||
| Q3 24 | $186.0M | $203.6M | ||
| Q2 24 | $155.0M | $173.4M | ||
| Q1 24 | $105.0M | $142.1M |
| Q4 25 | — | $431.0M | ||
| Q3 25 | $35.0M | $190.6M | ||
| Q2 25 | $95.0M | $138.9M | ||
| Q1 25 | $-12.0M | $164.4M | ||
| Q4 24 | — | $314.3M | ||
| Q3 24 | $33.0M | $154.2M | ||
| Q2 24 | $-31.0M | $137.8M | ||
| Q1 24 | $-42.0M | $111.2M |
| Q4 25 | — | 54.7% | ||
| Q3 25 | 2.5% | 26.5% | ||
| Q2 25 | 7.0% | 20.5% | ||
| Q1 25 | -0.9% | 25.4% | ||
| Q4 24 | — | 50.1% | ||
| Q3 24 | 2.5% | 26.0% | ||
| Q2 24 | -2.3% | 24.9% | ||
| Q1 24 | -3.2% | 21.2% |
| Q4 25 | — | 2.2% | ||
| Q3 25 | 14.2% | 8.3% | ||
| Q2 25 | 12.1% | 10.6% | ||
| Q1 25 | 11.7% | 2.3% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | 11.5% | 8.3% | ||
| Q2 24 | 13.9% | 6.4% | ||
| Q1 24 | 11.1% | 5.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 9.07× | ||
| Q1 24 | — | — |
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% |
ZS
Segment breakdown not available.
