---
schema_version: "secwatch.filing_event.v1"
accession: "0001868159-25-000009"
form_type: "8-K"
ticker: "LINE"
cik: "0001868159"
company_name: "Lineage, Inc."
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T03:56:00.866468+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lineage Q4 GAAP net loss $80M, adjusted EBITDA +9.8%; guides FY25 AFFO $3.40-3.60

## Summary
- Q4 revenue $1.3B (+0.4% YoY); GAAP net loss $80M ($0.33 loss per diluted share).
- Q4 adjusted EBITDA $335M (+9.8%); adjusted EBITDA margin 25.0% (+210 bps).
- Q4 AFFO $213M (+147.7%); AFFO per share $0.83 (+72.9%).
- FY25 guidance: adjusted EBITDA $1.35-1.40B; AFFO per share $3.40-3.60, excluding unannounced acquisitions.
- FY24 AFFO per share $3.29 (+6.5%); quarterly dividend declared $0.5275 ($2.11 annualized).

## SEC filing metadata
- accession: 0001868159-25-000009
- form_type: 8-K
- ticker: LINE
- cik: 0001868159
- company_name: Lineage, Inc.
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868159/000186815925000009/0001868159-25-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868159/000186815925000009/line-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001868159-25-000009
- JSON: https://secwatch.observer/filing/0001868159-25-000009.json
- Plain text: https://secwatch.observer/filing/0001868159-25-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.