---
schema_version: "secwatch.filing_event.v1"
accession: "0001868159-25-000093"
form_type: "8-K"
ticker: "LINE"
cik: "0001868159"
company_name: "Lineage, Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:58:13.604208+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lineage reports Q2 net loss of $7M; cuts FY2025 EBITDA and AFFO guidance

## Summary
- Total revenue $1,350M (+0.9% YoY); GAAP net loss $(7)M ($(0.03) diluted EPS).
- Adjusted EBITDA $326M (-2.4% YoY); AFFO $211M (+55.1% YoY), AFFO per share $0.81 (+8.0%).
- FY2025 adj. EBITDA guidance lowered to $1.29-$1.34B from $1.35-$1.40B; AFFO per share to $3.20-$3.40 from $3.40-$3.60.
- Completed $500M 5.25% unsecured notes offering; declared quarterly dividend $0.5275/share ($2.11 annualized).
- CEO cites muted seasonal inventory; expects sequential improvement in H2 but reduced full-year outlook.

## SEC filing metadata
- accession: 0001868159-25-000093
- form_type: 8-K
- ticker: LINE
- cik: 0001868159
- company_name: Lineage, Inc.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868159/000186815925000093/0001868159-25-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868159/000186815925000093/line-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001868159-25-000093
- JSON: https://secwatch.observer/filing/0001868159-25-000093.json
- Plain text: https://secwatch.observer/filing/0001868159-25-000093.txt

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