Lineage, Inc. — Third Quarter 2026 Earnings Summary

Lineage, Inc. reported a GAAP net loss of $173 million for the third quarter of 2026, with total revenue decreasing 1.2% to $1.361 billion. Adjusted EBITDA fell 7.0% to $317 million, while Adjusted Funds From Operations (AFFO) declined 14.9% to $188 million. The company cited temporary headwinds from higher oil prices, constrained trucking capacity, and tariff uncertainty, particularly affecting its Global Integrated Solutions business. Consequently, Lineage updated its full-year 2026 guidance to expect adjusted EBITDA between $1.25 billion and $1.27 billion and AFFO per share between $2.86 and $2.98.