Lineage Inc 2026年季度报告

Washington, D.C. 20549 FORM 10-Q (Mark One) Lineage, Inc. (Exact name of registrant as specified in its charter)___________________________________ Registrant’s telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). YesNo As of April30, 2026, the registrant had outstanding 227,674,365 shares of common stock. Table of Contents PageForward-Looking Statements2Part I - Financial Information4Item 1. Financial Statements4Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations35Item 3. Quantitative and Qualitative Disclosures About Market Risk58Item 4. Controls and Procedures58Part II - Other Information60Item 1. Legal Proceedings60Item 1A. Risk Factors60Item 2. Unregistered Sales of Equity Securities and Use of Proceeds60Item 3. Defaults Upon Senior Securities60Item 4. Mine Safety Disclosures60Item 5. Other Information60Item 6. Exhibits61Signatures62 Forward-Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Inparticular, statements pertaining to our business and growth strategies, investment and development activities and trends in our business, containforward-looking statements. When used in this Quarterly Report on Form 10-Q, the words “estimate,” “anticipate,” “expect,” “believe,” “intend,”“may,” “will,” “could,” “should,” “would,” “seek,” “position,” “support,” “drive,” “enable,” “optimistic,” “target,” “opportunity,” “approximately” or“plan,” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do notrelate solely to historical matters are intended to identify forward-looking statements. You can also identify forward-looking statements by discussionsof strategy, plans, or intentions of management. Forward-looking statements involve numerous risks and uncertainties, and you should not rely on them as predictions of future events. Forward-lookingstatements depend on assumptions, data, or methods that may be incorrect or imprecise, and we may not be able to realize them. We do not guaranteethat the transactions and events described will happen as described (or that they will happen at all). The following factors, among others, could causeactual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: •general business and economic conditions;•continued volatility and uncertainty in the credit markets and broader financial markets, including potential fluctuations in the Consumer PriceIndex and changes in foreign currency exchange rates;•the impact of tariffs and global trade disruptions on us and our customers;•other risks inherent in the real estate business, including customer defaults, potential liability related to environmental matters, illiquidity of realestate investments and potential damages from natural disasters;•the availability of suitable acquisitions and our ability to acquire properties or businesses on favorable terms;•our success in implementing our business strategy and our ability to identify, underwrite, finance, consummate, integrate and managediversifying acquisitions or investments;•our ability to meet budgeted or stabilized returns on our development and expansion projects within expected time frames, or at all;•our ability to manage our expanded operations, including expansion into new markets or business lines;•our failure to realize the intended benefits from, or disruptions to our plans a