No, to me that's equally as bad. But 100k lines split across 500 well-named files is a lot easier to work with than 10+K line files or multi-repo code.
For instance, in C# a class can span multiple files using "partial" or you can have multiple classes in a single file. It's generally not an issue as long as the code itself is organized. The only downside is the reliance on an IDE, which is pretty standard these days anyway.