Filing Flows › Americold Realty Trust (COLD) › Q2 2026
Americold Realty Trust (COLD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Americold Realty Trust (COLD) reported revenue of $663M for the second quarter 2026 (Q2 2026), +2% from a year earlier and +5% from the quarter before. Operating margin was -43.4%, net loss $346M (52.3% of revenue).
Americold Realty Trust, Q2 2026: revenue $663M (+2% year over year), operating margin -43.4%, net loss $346M, operating cash flow $100M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $663M | +5% | +2% |
| Operating profit | −$288M | — | — |
| Net earnings | −$346M | — | — |
| Operating cash flow | $100M | +151% | -17% |
What changed
Revenue was $662.9M in Q2 2026, up 2% year over year and up 5% from the previous quarter. Warehouse services was the largest line at 53% of revenue. Transportation added $11.2M year over year (up 23%), 92% of the total change. Warehouse rent and storage declined 1%.
Operating costs exceeded revenue by $287.8M, an operating margin of -43.4%. Total costs grew 55% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+308%). The quarter ended with a net loss of $346.5M, wider than the previous quarter's $13.7M loss. Minority interests bore $3.6M of it: to shareholders the quarter was a loss of $342.8M.
Operating cash flow was $100.1M (down 17% year over year). Non-cash charges added back $102.9M of depreciation and amortization and $5.6M of share-based compensation. Working capital and other items added $338.1M. Capital expenditures of $140.4M exceeded it, leaving free cash flow of −$40.3M.
Questions
What was Americold Realty Trust's revenue in the second quarter 2026?
Americold Realty Trust (COLD) reported revenue of $663M for the second quarter 2026 (Q2 2026), +2% from a year earlier and +5% from the quarter before.
Was Americold Realty Trust profitable in the second quarter 2026?
Operating loss was $288M (-43.4% of revenue) and net loss $346M.