Filing Flows › Americold Realty Trust (COLD) › Q3 2026 › vs Q3 2025
Americold Realty Trust (COLD) Q3 2026 vs Q3 2025 (year over year)
Americold Realty Trust's revenue rose $27.9M (+4%) from $664M in Q3 2025 to $692M in Q3 2026. The biggest changes: Transportation +$14.4M (+30%); Joint Venture Related Management Fee and Reimbursed Costs +$13.1M (—); Warehouse rent and storage −$6.5M (-3%). Operating margin 107.4% against 2.5% (+104.9 pts).
Americold Realty Trust, Q3 2026: revenue $692M (+4% year over year), operating margin 107.4%, net earnings $683M, operating cash flow $84.3M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 107.4% | 2.5% | +104.9 pts |
| Net margin | 98.8% | -1.7% | +100.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Warehouse services | $361M | $355M | $6.0M | +2% |
| Warehouse rent and storage | $240M | $246M | −$6.5M | -3% |
| Transportation | $62.2M | $47.8M | $14.4M | +30% |
| Joint Venture Related Management Fee and Reimbursed Costs | $13.1M | $0 | $13.1M | — |
| Other revenues | $15.6M | $14.7M | $912K | +6% |
| Revenue | $692M | $664M | $27.9M | +4% |
| Operating profit | $743M | $16.8M | $726M | 44× |
| Pre-tax earnings | $697M | −$17.7M | $715M | — |
| Other expense, net | $45.6M | $34.4M | $11.2M | +32% |
| Net earnings | $683M | −$11.4M | $695M | — |
| Minority interests | $7.2M | −$83K | $7.3M | — |
| Income tax | $6.5M | −$6.2M | $12.8M | — |
| Operating cash sources | $795M | $86.7M | $708M | +817% |
| Depreciation & amortization | $106M | $88.0M | $17.6M | +20% |
| Share-based compensation | $5.8M | $10.1M | −$4.2M | -42% |
| Working capital & other | $711M | $7.8M | $703M | 91× |
| Operating cash flow | $84.3M | $78.9M | $5.4M | +7% |
| Capital expenditures | $96.1M | $144M | −$48.2M | -33% |
| Negative free cash flow (OCF − capex) | $11.8M | $65.4M | −$53.6M | -82% |
Questions
How much did Americold Realty Trust's revenue grow year over year in Q3 2026?
Americold Realty Trust's revenue rose $27.9M (+4%) from $664M in Q3 2025 to $692M in Q3 2026.
What drove Americold Realty Trust's revenue change in Q3 2026?
Transportation +$14.4M (+30%); Joint Venture Related Management Fee and Reimbursed Costs +$13.1M (—); Warehouse rent and storage −$6.5M (-3%).