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How Americold Realty Trust (COLD) makes money

Americold Realty Trust (COLD) made $692M of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Warehouse services brought in $361M (52%); Warehouse rent and storage brought in $240M (35%); Transportation brought in $62.2M (9%). Of every dollar of revenue, 107¢ was left as operating profit, 99¢ was left as net earnings.

Drawing the Sankey…

Americold Realty Trust revenue by segment, Q3 2026Americold Realty Trust revenue by segment, Q3 2026Warehouse services$361MWarehouse rent and storage$240MTransportation$62.2MOther revenues$15.6MJoint Venture Related Management …$13.1M
Americold Realty Trust revenue by quarterAmericold Realty Trust revenue by quarter$663MQ2 2026$692MQ3 2026
Americold Realty Trust: where each dollar of revenue goesAmericold Realty Trust: where each dollar of revenue goesOperating profit107¢Income tax1¢Net earnings99¢Operating cash flow12¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Warehouse services$361M52.2%—+2%
Warehouse rent and storage$240M34.7%—-3%
Transportation$62.2M9.0%—+30%
Other revenues$15.6M2.3%—+6%
Joint Venture Related Management Fee and Reimbursed Costs$13.1M1.9%——

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$692M100.0%
Operating profit$743M107.4%
Income tax$6.5M0.9%
Net earnings$683M98.8%
Operating cash flow$84.3M12.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$692M+4%
Q2 2026$663M+2%

From Americold Realty Trust's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Americold Realty Trust make money?

Americold Realty Trust (COLD) made $692M of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Warehouse services brought in $361M (52%); Warehouse rent and storage brought in $240M (35%); Transportation brought in $62.2M (9%). Of every dollar of revenue, 107¢ was left as operating profit, 99¢ was left as net earnings.

What is Americold Realty Trust's biggest business?

Warehouse services: $361M in the third quarter 2026, 52% of revenue, +2% from a year earlier.

What is Americold Realty Trust's profit margin?

Net earnings were $683M, 98.8% of revenue, in the third quarter 2026; the operating margin was 107.4%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.