Americold Realty Trust (COLD) Operating Expenses (2017 - 2026)
Americold Realty Trust (COLD) reported Operating Expenses of $615.6 million for Q1 2026, up 1.45% year-over-year from $606.8 million in Q1 2025, and down 15.42% quarter-over-quarter from $727.8 million in Q4 2025.
Americold Realty Trust (COLD) Operating Expenses (2017 - 2026) Analysis & Trends
Americold Realty Trust (COLD) has 10 years of Operating Expenses data on file, last reported at $615.6 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $615.6 million, up 1.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.6 billion (up 3.06% YoY), and the FY2025 annual result was $2.6 billion, up 2.05% from the prior year.
- Operating Expenses declined to $615.6 million in Q1 2026 per COLD's latest filing, from $727.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $873.6 million in Q4 2023 and troughed at $597.6 million in Q2 2024.
- A 5-year average of $668.3 million and a median of $646.9 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses climbed 26.89% in 2023, then fell 22.75% in 2024.
- A 5-year view of Operating Expenses shows it stood at $688.5 million in 2022, then advanced by 26.89% to $873.6 million in 2023, then dropped by 22.75% to $674.8 million in 2024, then advanced by 7.84% to $727.8 million in 2025, then fell by 15.42% to $615.6 million in 2026.
- Business Quant data shows COLD's Operating Expenses at $615.6 million in Q1 2026, $727.8 million in Q4 2025, and $646.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | -3.97 Bn |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 743.46 Mn |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 488.47 Mn |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 113.86 Mn |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | 1.26 Bn |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 168.70 Mn |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | 144.62 Mn |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 140.20 Mn |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 73.75 Mn |
| 10 | Americold Realty Trust | 4.14 Bn | 4.14 Bn | 195.51 Mn | 615.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 615.58 Mn |
| Dec 31, 2025 | 727.78 Mn |
| Sep 30, 2025 | 646.91 Mn |
| Jun 30, 2025 | 613.15 Mn |
| Mar 31, 2025 | 606.76 Mn |
| Dec 31, 2024 | 674.85 Mn |
| Sep 30, 2024 | 646.95 Mn |
| Jun 30, 2024 | 597.59 Mn |
| Mar 31, 2024 | 623.15 Mn |
| Dec 31, 2023 | 873.61 Mn |
| Sep 30, 2023 | 634.94 Mn |
| Jun 30, 2023 | 628.94 Mn |
| Mar 31, 2023 | 644.14 Mn |
| Dec 31, 2022 | 688.46 Mn |
| Sep 30, 2022 | 734.61 Mn |
| Jun 30, 2022 | 706.09 Mn |
| Mar 31, 2022 | 697.70 Mn |
| Dec 31, 2021 | 712.26 Mn |
| Sep 30, 2021 | 677.25 Mn |
| Jun 30, 2021 | 631.77 Mn |