Americold Realty Trust (COLD) Operating Expenses (2017 - 2026)
Americold Realty Trust (COLD) posted quarterly 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 reported Operating Expenses for 10 consecutive years, with $615.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 1.45% year-over-year to $615.6 million; the TTM figure through Mar 2026 stood at $2.6 billion (up 3.06% YoY), while the FY2025 annual figure was $2.6 billion, up 2.05% from the prior year.
- Operating Expenses slipped to $615.6 million in Q1 2026 per COLD's latest filing, from $727.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $873.6 million in Q4 2023 and bottomed at $597.6 million in Q2 2024.
- Historically, Operating Expenses has averaged $668.3 million across 5 years, with a median of $646.9 million in 2025.
- Annual changes were most pronounced in 2023 — Operating Expenses climbed 26.89% — and 2024, when it fell 22.75%.
- Americold Realty Trust's Operating Expenses stood at $688.5 million in 2022, then climbed by 26.89% to $873.6 million in 2023, then declined by 22.75% to $674.8 million in 2024, then climbed by 7.84% to $727.8 million in 2025, then retreated 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 | 131.25 Bn | 131.25 Bn | 2.41 Bn | 1.47 Bn |
| 2 | Public Storage | 56.53 Bn | 56.27 Bn | 1.20 Bn | 766.20 Mn |
| 3 | Extra Space Storage | 30.88 Bn | 30.88 Bn | 642.43 Mn | 481.97 Mn |
| 4 | Eastgroup Properties | 10.74 Bn | 10.74 Bn | 193.10 Mn | 114.53 Mn |
| 5 | Lineage | 9.55 Bn | 9.49 Bn | 425.00 Mn | 1.31 Bn |
| 6 | CubeSmart | 9.28 Bn | 9.28 Bn | 190.47 Mn | 169.10 Mn |
| 7 | Rexford Industrial Realty | 8.32 Bn | 8.32 Bn | - | 143.39 Mn |
| 8 | Terreno Realty | 7.22 Bn | 7.22 Bn | - | 72.62 Mn |
| 9 | STAG Industrial | 7.01 Bn | 7.01 Bn | - | 141.27 Mn |
| 10 | Americold Realty Trust | 4.38 Bn | 4.34 Bn | 212.69 Mn | 950.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 950.72 Mn |
| 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 |