NYSE$COLD

Americold Realty Trust · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Americold Realty Trust reported Q2 2025 results with a modest revenue decline and a return to net income.

Total revenues for the three months ended June 30, 2025 were $650.7 million, down 1.5% from the prior year. The company achieved net income of $1.6 million compared to a net loss of $64.4 million in Q2 2024, driven by gains on real estate sales and lower one-time charges. Operating income declined to $37.6 million amid higher interest expense and integration costs.

  • Warehouse segment revenues of $594.1 million represented 91% of total revenue and contributed $201.0 million in segment NOI.
  • Net income attributable to common stockholders was $1.5 million ($0.01 per share) versus a $64.1 million loss in the prior-year quarter.
  • The company completed the Houston warehouse acquisition and sold its interest in the SuperFrio joint venture during the quarter.
  • Operating cash flow remained positive at $150.5 million for the first half of 2025 despite elevated Project Orion and closed-site costs.

Headline financials

Total Revenue

$651M

Previous: $661M-1.5%
EPS (adj)

$0.01

Previous: -$0.23+104.3%
Capital Expenditures

-$290M

Previous: -$109M-166.0%
Net Income

$1.54M

Previous: -$64.1M+102.4%
Operating Income

$37.6M

Previous: $63.4M-40.7%

Revenue & EPS history

Americold · Revenue · Quarterly

$651M

Q2 2025-1.5%vs Q2 2024
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Americold · $651M total across 3 segments · Q2 2025

  • Warehouse
    $594M
  • Transportation
    $48.1M
  • Third-party managed
    $8.58M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.1%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+1.7%

Avg return

30 days after

49%

18 / 37 earnings

Positive

+16.9%

Q1 2020

Best reaction

-9.9%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+15.1%+16.5%+15.7%
Q4 2025+15.7%+9.0%-6.3%
Q3 2025-7.3%-11.1%-15.8%
Q1 2025-5.6%-3.9%-6.5%
Q4 2024+6.2%+5.5%+1.3%
Q3 2024-9.9%-10.1%-8.4%
Q2 2024+0.4%-0.8%+0.6%
Q1 2024+5.6%+5.3%+16.4%
Q4 2023-7.7%-10.6%-11.1%
Q3 2023+0.0%-5.4%+7.1%
Q2 2023-1.4%-2.0%+2.6%
Q1 2023+6.1%+5.3%+3.3%
Q4 2022+3.8%+1.0%-8.8%
Q3 2022+14.4%+20.1%+24.0%
Q2 2022-4.0%-2.1%-10.4%
Q1 2022-1.9%-6.9%+8.2%
Q4 2021-0.3%+1.9%+1.4%
Q3 2021-0.6%-2.2%+7.6%
Q2 2021-3.1%-6.0%-1.9%
Q1 2021-0.6%-1.6%+0.2%
Q4 2020+3.2%+5.0%+4.8%
Q3 2020+1.1%-6.5%-7.6%
Q2 2020-3.5%-5.6%-7.4%
Q1 2020+16.9%+10.6%+19.2%
Q4 2019-5.2%-9.5%-18.1%
Q3 2019-7.1%-7.5%-2.5%
Q2 2019+4.4%+4.6%+8.7%
Q1 2019-4.7%-4.6%-2.1%
Q4 2016-1.8%+0.7%+7.6%
Q4 2018+3.0%-0.4%+5.8%
Q2 2017+1.3%+1.7%+4.4%
Q1 2017+1.3%+1.7%+4.4%
Q3 2017+1.3%+1.7%+4.4%
Q3 2018+5.7%+4.1%+11.7%
Q2 2018+0.6%+3.9%+9.6%
Q4 2017-0.0%+2.0%+1.2%
Q1 2018-0.0%+2.0%+1.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro