For the quarter ending 2026-03-31, COLD had -$97,690K decrease in cash & cash equivalents over the period. -$70,117K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -13,692 | -88,910 | -11,449 | 1,550 |
| Depreciation and amortization | 91,660 | 99,895 | 88,023 | 90,462 |
| Amortization of deferred financing costs and pension withdrawal liability | 1,532 | 1,467 | 1,479 | 1,523 |
| Project orion deferred costs amortization | 2,582 | 947 | 8,778 | 6,871 |
| Loss on debt extinguishment and termination of derivative instruments | - | 0 | 0 | 0 |
| Gain from sale of partially owned entity | - | 0 | 0 | -2,420 |
| Loss from investments in partially owned entities | -412 | -373 | -41 | -335 |
| Stock-based compensation expense | 8,432 | 4,335 | 10,050 | 7,585 |
| Deferred income tax (benefit) expense | -9,506 | -22,017 | -6,385 | 1,245 |
| Provision for doubtful accounts receivable | 972 | 1,446 | 2,322 | 1,205 |
| Impairment of indefinite and long-lived assets | - | 41,796 | 77 | 5,226 |
| Impairment of related party loan receivable | - | 0 | - | - |
| Loss on put option | - | 0 | - | - |
| Loss on classification of comfrio as held for sale | - | 0 | - | - |
| Non-cash operating lease expenses | 8,542 | 9,448 | 9,526 | 9,659 |
| Net gain from sale of real estate | 2,205 | -55,941 | -143 | 11,760 |
| Accounts receivable | 3,219 | 90 | 5,918 | -17,304 |
| Accounts payable and accrued expenses | -29,149 | 33,630 | -14,409 | 30,787 |
| Other assets | 2,995 | -3,077 | -1,699 | 25,568 |
| Operating lease liabilities | -8,564 | -9,285 | -9,101 | -9,998 |
| Proceeds from settlement of treasury lock hedge transactions | 0 | 0 | 0 | 0 |
| Other, net | 4,934 | 1,846 | -4,039 | 3,689 |
| Net cash provided by operating activities | 39,868 | 130,207 | 78,915 | 120,317 |
| Additions to property, buildings and equipment | 109,985 | 142,360 | 144,267 | 177,675 |
| Acquisitions of property, buildings, and equipment, net of cash acquired | 18,707 | 0 | - | - |
| Business combinations, net of cash acquired | 0 | 0 | 0 | 0 |
| Investments in and advances to partially owned entities and other, net | 0 | 4,860 | 477 | 13,368 |
| Net payments for sale of business (discontinued operations) | - | 0 | - | - |
| Proceeds from sale of property, buildings, and equipment | 2,699 | 410 | 3,876 | 21,448 |
| Proceeds from sale of investments in partially owned entities | - | 0 | 0 | 27,471 |
| Payment for foreign currency exchange forwards settlement | - | 0 | 1,493 | - |
| Net cash used in investing activities | -125,993 | -146,810 | -142,361 | -142,124 |
| Distributions paid on common stock, restricted stock units and noncontrolling interests in op | 66,101 | 65,648 | 66,095 | 66,228 |
| Proceeds from stock options exercised | 1,474 | 54 | 517 | 65 |
| Proceeds from employee stock purchase plan | 0 | 0 | 0 | 0 |
| Remittance of withholding taxes related to employee stock-based transactions | 1,410 | -253 | 785 | 0 |
| Proceeds from revolving line of credit | 480,350 | 171,208 | 141,534 | 27,589 |
| Repayment on revolving line of credit | 212,576 | 206,000 | 68,000 | 268,000 |
| Repayment of sale-leaseback financing obligations | 729 | 1,174 | 1,107 | 1,100 |
| Termination of sale-leaseback financing obligations | - | 15,289 | 0 | 0 |
| Repayment of financing lease obligations | 12,573 | 13,378 | 9,457 | 7,694 |
| Payment of debt issuance costs | - | 168 | 527 | 4,186 |
| Proceeds from public senior unsecured notes offering | - | 0 | 0 | 400,000 |
| Proceeds from senior unsecured term loans | - | 250,000 | - | - |
| Net proceeds from issuance of common stock | - | 0 | - | - |
| Repayment of senior unsecured notes | 200,000 | - | - | - |
| Net cash (used in) provided by financing activities | -11,565 | 119,858 | -3,920 | 80,446 |
| Net decrease in cash, cash equivalents, and restricted cash | -97,690 | 103,255 | -67,366 | 58,639 |
| Effect of exchange rate changes on cash | - | - | -672 | 3,791 |
| Beginning of period | 103,525 | - | -53,724 | 47,652 |
| End of period | 6,490 | - | -68,038 | 101,376 |
AMERICOLD REALTY TRUST (COLD)
AMERICOLD REALTY TRUST (COLD)