Americold Q2 FY26 net loss widens to $342.8 million; revenue rises 1.9% to $662.9 million
COLD•Q2 results and net loss
Americold posted a GAAP net loss of $342.8 million, or $1.19 per diluted share, swinging from profit a year earlier on impairment charges.
Revenue, FFO and EBITDA
Revenue rose 1.9% to $662.9 million, while non-GAAP adjusted FFO slipped to $0.35 per diluted share from $0.36 a year earlier.
Core EBITDA was flat at $159.1 million, with core EBITDA margin narrowing 0.4 percentage points to 24%.
Warehouse performance and occupancy
Warehouse same-store NOI fell 1.5%, while physical occupancy climbed 4.6 percentage points to 67.4%.
2026 guidance
Americold raised 2026 non-GAAP adjusted FFO guidance to $1.26-$1.32 per share, citing progress toward closing its EQT joint venture.
