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Side-by-side financial comparison of AMERICOLD REALTY TRUST (COLD) and Rackspace Technology, Inc. (RXT). Click either name above to swap in a different company.

Rackspace Technology, Inc. is the larger business by last-quarter revenue ($682.8M vs $643.1M, roughly 1.1× AMERICOLD REALTY TRUST). Rackspace Technology, Inc. runs the higher net margin — -4.8% vs -13.7%, a 8.9% gap on every dollar of revenue. On growth, Rackspace Technology, Inc. posted the faster year-over-year revenue change (-0.4% vs -0.7%). Rackspace Technology, Inc. produced more free cash flow last quarter ($56.0M vs $-12.2M). Over the past eight quarters, Rackspace Technology, Inc.'s revenue compounded faster (-0.6% CAGR vs -0.6%).

Americold Realty Trust, Inc. is an American temperature controlled warehousing and transportation company based in Atlanta, Georgia, United States. It is in the business of modern commercialized temperature controlled warehousing for the storage of perishable goods via a cold chain, one of the forms of food preservation. Americold is the 2nd largest temperature-controlled warehousing and distribution services provider in the world.

Rackspace Technology, Inc. is an American cloud computing company based in San Antonio, Texas. It also has offices in Reston, Virginia, as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands, Germany, Singapore, Mexico, Toronto and Hong Kong. Its data centers are located in Amsterdam (Netherlands), Virginia (USA), Chicago (USA), Dallas (USA), London (UK), Frankfurt (Germany), Hong Kong (China), Kansas City (USA), New York City (USA), San Jose (USA), Shangh...

COLD vs RXT — Head-to-Head

Bigger by revenue
RXT
RXT
1.1× larger
RXT
$682.8M
$643.1M
COLD
Growing faster (revenue YoY)
RXT
RXT
+0.3% gap
RXT
-0.4%
-0.7%
COLD
Higher net margin
RXT
RXT
8.9% more per $
RXT
-4.8%
-13.7%
COLD
More free cash flow
RXT
RXT
$68.2M more FCF
RXT
$56.0M
$-12.2M
COLD
Faster 2-yr revenue CAGR
RXT
RXT
Annualised
RXT
-0.6%
-0.6%
COLD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COLD
COLD
RXT
RXT
Revenue
$643.1M
$682.8M
Net Profit
$-88.3M
$-32.7M
Gross Margin
31.3%
17.6%
Operating Margin
-10.8%
-0.5%
Net Margin
-13.7%
-4.8%
Revenue YoY
-0.7%
-0.4%
Net Profit YoY
-143.9%
41.6%
EPS (diluted)
$-0.31
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COLD
COLD
RXT
RXT
Q4 25
$643.1M
$682.8M
Q3 25
$649.0M
$671.2M
Q2 25
$635.1M
$666.3M
Q1 25
$613.7M
$665.4M
Q4 24
$647.4M
$685.6M
Q3 24
$660.4M
$675.8M
Q2 24
$645.6M
$684.9M
Q1 24
$651.4M
$690.8M
Net Profit
COLD
COLD
RXT
RXT
Q4 25
$-88.3M
$-32.7M
Q3 25
$-11.4M
$-67.1M
Q2 25
$1.5M
$-54.5M
Q1 25
$-16.4M
$-71.5M
Q4 24
$-36.2M
$-56.0M
Q3 24
$-3.7M
$-186.6M
Q2 24
$-64.1M
$25.0M
Q1 24
$9.7M
$-640.6M
Gross Margin
COLD
COLD
RXT
RXT
Q4 25
31.3%
17.6%
Q3 25
29.3%
19.4%
Q2 25
30.9%
19.4%
Q1 25
31.1%
19.1%
Q4 24
29.7%
19.2%
Q3 24
29.6%
20.3%
Q2 24
31.0%
19.2%
Q1 24
30.3%
19.2%
Operating Margin
COLD
COLD
RXT
RXT
Q4 25
-10.8%
-0.5%
Q3 25
2.6%
-5.1%
Q2 25
5.9%
-3.8%
Q1 25
3.6%
-5.8%
Q4 24
-1.8%
-4.2%
Q3 24
4.6%
-25.7%
Q2 24
9.8%
-7.9%
Q1 24
6.4%
-94.5%
Net Margin
COLD
COLD
RXT
RXT
Q4 25
-13.7%
-4.8%
Q3 25
-1.8%
-10.0%
Q2 25
0.2%
-8.2%
Q1 25
-2.7%
-10.7%
Q4 24
-5.6%
-8.2%
Q3 24
-0.6%
-27.6%
Q2 24
-9.9%
3.7%
Q1 24
1.5%
-92.7%
EPS (diluted)
COLD
COLD
RXT
RXT
Q4 25
$-0.31
$-0.13
Q3 25
$-0.04
$-0.28
Q2 25
$0.01
$-0.23
Q1 25
$-0.06
$-0.31
Q4 24
$-0.12
$-0.20
Q3 24
$-0.01
$-0.82
Q2 24
$-0.23
$0.11
Q1 24
$0.03
$-2.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COLD
COLD
RXT
RXT
Cash + ST InvestmentsLiquidity on hand
$136.9M
$105.8M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$2.9B
$-1.2B
Total Assets
$8.1B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLD
COLD
RXT
RXT
Q4 25
$136.9M
$105.8M
Q3 25
$33.3M
$99.5M
Q2 25
$101.4M
$103.9M
Q1 25
$38.9M
$128.0M
Q4 24
$47.7M
$144.0M
Q3 24
$61.3M
$157.1M
Q2 24
$44.2M
$190.2M
Q1 24
$59.2M
$282.6M
Total Debt
COLD
COLD
RXT
RXT
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
$2.8B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$2.9B
Q1 24
$3.0B
Stockholders' Equity
COLD
COLD
RXT
RXT
Q4 25
$2.9B
$-1.2B
Q3 25
$3.0B
$-1.2B
Q2 25
$3.1B
$-1.1B
Q1 25
$3.2B
$-1.1B
Q4 24
$3.3B
$-1.0B
Q3 24
$3.4B
$-949.7M
Q2 24
$3.4B
$-756.2M
Q1 24
$3.6B
$-787.2M
Total Assets
COLD
COLD
RXT
RXT
Q4 25
$8.1B
$2.8B
Q3 25
$8.1B
$2.8B
Q2 25
$8.1B
$2.9B
Q1 25
$7.8B
$3.0B
Q4 24
$7.7B
$3.1B
Q3 24
$7.9B
$3.1B
Q2 24
$7.8B
$3.4B
Q1 24
$7.8B
$3.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COLD
COLD
RXT
RXT
Operating Cash FlowLast quarter
$130.2M
$59.7M
Free Cash FlowOCF − Capex
$-12.2M
$56.0M
FCF MarginFCF / Revenue
-1.9%
8.2%
Capex IntensityCapex / Revenue
22.1%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-217.2M
$90.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLD
COLD
RXT
RXT
Q4 25
$130.2M
$59.7M
Q3 25
$78.9M
$70.7M
Q2 25
$120.3M
$8.4M
Q1 25
$30.2M
$12.6M
Q4 24
$162.6M
$54.3M
Q3 24
$50.6M
$51.8M
Q2 24
$136.7M
$24.1M
Q1 24
$62.0M
$-90.3M
Free Cash Flow
COLD
COLD
RXT
RXT
Q4 25
$-12.2M
$56.0M
Q3 25
$-65.4M
$42.7M
Q2 25
$-57.4M
$-12.4M
Q1 25
$-82.3M
$4.3M
Q4 24
$57.4M
$34.4M
Q3 24
$-44.5M
$27.3M
Q2 24
$73.3M
$-14.5M
Q1 24
$16.2M
$-118.4M
FCF Margin
COLD
COLD
RXT
RXT
Q4 25
-1.9%
8.2%
Q3 25
-10.1%
6.4%
Q2 25
-9.0%
-1.9%
Q1 25
-13.4%
0.6%
Q4 24
8.9%
5.0%
Q3 24
-6.7%
4.0%
Q2 24
11.4%
-2.1%
Q1 24
2.5%
-17.1%
Capex Intensity
COLD
COLD
RXT
RXT
Q4 25
22.1%
0.5%
Q3 25
22.2%
4.2%
Q2 25
28.0%
3.1%
Q1 25
18.3%
1.2%
Q4 24
16.3%
2.9%
Q3 24
14.4%
3.6%
Q2 24
9.8%
5.6%
Q1 24
7.0%
4.1%
Cash Conversion
COLD
COLD
RXT
RXT
Q4 25
Q3 25
Q2 25
78.18×
Q1 25
Q4 24
Q3 24
Q2 24
0.96×
Q1 24
6.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COLD
COLD

Warehouse Services$269.0M42%
Warehouse Rent And Storage$199.9M31%
Other Facilities Costs$60.0M9%
Transportation Segment$48.3M8%
Power$34.7M5%
Transportation$22.0M3%
Third Party Managed Segment$9.5M1%
Third Party Managed$2.4M0%

RXT
RXT

Public Cloud Services Segment$442.2M65%
Private Cloud Service Segment$240.6M35%

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