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Side-by-side financial comparison of AMERICOLD REALTY TRUST (COLD) and Solstice Advanced Materials Inc. (SOLS). Click either name above to swap in a different company.

Solstice Advanced Materials Inc. is the larger business by last-quarter revenue ($991.0M vs $577.9M, roughly 1.7× AMERICOLD REALTY TRUST). Solstice Advanced Materials Inc. runs the higher net margin — 8.6% vs -2.4%, a 10.9% gap on every dollar of revenue. On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (10.0% vs -1.2%).

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.

Solstice Advanced Materials Inc. is a specialty advanced materials provider that develops, produces and distributes high-performance functional materials for renewable energy systems, consumer electronics, industrial manufacturing and advanced automotive sectors. The company focuses on material solutions that boost product durability, energy efficiency and operational performance for its global clients.

COLD vs SOLS — Head-to-Head

Bigger by revenue
SOLS
SOLS
1.7× larger
SOLS
$991.0M
$577.9M
COLD
Growing faster (revenue YoY)
SOLS
SOLS
+11.2% gap
SOLS
10.0%
-1.2%
COLD
Higher net margin
SOLS
SOLS
10.9% more per $
SOLS
8.6%
-2.4%
COLD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
COLD
COLD
SOLS
SOLS
Revenue
$577.9M
$991.0M
Net Profit
$-13.7M
$85.0M
Gross Margin
Operating Margin
2.5%
Net Margin
-2.4%
8.6%
Revenue YoY
-1.2%
10.0%
Net Profit YoY
16.9%
-36.6%
EPS (diluted)
$-0.05
$0.53

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
SOLS
SOLS
Q1 26
$577.9M
$991.0M
Q4 25
$643.1M
Q3 25
$649.0M
$969.0M
Q2 25
$635.1M
Q1 25
$613.7M
Q4 24
$647.4M
Q3 24
$660.4M
$907.0M
Q2 24
$645.6M
Net Profit
COLD
COLD
SOLS
SOLS
Q1 26
$-13.7M
$85.0M
Q4 25
$-88.3M
Q3 25
$-11.4M
$-35.0M
Q2 25
$1.5M
Q1 25
$-16.4M
Q4 24
$-36.2M
Q3 24
$-3.7M
$152.0M
Q2 24
$-64.1M
Gross Margin
COLD
COLD
SOLS
SOLS
Q1 26
Q4 25
31.3%
Q3 25
29.3%
32.0%
Q2 25
30.9%
Q1 25
31.1%
Q4 24
29.7%
Q3 24
29.6%
36.6%
Q2 24
31.0%
Operating Margin
COLD
COLD
SOLS
SOLS
Q1 26
2.5%
Q4 25
-10.8%
Q3 25
2.6%
17.9%
Q2 25
5.9%
Q1 25
3.6%
Q4 24
-1.8%
Q3 24
4.6%
21.7%
Q2 24
9.8%
Net Margin
COLD
COLD
SOLS
SOLS
Q1 26
-2.4%
8.6%
Q4 25
-13.7%
Q3 25
-1.8%
-3.6%
Q2 25
0.2%
Q1 25
-2.7%
Q4 24
-5.6%
Q3 24
-0.6%
16.8%
Q2 24
-9.9%
EPS (diluted)
COLD
COLD
SOLS
SOLS
Q1 26
$-0.05
$0.53
Q4 25
$-0.31
Q3 25
$-0.04
Q2 25
$0.01
Q1 25
$-0.06
Q4 24
$-0.12
Q3 24
$-0.01
Q2 24
$-0.23

Balance Sheet & Financial Strength

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

Metric
COLD
COLD
SOLS
SOLS
Cash + ST InvestmentsLiquidity on hand
$642.0M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$2.8B
$1.5B
Total Assets
$8.1B
$5.7B
Debt / EquityLower = less leverage
1.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLD
COLD
SOLS
SOLS
Q1 26
$642.0M
Q4 25
$136.9M
Q3 25
$33.3M
$417.0M
Q2 25
$101.4M
Q1 25
$38.9M
Q4 24
$47.7M
Q3 24
$61.3M
Q2 24
$44.2M
Total Debt
COLD
COLD
SOLS
SOLS
Q1 26
$2.0B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
COLD
COLD
SOLS
SOLS
Q1 26
$2.8B
$1.5B
Q4 25
$2.9B
Q3 25
$3.0B
$3.2B
Q2 25
$3.1B
Q1 25
$3.2B
Q4 24
$3.3B
Q3 24
$3.4B
$3.2B
Q2 24
$3.4B
Total Assets
COLD
COLD
SOLS
SOLS
Q1 26
$8.1B
$5.7B
Q4 25
$8.1B
Q3 25
$8.1B
$5.2B
Q2 25
$8.1B
Q1 25
$7.8B
Q4 24
$7.7B
Q3 24
$7.9B
Q2 24
$7.8B
Debt / Equity
COLD
COLD
SOLS
SOLS
Q1 26
1.34×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
SOLS
SOLS
Operating Cash FlowLast quarter
$39.9M
$199.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
2.2%
7.6%
Cash ConversionOCF / Net Profit
2.34×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLD
COLD
SOLS
SOLS
Q1 26
$39.9M
$199.0M
Q4 25
$130.2M
Q3 25
$78.9M
$289.0M
Q2 25
$120.3M
Q1 25
$30.2M
Q4 24
$162.6M
Q3 24
$50.6M
Q2 24
$136.7M
Free Cash Flow
COLD
COLD
SOLS
SOLS
Q1 26
Q4 25
$-12.2M
Q3 25
$-65.4M
$41.0M
Q2 25
$-57.4M
Q1 25
$-82.3M
Q4 24
$57.4M
Q3 24
$-44.5M
Q2 24
$73.3M
FCF Margin
COLD
COLD
SOLS
SOLS
Q1 26
Q4 25
-1.9%
Q3 25
-10.1%
4.2%
Q2 25
-9.0%
Q1 25
-13.4%
Q4 24
8.9%
Q3 24
-6.7%
Q2 24
11.4%
Capex Intensity
COLD
COLD
SOLS
SOLS
Q1 26
2.2%
7.6%
Q4 25
22.1%
Q3 25
22.2%
25.6%
Q2 25
28.0%
Q1 25
18.3%
Q4 24
16.3%
Q3 24
14.4%
Q2 24
9.8%
Cash Conversion
COLD
COLD
SOLS
SOLS
Q1 26
2.34×
Q4 25
Q3 25
Q2 25
78.18×
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

COLD
COLD

Warehouse services (3)$331.9M57%
Rent and storage$246.1M43%

SOLS
SOLS

Product sales$915.0M92%
Service sales$77.0M8%

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