CubeSmart (CUBE)
Owns U.S. self-storage properties and manages hundreds more for third-party owners.
$39.51
vs last close−0.21 (−0.53%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 268 | 267 | 261 | 266 | 271 | 268 | 273 | 282 | 285 | 283 | 282 | 286 |
| Cost of revenue | 78 | 47 | 128 | 83 | 82 | 76 | 83 | 156 | 91 | 538 | 213 | 96 |
| Gross profit | 190 | 220 | 134 | 183 | 189 | 192 | 190 | 127 | 194 | −256 | 69 | 190 |
| 64 | 38 | 16 | 66 | 65 | 68 | 75 | 15 | 83 | −367 | −44 | 73 | |
| 14 | 38 | 16 | 15 | 14 | 15 | 16 | 15 | 17 | 22 | 17 | 34 | |
| Selling & marketing | 0 | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | 0 |
| General & administrative | 14 | 14 | 16 | 15 | 14 | 15 | 16 | 15 | 17 | 17 | 17 | 34 |
| Other expenses | 50 | 0 | 0 | 51 | 51 | 53 | 59 | 0 | 67 | −389 | −61 | 39 |
| Operating income | 126 | 181 | 118 | 117 | 124 | 124 | 115 | 112 | 111 | 111 | 113 | 117 |
| −23 | −68 | −23 | −23 | −23 | −22 | −26 | −29 | −29 | −33 | −30 | −28 | |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 31 | 31 |
| Other non-operating income | 0 | 51 | −1 | 0 | 0 | 22 | 0 | 0 | −1 | 4 | 0 | −4 |
| Income before tax | 103 | 113 | 95 | 94 | 101 | 102 | 89 | 82 | 82 | 78 | 83 | 89 |
| Net income from continuing operations | 103 | 113 | 95 | 94 | 101 | 102 | 89 | 82 | 82 | 78 | 83 | 89 |
| Net income | 103 | 113 | 95 | 94 | 101 | 102 | 89 | 83 | 83 | 79 | 83 | 90 |
| EPS, basic | $0.46 | $0.50 | $0.42 | $0.42 | $0.45 | $0.45 | $0.39 | $0.36 | $0.36 | $0.34 | $0.36 | $0.40 |
| EPS, diluted | $0.45 | $0.50 | $0.42 | $0.41 | $0.44 | $0.45 | $0.39 | $0.36 | $0.36 | $0.34 | $0.36 | $0.39 |
| Weighted average shares, basic | 225 | 226 | 226 | 226 | 226 | 228 | 229 | 229 | 229 | 229 | 228 | 228 |
| Weighted average shares, diluted | 226 | 226 | 227 | 227 | 227 | 228 | 229 | 229 | 229 | 229 | 228 | 228 |
| EBITDA | 176 | 181 | 170 | 168 | 175 | 155 | 175 | 179 | 180 | 173 | 175 | 177 |
| Depreciation & amortization | 50 | 51 | 51 | 51 | 51 | 53 | 60 | 68 | 68 | 66 | 61 | 56 |
| EBIT | 126 | 131 | 119 | 118 | 124 | 102 | 115 | 112 | 112 | 107 | 114 | 121 |
