Extra Space Storage (EXR)
Owns and manages U.S. self-storage facilities, with tenant reinsurance and bridge lending.
$135.00
After hours+0.03 (+0.03%)
At close$134.97(−1.82%)
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 | 763 | 814 | 815 | 828 | 855 | 841 | 840 | 842 | 778 | 918 | 856 | 874 |
| Cost of revenue | 204 | 139 | 206 | 217 | 227 | 125 | 226 | 245 | 470 | 1,477 | 256 | 435 |
| Gross profit | 559 | 675 | 608 | 611 | 628 | 716 | 614 | 597 | 307 | −559 | 600 | 439 |
| 259 | 341 | 272 | 307 | 325 | 336 | 226 | 223 | 28 | −1,006 | 232 | 47 | |
| 37 | 116 | 60 | 40 | 40 | 159 | 61 | 45 | 28 | 52 | 47 | 47 | |
| Selling & marketing | 0 | 77 | 17 | 0 | 0 | 115 | 15 | 0 | −15 | 0 | 0 | 0 |
| General & administrative | 37 | 39 | 44 | 40 | 40 | 44 | 46 | 45 | 43 | 52 | 47 | 47 |
| Other expenses | 222 | 225 | 212 | 267 | 286 | 177 | 165 | 178 | 0 | −1,058 | 186 | 0 |
| Operating income | 300 | 333 | 336 | 305 | 303 | 380 | 389 | 374 | 279 | 447 | 368 | 392 |
| −94 | −102 | −105 | −100 | −89 | −96 | −95 | −100 | −154 | −76 | −104 | −1,176 | |
| Interest income | 22 | 22 | 24 | 31 | 35 | 35 | 39 | 42 | 44 | 39 | 40 | 39 |
| Interest expense | 131 | 140 | 144 | 148 | 154 | 150 | 154 | 158 | 750 | 426 | 160 | 159 |
| Other non-operating income | −69 | −29 | −15 | −72 | −91 | 19 | 16 | −58 | −595 | −350 | −56 | 56 |
| Income before tax | 206 | 232 | 231 | 205 | 214 | 284 | 294 | 274 | 125 | 371 | 263 | −784 |
| Income tax expense | 7 | 4 | 7 | 10 | 11 | 6 | 9 | 12 | −53 | 74 | 11 | −1,060 |
| Net income from continuing operations | 199 | 227 | 224 | 195 | 203 | 278 | 285 | 263 | 178 | 297 | 252 | 276 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 188 | 216 | 213 | 186 | 193 | 262 | 271 | 250 | 170 | 283 | 241 | 263 |
| EPS, basic | $0.96 | $1.02 | $1.01 | $0.88 | $0.95 | $1.24 | $1.28 | $1.18 | $0.78 | $1.36 | $1.14 | $1.25 |
| EPS, diluted | $0.96 | $0.98 | $1.01 | $0.88 | $0.91 | $1.24 | $1.28 | $1.18 | $0.78 | $1.30 | $1.14 | $1.25 |
| Weighted average shares, basic | 195 | 211 | 211 | 212 | 212 | 212 | 212 | 212 | 212 | 212 | 211 | 211 |
| Weighted average shares, diluted | 195 | 220 | 220 | 212 | 220 | 212 | 212 | 212 | 212 | 221 | 220 | 220 |
| EBITDA | 521 | 553 | 548 | 571 | 588 | 552 | 553 | 610 | 1,052 | 977 | 609 | 522 |
| Depreciation & amortization | 152 | 191 | 197 | 195 | 195 | 191 | 180 | 177 | 177 | 180 | 186 | 186 |
| EBIT | 369 | 362 | 351 | 377 | 393 | 361 | 373 | 432 | 875 | 797 | 423 | 337 |
