Extra Space Storage Quarterly Income Statement
NYSE: EXRReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Extra Space Storage revenue and earnings
In the quarter ended Jun 30, 2026, Extra Space Storage generated $874.2 million in revenue, up 3.9% from the same quarter a year earlier. Net income was $263.5 million (+5.5% year over year), for a net margin of 30.1% versus a median of 29.7% in the prior 5 quarters. Gross margin was 73.5% (up from 73.0%) and operating margin 44.9%.
Diluted earnings per share came in at $1.25, up from $1.18.
Summary generated from market data by MetaCap's automated system. Methodology
Extra Space Storage income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 874.15M | 856.03M | 857.47M | 858.46M | 841.62M | 820.00M | 821.90M | 824.80M | 810.66M | 799.54M | 797.77M | 748.03M |
| Revenue growth (YoY) | +3.87% | +4.39% | +4.33% | +4.08% | +3.82% | +2.56% | +3.02% | +10.26% | +58.52% | +58.94% | +57.44% | +49.94% |
| Cost of Revenue | 231.72M | 238.30M | 231.46M | 235.49M | 227.62M | 223.58M | 221.11M | 209.03M | 196.90M | 204.52M | 195.04M | 185.19M |
| Gross Profit | 642.43M | 617.72M | 626.01M | 622.97M | 614.00M | 596.41M | 600.78M | 615.77M | 613.76M | 595.02M | 602.74M | 562.84M |
| Operating Expenses | 250.25M | 250.17M | 255.14M | 343.85M | 240.03M | 207.69M | 220.75M | 313.03M | 309.00M | 259.19M | 269.27M | 263.05M |
| Operating Income | 392.18M | 367.55M | 370.87M | 279.12M | 373.97M | 388.73M | 380.03M | 302.74M | 304.76M | 335.83M | 333.47M | 299.79M |
| Interest Expense | — | — | — | — | — | — | — | — | — | 132.89M | 129.66M | 122.90M |
| Pretax Income | 271.51M | 247.24M | 247.73M | 160.97M | 258.07M | 273.99M | 265.07M | 183.83M | 188.00M | 215.81M | 215.50M | 190.76M |
| Income Tax | 12.07M | 10.79M | 8.97M | 11.96M | 11.64M | 8.99M | 6.04M | 10.86M | 9.84M | 6.74M | 4.32M | 6.94M |
| Net Income | 263.47M | 240.98M | 287.39M | 166.00M | 249.73M | 270.88M | 262.49M | 193.21M | 185.87M | 213.11M | 216.13M | 188.35M |
| Net Income growth (YoY) | +5.50% | -11.04% | +9.49% | -14.08% | +34.36% | +27.10% | +21.45% | +2.58% | -8.17% | +8.56% | +5.81% | -14.67% |
| EPS (Basic) | 1.25 | 1.14 | 1.35 | 0.78 | 1.18 | 1.28 | 1.23 | 0.91 | 0.88 | 1.01 | 0.82 | 0.96 |
| EPS (Diluted) | 1.25 | 1.14 | 1.35 | 0.78 | 1.18 | 1.28 | 1.23 | 0.91 | 0.88 | 1.01 | 0.82 | 0.96 |
| Shares Outstanding (Basic) | 210.96M | 210.90M | — | 211.96M | 211.94M | 211.85M | — | 211.70M | 211.58M | 211.28M | — | 195.32M |
| Shares Outstanding (Diluted) | 220.36M | 220.32M | — | 221.30M | 211.94M | 212.05M | — | 220.30M | 211.59M | 220.02M | — | 195.33M |
| EBITDA | 577.79M | 553.35M | 550.96M | 456.59M | 551.24M | 569.09M | 576.23M | 497.79M | 499.57M | 532.79M | 529.61M | 452.13M |
| Gross Margin | 73.49% | 72.16% | 73.01% | 72.57% | 72.95% | 72.73% | 73.10% | 74.66% | 75.71% | 74.42% | 75.55% | 75.24% |
| Operating Margin | 44.86% | 42.94% | 43.25% | 32.51% | 44.43% | 47.41% | 46.24% | 36.70% | 37.59% | 42.00% | 41.80% | 40.08% |
| Net Margin | 30.14% | 28.15% | 33.52% | 19.34% | 29.67% | 33.03% | 31.94% | 23.42% | 22.93% | 26.65% | 27.09% | 25.18% |
This table shows 12 quarterly periods of Extra Space Storage's income statement, from Q2 2026 back to Q3 2023, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow EXR's reporting calendar. What is a income statement?