For Q1 FY2026 ended March 31, 2026, CubeSmart reported revenue of $281.9 million, up 3.3% year-over-year. Net income was $42.0 million, down 12.7% from the prior year. Diluted EPS was $0.36, a decrease of 7.7%. Operating income was $59.6 million, up 14.0% year-over-year.
•Revenue increased 3.3% YoY to $281.9 million.
•Net income decreased 12.7% YoY to $42.0 million.
•Diluted EPS fell 7.7% to $0.36.
•Operating income rose 14.0% YoY to $59.6 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,514 self-storage properties across the United States. According to the 2025 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. Its mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers through innovative solutions, unparalleled service, and genuine care.
Its self-storage properties are designed to offer affordable, easily accessible, and, in most locations, climate-controlled storage space for residential and commercial customers. CubeSmart was incorporated in 2004 in Maryland and is based in Malvern, Pennsylvania.
CubeSmart is a self-administered and self-managed real estate investment trust (REIT) that focuses on self-storage properties. As of the latest data, CubeSmart owns or manages 1,514 self-storage facilities across the United States. According to the 2025 Self Storage Almanac, it ranks among the top three owners and operators of self-storage properties in the U.S. The company provides affordable, easily accessible, and mostly climate-controlled storage space for both residential and commercial customers. Its mission is to simplify the organizational and logistical challenges that arise from life events and business needs by offering innovative solutions, unparalleled service, and genuine care.
On which stock exchange is CubeSmart (CUBE) listed and in what currency?
CubeSmart is listed on the New York Stock Exchange (NYSE) under the ticker symbol CUBE. Its shares are traded in U.S. dollars (USD), reflecting its primary operations in the United States. As a U.S.-based company, its financial reporting and dividends are also denominated in USD.
What sector and industry does CubeSmart (CUBE) belong to?
CubeSmart operates in the Real Estate sector and is specifically classified under the REIT - Industrial industry. As a real estate investment trust, CubeSmart is required to distribute at least 90% of its taxable income to shareholders in the form of dividends. Its focus on self-storage properties places it within the industrial REIT category, which includes companies that own and manage storage facilities, warehouses, and similar income-producing real estate assets.
Where is CubeSmart (CUBE) headquartered and what markets does it serve?
CubeSmart is headquartered in Malvern, Pennsylvania, United States. The company was incorporated in Maryland in 2004. CubeSmart serves customers across the United States through its network of 1,514 self-storage properties. Its facilities are designed to meet the storage needs of both residential customers, who may need space during moves or life transitions, and commercial customers, who require storage for inventory, equipment, or documents. The company emphasizes climate-controlled units in most locations to protect sensitive items.
How does CubeSmart (CUBE) generate revenue?
CubeSmart generates revenue primarily by renting self-storage units to residential and commercial customers. As a self-administered and self-managed REIT, it directly oversees its properties, which allows it to control operations and maximize rental income. The company's portfolio of 1,514 properties across the U.S. provides a diversified revenue stream. Additionally, CubeSmart may earn ancillary income from tenant insurance, packing supplies, and administrative fees. Its status as one of the top three self-storage operators in the U.S., according to the 2025 Self Storage Almanac, underscores its significant market presence and ability to generate consistent cash flows from its real estate assets.