CubeSmart (CUBE) Cost of Revenue (2010 - 2026)
CubeSmart (CUBE) posted quarterly Cost of Revenue of $96.0 million for Q2 2026, up 7.85% year-over-year from $89.0 million in Q2 2025, and up 6.61% on a QoQ basis from $90.1 million in Q1 2026.
CubeSmart (CUBE) Cost of Revenue (2010 - 2026) Analysis & Trends
CubeSmart has reported Cost of Revenue for 17 years, with the latest figure at $96.0 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $96.0 million, up 7.85% year-over-year; the trailing twelve-month figure through Jun 2026 was $365.5 million (up 10.91% YoY), and the FY2025 annual result was $351.4 million, up 10.59% from the prior year.
- Cost of Revenue climbed to $96.0 million in Q2 2026, from $90.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $96.0 million in Q2 2026 and troughed at $70.6 million in Q1 2022.
- A 5-year average of $80.2 million and a median of $77.3 million in 2023 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2022, when Cost of Revenue grew 19.77%; it then fell 1.66% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $72.5 million in 2022, then fell by 1.66% to $71.3 million in 2023, then climbed by 6.26% to $75.7 million in 2024, then advanced by 16.96% to $88.6 million in 2025, then increased by 8.38% to $96.0 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $96.0 million in Q2 2026, $90.1 million in Q1 2026, and $88.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.96 Bn | 131.96 Bn | 2.41 Bn | 20.17 Mn |
| 2 | Public Storage | 56.63 Bn | 56.37 Bn | 1.20 Bn | 36.29 Mn |
| 3 | Extra Space Storage | 30.94 Bn | 30.94 Bn | 642.43 Mn | 231.72 Mn |
| 4 | Eastgroup Properties | 10.77 Bn | 10.77 Bn | 193.10 Mn | 231,000.00 |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn | 936.00 Mn |
| 6 | CubeSmart | 9.27 Bn | 9.27 Bn | 190.47 Mn | 96.02 Mn |
| 7 | Rexford Industrial Realty | 8.33 Bn | 8.33 Bn | - | - |
| 8 | Terreno Realty | 7.24 Bn | 7.24 Bn | - | - |
| 9 | STAG Industrial | 7.00 Bn | 7.00 Bn | - | - |
| 10 | Americold Realty Trust | 4.37 Bn | 4.33 Bn | 212.69 Mn | 450.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 96.02 Mn |
| Jun 30, 2026 | 96.02 Mn |
| Mar 31, 2026 | 90.07 Mn |
| Mar 31, 2026 | 90.07 Mn |
| Dec 31, 2025 | 88.60 Mn |
| Dec 31, 2025 | 88.60 Mn |
| Sep 30, 2025 | 90.85 Mn |
| Sep 30, 2025 | 90.85 Mn |
| Jun 30, 2025 | 89.03 Mn |
| Jun 30, 2025 | 89.03 Mn |
| Mar 31, 2025 | 82.93 Mn |
| Mar 31, 2025 | 82.93 Mn |
| Dec 31, 2024 | 75.75 Mn |
| Dec 31, 2024 | 75.75 Mn |
| Sep 30, 2024 | 81.87 Mn |
| Sep 30, 2024 | 81.87 Mn |
| Jun 30, 2024 | 83.10 Mn |
| Jun 30, 2024 | 83.10 Mn |
| Mar 31, 2024 | 77.04 Mn |
| Mar 31, 2024 | 77.04 Mn |