CubeSmart (CUBE) Cost of Revenue (2010 - 2026)
CubeSmart's (CUBE) quarterly Cost of Revenue came in at $90.1 million in Q1 2026, up 8.6% year-on-year from $82.9 million in Q1 2025, and up 1.66% quarter-over-quarter from $88.6 million in Q4 2025.
CubeSmart (CUBE) Cost of Revenue (2010 - 2026) Analysis & Trends
CubeSmart's Cost of Revenue history runs 17 years deep, the most recent figure standing at $90.1 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 8.6% year-over-year to $90.1 million in Q1 2026; TTM through Mar 2026 was $358.5 million, a 10.78% increase from a year earlier, with the FY2025 full-year figure at $351.4 million, up 10.59% from the prior year.
- Cost of Revenue advanced to $90.1 million in Q1 2026 per CUBE's latest filing, from $88.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $90.8 million in Q3 2025 and bottomed at $70.6 million in Q1 2022.
- The 5-year median for Cost of Revenue is $77.0 million (2024), against an average of $79.3 million.
- Across the five-year window, Cost of Revenue climbed 19.77% in 2022 and declined 1.66% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $72.5 million in 2022, then retreated by 1.66% to $71.3 million in 2023, then grew by 6.26% to $75.7 million in 2024, then climbed by 16.96% to $88.6 million in 2025, then rose by 1.66% to $90.1 million in 2026.
- Per Business Quant, the three latest CUBE Cost of Revenue figures stand at $90.1 million (Q1 2026), $88.6 million (Q4 2025), and $90.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 136.72 Bn | 136.72 Bn | 2.24 Bn | 15.95 Mn |
| 2 | Public Storage | 56.92 Bn | 56.79 Bn | 1.18 Bn | 34.26 Mn |
| 3 | Extra Space Storage | 31.35 Bn | 31.35 Bn | 617.72 Mn | 238.30 Mn |
| 4 | Eastgroup Properties | 11.31 Bn | 11.31 Bn | 193.10 Mn | 231,000.00 |
| 5 | Lineage | 9.72 Bn | 9.65 Bn | 417.00 Mn | 880.00 Mn |
| 6 | CubeSmart | 9.62 Bn | 9.62 Bn | 191.86 Mn | 90.07 Mn |
| 7 | Rexford Industrial Realty | 8.86 Bn | 8.81 Bn | - | - |
| 8 | STAG Industrial | 7.76 Bn | 7.76 Bn | - | - |
| 9 | Terreno Realty | 7.66 Bn | 7.66 Bn | - | - |
| 10 | Americold Realty Trust | 4.20 Bn | 4.16 Bn | 195.51 Mn | 434.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 71.29 Mn |
| Dec 31, 2023 | 71.29 Mn |