CubeSmart (CUBE) Cost of Revenue (2010 - 2026)

CubeSmart's Cost of Revenue history runs 17 years deep, the most recent figure standing at $90.1 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 8.6% year-over-year to $90.1 million; the TTM figure through Mar 2026 stood at $358.5 million (up 10.78% YoY), while the FY2025 annual figure was $351.4 million, up 10.59% from the prior year.
• Cost of Revenue was $90.1 million for Q1 2026 at CubeSmart, up from $88.6 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $90.8 million in Q3 2025 to a low of $70.6 million in Q1 2022.
• Historically, Cost of Revenue has averaged $79.3 million across 5 years, with a median of $77.0 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue gained 19.77% in 2022, then slipped 1.66% in 2023.
• A 5-year view of Cost of Revenue shows it 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.
• The last three Cost of Revenue figures came in at $90.1 million (Q1 2026), $88.6 million (Q4 2025), and $90.8 million (Q3 2025), per Business Quant data.