CubeSmart (CUBE) Gross Margin (2010 - 2026)

CubeSmart has reported Gross Margin for 17 years, with the latest figure at 66.48% in Q2 2026.

• On a quarterly basis, Gross Margin fell 198.0% year-over-year to 66.48% in Q2 2026; TTM through Jun 2026 was 67.83%, a 204.0% decrease from a year earlier, with the FY2025 full-year figure at 68.71%, down 149.0% from the prior year.
• Gross Margin was 66.48% for Q2 2026 at CubeSmart, down from 68.05% in the prior quarter.
• The five-year high for Gross Margin was 73.11% in Q4 2023, with the low at 66.48% in Q2 2026.
• Average Gross Margin over 5 years is 70.1%, with a median of 70.44% recorded in 2022.
• The sharpest annual moves came in 2022 and 2025: Gross Margin surged 284 bps in 2022, then slumped 305 bps in 2025.
• Over 5 years, Gross Margin stood at 72.22% in 2022, then advanced by 1 bps to 73.11% in 2023, then declined by 2 bps to 71.71% in 2024, then dropped by 4 bps to 68.66% in 2025, then declined by 3 bps to 66.48% in 2026.
• The last three Gross Margin figures came in at 66.48% (Q2 2026), 68.05% (Q1 2026), and 68.66% (Q4 2025), per Business Quant data.