CubeSmart (CUBE) Gross Margin (2010 - 2026)
CubeSmart's Gross Margin was 66.48% in Q2 2026, down 1.98 percentage points from 68.46% a year earlier and down 1.57 percentage points from the prior quarter.
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Analysis
CubeSmart (CUBE) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, CubeSmart's Gross Margin was 67.83% through Jun 30, 2026, down 2.04 percentage points year-over-year; for FY2025, it came in at 68.71%, down 1.49 percentage points from FY2024.
- Gross Margin shows a five-year change of +1.64 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 70.20% in FY2024 (-1.74 pp), 71.93% in FY2023 (+0.98 pp), 70.95% in FY2022 (+1.60 pp) and 69.35% in FY2021 (+2.28 pp).
- The Q2 2026 figure marks the lowest quarterly Gross Margin since Q2 2020.
- Compared with a year earlier, Gross Margin has declined for ten straight quarters, with an average year-over-year change of -1.52 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q3 2021 (a gain of 2.96 percentage points); the worst was Q4 2025 (a drop of 3.05 percentage points).
- Per Business Quant data, CUBE's Gross Margin in the three quarters before Q2 2026 was 68.05% (Q1 2026), 68.66% (Q4 2025) and 68.13% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.48% |
| Mar 31, 2026 | 68.05% |
| Dec 31, 2025 | 68.66% |
| Sep 30, 2025 | 68.13% |
| Jun 30, 2025 | 68.46% |
| Mar 31, 2025 | 69.63% |
| Dec 31, 2024 | 71.71% |
| Sep 30, 2024 | 69.78% |
| Jun 30, 2024 | 68.79% |
| Mar 31, 2024 | 70.53% |
| Dec 31, 2023 | 73.11% |
| Sep 30, 2023 | 71.05% |
| Jun 30, 2023 | 71.31% |
| Mar 31, 2023 | 72.27% |
| Dec 31, 2022 | 72.22% |
| Sep 30, 2022 | 70.65% |
| Jun 30, 2022 | 70.45% |
| Mar 31, 2022 | 70.42% |
| Dec 31, 2021 | 71.58% |
| Sep 30, 2021 | 69.86% |
API Access
CubeSmart Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CUBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CUBE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CUBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();