CubeSmart (CUBE) Gross Profit (2010 - 2026)
CubeSmart (CUBE) posted Gross Profit of $190.5 million for Q2 2026, down 0.73% on a QoQ basis from $191.9 million in Q1 2026, and down 1.45% year-over-year from $193.3 million in Q2 2025.
Analysis
CubeSmart (CUBE) Gross Profit (2010 - 2026) Analysis & Trends
CubeSmart has reported Gross Profit for 17 years, with the latest figure at $190.5 million in Q2 2026.
- On a quarterly basis, Gross Profit fell 1.45% year-over-year to $190.5 million in Q2 2026; TTM through Jun 2026 was $770.7 million, a 0.82% increase from a year earlier, with the FY2025 full-year figure at $771.7 million, up 3.1% from the prior year.
- Gross Profit was $190.5 million for Q2 2026 at CubeSmart, down from $191.9 million in the prior quarter.
- The five-year high for Gross Profit was $194.2 million in Q3 2025, with the low at $168.0 million in Q1 2022.
- Average Gross Profit over 5 years is $187.5 million, with a median of $189.6 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Profit soared 31.65% in 2022, then retreated 1.54% in 2024.
- Over 5 years, Gross Profit stood at $188.5 million in 2022, then grew by 2.84% to $193.8 million in 2023, then fell by 0.96% to $192.0 million in 2024, then increased by 1.1% to $194.1 million in 2025, then fell by 1.87% to $190.5 million in 2026.
- The last three Gross Profit figures came in at $190.5 million (Q2 2026), $191.9 million (Q1 2026), and $194.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Public Storage | 51.85 Bn | 51.59 Bn | 1.20 Bn |
| 2 | Extra Space Storage | 28.82 Bn | 28.82 Bn | 642.43 Mn |
| 3 | CubeSmart | 8.85 Bn | 8.85 Bn | 190.47 Mn |
| 4 | SmartStop Self Storage REIT | 1.77 Bn | 1.73 Bn | 47.65 Mn |
| 5 | Global Self Storage | 57.63 Mn | 57.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 190.47 Mn |
| Mar 31, 2026 | 191.86 Mn |
| Dec 31, 2025 | 194.10 Mn |
| Sep 30, 2025 | 194.23 Mn |
| Jun 30, 2025 | 193.28 Mn |
| Mar 31, 2025 | 190.10 Mn |
| Dec 31, 2024 | 191.98 Mn |
| Sep 30, 2024 | 189.02 Mn |
| Jun 30, 2024 | 183.11 Mn |
| Mar 31, 2024 | 184.37 Mn |
| Dec 31, 2023 | 193.84 Mn |
| Sep 30, 2023 | 190.33 Mn |
| Jun 30, 2023 | 185.98 Mn |
| Mar 31, 2023 | 185.40 Mn |
| Dec 31, 2022 | 188.49 Mn |
| Sep 30, 2022 | 184.68 Mn |
| Jun 30, 2022 | 175.19 Mn |
| Mar 31, 2022 | 168.00 Mn |
| Dec 31, 2021 | 158.85 Mn |
| Sep 30, 2021 | 148.50 Mn |