CubeSmart (CUBE) Interest Expenses (2009 - 2026)
CubeSmart (CUBE) posted quarterly Interest Expenses of $30.3 million for Q2 2026, up 4.3% year-over-year from $29.1 million in Q2 2025, and down 12.76% on a QoQ basis from $34.8 million in Q1 2026.
CubeSmart (CUBE) Interest Expenses (2009 - 2026) Analysis & Trends
CubeSmart has reported Interest Expenses for 18 years, with the latest figure at $30.3 million in Q2 2026.
- Interest Expenses for Q2 2026 came in at $30.3 million, up 4.3% year-over-year; the trailing twelve-month figure through Jun 2026 was $124.0 million (up 14.49% YoY), and the FY2025 annual result was $114.1 million, up 23.21% from the prior year.
- Interest Expenses fell to $30.3 million in Q2 2026, from $34.8 million in the prior quarter.
- Over five years, Interest Expenses peaked at $34.8 million in Q1 2026 and troughed at $18.1 million in Q4 2022.
- A 5-year average of $26.7 million and a median of $24.9 million in 2022 frame the typical range for Interest Expenses.
- The widest annual swing landed in 2022, when Interest Expenses plunged 82.64%; it then jumped 38.36% in 2023.
- A 5-year view of Interest Expenses shows it stood at $18.1 million in 2022, then surged by 38.36% to $25.1 million in 2023, then fell by 3.54% to $24.2 million in 2024, then rose by 22.16% to $29.5 million in 2025, then rose by 2.75% to $30.3 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $30.3 million in Q2 2026, $34.8 million in Q1 2026, and $29.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.18 Bn | 131.18 Bn | 2.41 Bn | 276.31 Mn |
| 2 | Public Storage | 56.71 Bn | 56.45 Bn | 1.20 Bn | 84.78 Mn |
| 3 | Extra Space Storage | 31.13 Bn | 31.13 Bn | 642.43 Mn | - |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn | 8.99 Mn |
| 5 | Lineage | 9.47 Bn | 9.41 Bn | 425.00 Mn | - |
| 6 | CubeSmart | 9.34 Bn | 9.34 Bn | 190.47 Mn | 30.34 Mn |
| 7 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | 13.90 Mn |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - | 8.34 Mn |
| 9 | STAG Industrial | 6.97 Bn | 6.97 Bn | - | 37.50 Mn |
| 10 | Americold Realty Trust | 4.33 Bn | 4.29 Bn | 212.69 Mn | 42.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.34 Mn |
| Jun 30, 2026 | 30.34 Mn |
| Mar 31, 2026 | 34.78 Mn |
| Mar 31, 2026 | 34.78 Mn |
| Dec 31, 2025 | 22.26 Mn |
| Dec 31, 2025 | 22.26 Mn |
| Sep 30, 2025 | 29.38 Mn |
| Sep 30, 2025 | 29.38 Mn |
| Jun 30, 2025 | 29.09 Mn |
| Jun 30, 2025 | 29.09 Mn |
| Mar 31, 2025 | 32.32 Mn |
| Mar 31, 2025 | 32.32 Mn |
| Dec 31, 2024 | 22.38 Mn |
| Dec 31, 2024 | 22.38 Mn |
| Sep 30, 2024 | 22.75 Mn |
| Sep 30, 2024 | 22.75 Mn |
| Jun 30, 2024 | 22.77 Mn |
| Jun 30, 2024 | 22.77 Mn |
| Mar 31, 2024 | 31.55 Mn |
| Mar 31, 2024 | 31.55 Mn |