CubeSmart (CUBE) Interest Expenses (2010 - 2026)
CubeSmart (CUBE) recorded quarterly Interest Expenses of $29.8 million in Q1 2026, up 1.02% quarter-over-quarter from $29.5 million in Q4 2025, and up 14.3% on a YoY basis from $26.1 million in Q1 2025.
CubeSmart (CUBE) Interest Expenses (2010 - 2026) Analysis & Trends
CubeSmart's Interest Expenses history runs 17 years deep, the most recent figure standing at $29.8 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 14.3% year-over-year to $29.8 million; the TTM figure through Mar 2026 stood at $117.8 million (up 25.35% YoY), while the FY2025 annual figure was $114.1 million, up 25.63% from the prior year.
- Interest Expenses was $29.8 million for Q1 2026 at CubeSmart, up from $29.5 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $29.8 million in Q1 2026 to a low of $22.4 million in Q4 2024.
- Historically, Interest Expenses has averaged $24.8 million across 5 years, with a median of $23.5 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses declined 3.94% in 2023, then surged 31.92% in 2025.
- A 5-year view of Interest Expenses shows it stood at $23.6 million in 2022, then slipped by 3.94% to $22.6 million in 2023, then slipped by 1.07% to $22.4 million in 2024, then jumped by 31.92% to $29.5 million in 2025, then rose by 1.02% to $29.8 million in 2026.
- The last three Interest Expenses figures came in at $29.8 million (Q1 2026), $29.5 million (Q4 2025), and $29.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 260.45 Mn |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 80.02 Mn |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | - |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 9.08 Mn |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | - |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 29.83 Mn |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | 26.60 Mn |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 35.89 Mn |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 8.99 Mn |
| 10 | Americold Realty Trust | 4.14 Bn | 4.14 Bn | 195.51 Mn | 41.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.83 Mn |
| Mar 31, 2026 | 29.83 Mn |
| Dec 31, 2025 | 29.53 Mn |
| Dec 31, 2025 | 29.53 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 | 26.10 Mn |
| Mar 31, 2025 | 26.10 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 | 22.92 Mn |
| Mar 31, 2024 | 22.92 Mn |
| Dec 31, 2023 | 22.63 Mn |
| Dec 31, 2023 | 22.63 Mn |