CubeSmart (CUBE) Net Income (2010 - 2026)
CubeSmart (CUBE) posted quarterly Net Income of $89.5 million for Q2 2026, up 8.53% year-over-year from $82.4 million in Q2 2025, and up 8.11% on a QoQ basis from $82.8 million in Q1 2026.
CubeSmart (CUBE) Net Income (2010 - 2026) Analysis & Trends
CubeSmart has reported Net Income for 17 years, with the latest figure at $89.5 million in Q2 2026.
- Net Income for Q2 2026 came in at $89.5 million, up 8.53% year-over-year; the trailing twelve-month figure through Jun 2026 was $332.3 million (down 11.14% YoY), and the FY2025 annual result was $331.3 million, down 15.46% from the prior year.
- Net Income climbed to $89.5 million in Q2 2026, from $82.8 million in the prior quarter.
- Over five years, Net Income peaked at $113.4 million in Q3 2022 and troughed at $38.3 million in Q1 2022.
- A 5-year average of $88.9 million and a median of $91.8 million in 2024 frame the typical range for Net Income.
- The widest annual swing landed in 2023, when Net Income soared 156.57%; it then declined 23.72% in 2025.
- A 5-year view of Net Income shows it stood at $82.2 million in 2022, then soared by 37.68% to $113.1 million in 2023, then dropped by 9.94% to $101.9 million in 2024, then retreated by 23.72% to $77.7 million in 2025, then increased by 15.1% to $89.5 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were $89.5 million in Q2 2026, $82.8 million in Q1 2026, and $77.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.18 Bn | 131.18 Bn | 2.41 Bn | 1.12 Bn |
| 2 | Public Storage | 56.71 Bn | 56.45 Bn | 1.20 Bn | 502.94 Mn |
| 3 | Extra Space Storage | 31.13 Bn | 31.13 Bn | 642.43 Mn | 259.44 Mn |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn | 69.58 Mn |
| 5 | Lineage | 9.47 Bn | 9.41 Bn | 425.00 Mn | -32.00 Mn |
| 6 | CubeSmart | 9.34 Bn | 9.34 Bn | 190.47 Mn | 89.46 Mn |
| 7 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | - |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - | - |
| 9 | STAG Industrial | 6.97 Bn | 6.97 Bn | - | - |
| 10 | Americold Realty Trust | 4.33 Bn | 4.29 Bn | 212.69 Mn | -346.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 89.46 Mn |
| Mar 31, 2026 | 82.75 Mn |
| Dec 31, 2025 | 77.72 Mn |
| Sep 30, 2025 | 82.42 Mn |
| Jun 30, 2025 | 82.43 Mn |
| Mar 31, 2025 | 88.75 Mn |
| Dec 31, 2024 | 101.89 Mn |
| Sep 30, 2024 | 100.95 Mn |
| Jun 30, 2024 | 94.19 Mn |
| Mar 31, 2024 | 94.86 Mn |
| Dec 31, 2023 | 113.14 Mn |
| Sep 30, 2023 | 103.07 Mn |
| Jun 30, 2023 | 98.28 Mn |
| Mar 31, 2023 | 98.18 Mn |
| Dec 31, 2022 | 82.17 Mn |
| Sep 30, 2022 | 112.89 Mn |
| Jun 30, 2022 | 58.36 Mn |
| Mar 31, 2022 | 38.16 Mn |
| Dec 31, 2021 | 46.56 Mn |
| Sep 30, 2021 | 87.65 Mn |