CubeSmart (CUBE) Notes Payables (2010 - 2026)
CubeSmart (CUBE) posted Notes Payables of $97.6 million for Q2 2026, down 0.62% on a QoQ basis from $98.2 million in Q1 2026, and down 52.39% year-over-year from $205.1 million in Q2 2025.
Analysis
CubeSmart (CUBE) Notes Payables (2010 - 2026) Analysis & Trends
CubeSmart has reported Notes Payables for 17 years, with the latest figure at $97.6 million in Q2 2026.
- On a quarterly basis, Notes Payables fell 52.39% year-over-year to $97.6 million in Q2 2026; TTM through Jun 2026 was $97.6 million, a 52.39% decrease from a year earlier, with the FY2025 full-year figure at $98.9 million, down 51.99% from the prior year.
- Notes Payables was $97.6 million for Q2 2026 at CubeSmart, down from $98.2 million in the prior quarter.
- The five-year high for Notes Payables was $205.9 million in Q4 2024, with the low at $94.8 million in Q3 2024.
- Average Notes Payables over 5 years is $146.7 million, with a median of $145.9 million recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Notes Payables surged 115.94% in 2025, then plunged 52.39% in 2026.
- Over 5 years, Notes Payables stood at $162.9 million in 2022, then slipped by 21.32% to $128.2 million in 2023, then soared by 60.64% to $205.9 million in 2024, then plunged by 51.99% to $98.9 million in 2025, then fell by 1.24% to $97.6 million in 2026.
- The last three Notes Payables figures came in at $97.6 million (Q2 2026), $98.2 million (Q1 2026), and $98.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Public Storage | 53.04 Bn | 52.88 Bn | 1.20 Bn |
| 2 | Extra Space Storage | 29.41 Bn | 30.29 Bn | 642.43 Mn |
| 3 | CubeSmart | 8.91 Bn | 8.94 Bn | 190.47 Mn |
| 4 | SmartStop Self Storage REIT | 1.80 Bn | 1.86 Bn | 47.65 Mn |
| 5 | Global Self Storage | 59.62 Mn | 59.62 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.64 Mn |
| Mar 31, 2026 | 98.25 Mn |
| Dec 31, 2025 | 98.86 Mn |
| Sep 30, 2025 | 204.68 Mn |
| Jun 30, 2025 | 205.09 Mn |
| Mar 31, 2025 | 205.50 Mn |
| Dec 31, 2024 | 205.92 Mn |
| Sep 30, 2024 | 94.79 Mn |
| Jun 30, 2024 | 95.39 Mn |
| Mar 31, 2024 | 127.24 Mn |
| Dec 31, 2023 | 128.19 Mn |
| Sep 30, 2023 | 129.13 Mn |
| Jun 30, 2023 | 130.07 Mn |
| Mar 31, 2023 | 161.71 Mn |
| Dec 31, 2022 | 162.92 Mn |
| Sep 30, 2022 | 164.12 Mn |
| Jun 30, 2022 | 165.31 Mn |
| Mar 31, 2022 | 166.49 Mn |
| Dec 31, 2021 | 167.68 Mn |
| Sep 30, 2021 | 168.86 Mn |