CubeSmart (CUBE) Operating Expenses (2010 - 2026)

CubeSmart's Operating Expenses history runs 17 years deep, the most recent figure standing at $168.7 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 6.66% year-over-year to $168.7 million in Q1 2026; TTM through Mar 2026 was $684.7 million, a 14.53% increase from a year earlier, with the FY2025 full-year figure at $674.2 million, up 15.62% from the prior year.
• Operating Expenses eased to $168.7 million in Q1 2026 per CUBE's latest filing, from $171.6 million in the prior quarter.
• Across five years, Operating Expenses topped out at $174.0 million in Q3 2025 and bottomed at $135.8 million in Q4 2023.
• The 5-year median for Operating Expenses is $154.9 million (2022), against an average of $155.2 million.
• Across the five-year window, Operating Expenses jumped 33.1% in 2022 and dropped 18.8% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $154.9 million in 2022, then fell by 12.31% to $135.8 million in 2023, then gained by 5.75% to $143.6 million in 2024, then gained by 19.46% to $171.6 million in 2025, then decreased by 1.69% to $168.7 million in 2026.
• Per Business Quant, the three latest CUBE Operating Expenses figures stand at $168.7 million (Q1 2026), $171.6 million (Q4 2025), and $174.0 million (Q3 2025).