CubeSmart (CUBE) Operating Expenses (2010 - 2026)

CubeSmart has reported Operating Expenses for 17 years, with the latest figure at $169.1 million in Q2 2026.

• On a quarterly basis, Operating Expenses fell 0.77% year-over-year to $169.1 million in Q2 2026; TTM through Jun 2026 was $683.4 million, a 10.31% increase from a year earlier, with the FY2025 full-year figure at $674.2 million, up 15.62% from the prior year.
• Operating Expenses was $169.1 million for Q2 2026 at CubeSmart, roughly flat from $168.7 million in the prior quarter.
• The five-year high for Operating Expenses was $174.0 million in Q3 2025, with the low at $135.8 million in Q4 2023.
• Average Operating Expenses over 5 years is $155.9 million, with a median of $156.5 million recorded in 2022.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 33.1% in 2022, then slipped 18.8% in 2023.
• Over 5 years, Operating Expenses stood at $154.9 million in 2022, then retreated by 12.31% to $135.8 million in 2023, then advanced by 5.75% to $143.6 million in 2024, then advanced by 19.46% to $171.6 million in 2025, then retreated by 1.45% to $169.1 million in 2026.
• The last three Operating Expenses figures came in at $169.1 million (Q2 2026), $168.7 million (Q1 2026), and $171.6 million (Q4 2025), per Business Quant data.