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CubeSmart (CUBE) Operating Expenses (2016 - 2026)

CubeSmart (CUBE) has disclosed Operating Expenses for 17 consecutive years, with $168.7 million as the latest value for Q1 2026.

  • For Q1 2026, Operating Expenses rose 6.66% year-over-year to $168.7 million; the TTM value through Mar 2026 reached $684.7 million, up 14.53%, while the annual FY2025 figure was $674.2 million, 15.62% up from the prior year.
  • Operating Expenses hit $168.7 million in Q1 2026 for CubeSmart, down 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.
  • Average Operating Expenses over 5 years is $155.2 million, with a median of $154.9 million recorded in 2022.
  • Year-over-year, Operating Expenses soared 33.1% in 2022 and then fell 18.8% in 2023.
  • CubeSmart's Operating Expenses stood at $154.9 million in 2022, then dropped by 12.31% to $135.8 million in 2023, then increased by 5.75% to $143.6 million in 2024, then increased by 19.46% to $171.6 million in 2025, then fell by 1.69% to $168.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $168.7 million, $171.6 million, and $174.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.