CubeSmart (CUBE) Operating Income (2010 - 2026)

CubeSmart's (CUBE) quarterly Operating Income came in at $23.2 million in Q1 2026, down 27.48% year-on-year from $31.9 million in Q1 2025, and up 2.97% quarter-over-quarter from $22.5 million in Q4 2025.

CubeSmart (CUBE) Operating Income (2010 - 2026) Analysis & Trends

CubeSmart's Operating Income history runs 17 years deep, the most recent figure standing at $23.2 million for Q1 2026.

  • On a quarterly basis, Operating Income fell 27.48% year-over-year to $23.2 million in Q1 2026; TTM through Mar 2026 was $88.7 million, a 43.25% decrease from a year earlier, with the FY2025 full-year figure at $97.5 million, down 41.04% from the prior year.
  • Operating Income improved to $23.2 million in Q1 2026 per CUBE's latest filing, from $22.5 million in the prior quarter.
  • Across five years, Operating Income topped out at $58.0 million in Q4 2023 and bottomed at $349000.0 in Q1 2022.
  • The 5-year median for Operating Income is $33.6 million (2022), against an average of $32.1 million.
  • Across the five-year window, Operating Income plunged 78.96% in 2022 and soared 14017.77% in 2023, its largest moves.
  • Year by year, Operating Income stood at $33.6 million in 2022, then surged by 72.71% to $58.0 million in 2023, then slipped by 16.67% to $48.3 million in 2024, then tumbled by 53.46% to $22.5 million in 2025, then gained by 2.97% to $23.2 million in 2026.
  • Per Business Quant, the three latest CUBE Operating Income figures stand at $23.2 million (Q1 2026), $22.5 million (Q4 2025), and $20.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Prologis 136.32 Bn 136.32 Bn 2.24 Bn 1.63 Bn
2 Public Storage 57.65 Bn 57.52 Bn 1.18 Bn 474.28 Mn
3 Extra Space Storage 31.63 Bn 31.63 Bn 617.72 Mn 367.55 Mn
4 Eastgroup Properties 11.40 Bn 11.40 Bn 193.10 Mn 78.57 Mn
5 CubeSmart 9.73 Bn 9.73 Bn 191.86 Mn 23.17 Mn
6 Lineage 9.53 Bn 9.46 Bn 417.00 Mn 36.00 Mn
7 Rexford Industrial Realty 8.92 Bn 8.87 Bn - -
8 STAG Industrial 7.84 Bn 7.84 Bn - -
9 Terreno Realty 7.65 Bn 7.65 Bn - -
10 Americold Realty Trust 4.19 Bn 4.15 Bn 195.51 Mn 14.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.17 Mn
Dec 31, 2025 22.50 Mn
Sep 30, 2025 20.19 Mn
Jun 30, 2025 22.86 Mn
Mar 31, 2025 31.94 Mn
Dec 31, 2024 48.34 Mn
Sep 30, 2024 41.68 Mn
Jun 30, 2024 34.36 Mn
Mar 31, 2024 40.99 Mn
Dec 31, 2023 58.01 Mn
Sep 30, 2023 48.74 Mn
Jun 30, 2023 46.48 Mn
Mar 31, 2023 49.27 Mn
Dec 31, 2022 33.59 Mn
Sep 30, 2022 14.99 Mn
Jun 30, 2022 8.95 Mn
Mar 31, 2022 349,000.00
Dec 31, 2021 14.33 Mn
Sep 30, 2021 16.47 Mn
Jun 30, 2021 6.05 Mn