CubeSmart CUBE
NYSE CUBE
$38.90 -0.76 (-1.93%)
As of: Sep 9, 2026 · 3:59 PM EDT

CubeSmart (CUBE) Operating Income (2010 - 2026)

CubeSmart (CUBE) posted Operating Income of $21.4 million for Q2 2026, down 7.77% on a QoQ basis from $23.2 million in Q1 2026, and down 6.55% year-over-year from $22.9 million in Q2 2025.

Analysis

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

CubeSmart has reported Operating Income for 17 years, with the latest figure at $21.4 million in Q2 2026.

  • On a quarterly basis, Operating Income fell 6.55% year-over-year to $21.4 million in Q2 2026; TTM through Jun 2026 was $87.2 million, a 39.78% decrease from a year earlier, with the FY2025 full-year figure at $97.5 million, down 41.04% from the prior year.
  • Operating Income was $21.4 million for Q2 2026 at CubeSmart, down from $23.2 million in the prior quarter.
  • The five-year high for Operating Income was $58.0 million in Q4 2023, with the low at $349000.0 in Q1 2022.
  • Average Operating Income over 5 years is $31.5 million, with a median of $32.8 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Income tumbled 78.96% in 2022, then surged 14017.77% in 2023.
  • Over 5 years, Operating Income stood at $33.6 million in 2022, then soared by 72.71% to $58.0 million in 2023, then dropped by 16.67% to $48.3 million in 2024, then plunged by 53.46% to $22.5 million in 2025, then declined by 5.04% to $21.4 million in 2026.
  • The last three Operating Income figures came in at $21.4 million (Q2 2026), $23.2 million (Q1 2026), and $22.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Public Storage 51.71 Bn 51.45 Bn 1.20 Bn 466.68 Mn
2 Extra Space Storage 28.65 Bn 28.65 Bn 642.43 Mn 392.18 Mn
3 CubeSmart 8.83 Bn 8.83 Bn 190.47 Mn 21.37 Mn
4 SmartStop Self Storage REIT 1.76 Bn 1.72 Bn 47.65 Mn 17.88 Mn
5 Global Self Storage 58.24 Mn 58.24 Mn - 693,788.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.37 Mn
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