Extra Space Storage (EXR) Gross Margin (2009 - 2026)

Extra Space Storage (EXR) has reported Gross Margin for 18 consecutive years, with 73.49% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 54.0% year-over-year to 73.49% in Q2 2026; TTM through Jun 2026 was 72.81%, a 55.0% decrease from a year earlier, with the FY2025 full-year figure at 72.82%, down 165.0% from the prior year.
• Gross Margin was 73.49% for Q2 2026 at Extra Space Storage, up from 72.16% in the prior quarter.
• Over five years, Gross Margin peaked at 78.05% in Q2 2022 and troughed at 72.16% in Q1 2026.
• A 5-year average of 74.96% and a median of 74.95% in 2024 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin surged 240 bps in 2022 and tumbled 276 bps in 2025, its largest moves.
• Over 5 years, Gross Margin stood at 77.71% in 2022, then fell by 3 bps to 75.55% in 2023, then declined by 3 bps to 73.1% in 2024, then decreased by 0 bps to 73.01% in 2025, then increased by 1 bps to 73.49% in 2026.
• The last three Gross Margin figures came in at 73.49% (Q2 2026), 72.16% (Q1 2026), and 73.01% (Q4 2025), per Business Quant data.