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Extra Space Storage (EXR) Operating Expenses (2016 - 2026)

Extra Space Storage (EXR) has disclosed Operating Expenses for 18 consecutive years, with $488.5 million as the latest value for Q1 2026.

  • For Q1 2026, Operating Expenses rose 4.59% year-over-year to $488.5 million; the TTM value through Mar 2026 reached $1.9 billion, up 2.73%, while the annual FY2025 figure was $1.9 billion, 1.76% up from the prior year.
  • Operating Expenses hit $488.5 million in Q1 2026 for Extra Space Storage, up from $480.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $488.5 million in Q1 2026 and bottomed at $208.3 million in Q1 2022.
  • Average Operating Expenses over 5 years is $383.0 million, with a median of $461.3 million recorded in 2024.
  • Year-over-year, Operating Expenses soared 95.79% in 2023 and then grew 0.2% in 2025.
  • Extra Space Storage's Operating Expenses stood at $237.1 million in 2022, then soared by 95.79% to $464.3 million in 2023, then grew by 3.29% to $479.6 million in 2024, then increased by 0.2% to $480.5 million in 2025, then rose by 1.66% to $488.5 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $488.5 million, $480.5 million, and $474.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.