Extra Space Storage (EXR) Operating Expenses (2009 - 2026)

Extra Space Storage (EXR) has 18 years of Operating Expenses data on file, last reported at $488.5 million in Q1 2026.

• Quarterly Operating Expenses rose 4.59% year-over-year to $488.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 2.73% YoY) and the FY2025 annual result came in at $1.9 billion, up 1.76% from the prior year.
• Operating Expenses grew to $488.5 million in Q1 2026 per EXR's latest filing, 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.
• The 5-year median for Operating Expenses is $461.3 million (2024), against an average of $383.0 million.
• The widest annual swing landed in 2023, when Operating Expenses surged 95.79%; it then climbed 0.2% in 2025.
• Tracing EXR's Operating Expenses over 5 years: stood at $237.1 million in 2022, then jumped by 95.79% to $464.3 million in 2023, then advanced by 3.29% to $479.6 million in 2024, then rose by 0.2% to $480.5 million in 2025, then gained by 1.66% to $488.5 million in 2026.
• Per Business Quant, the three latest EXR Operating Expenses figures stand at $488.5 million (Q1 2026), $480.5 million (Q4 2025), and $474.2 million (Q3 2025).

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