Extra Space Storage (EXR) Operating Income (2009 - 2026)
Extra Space Storage (EXR) reported Operating Income of $367.6 million for Q1 2026, down 5.45% year-over-year from $388.7 million in Q1 2025, and down 0.89% quarter-over-quarter from $370.9 million in Q4 2025.
Extra Space Storage (EXR) Operating Income (2009 - 2026) Analysis & Trends
Extra Space Storage (EXR) has 18 years of Operating Income data on file, last reported at $367.6 million in Q1 2026.
- Operating Income for Q1 2026 came in at $367.6 million, down 5.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 1.11% YoY), and the FY2025 annual result was $1.4 billion, up 6.75% from the prior year.
- Operating Income declined to $367.6 million in Q1 2026 per EXR's latest filing, from $370.9 million in the prior quarter.
- Over five years, Operating Income peaked at $388.7 million in Q1 2025 and troughed at $235.3 million in Q1 2022.
- A 5-year average of $313.2 million and a median of $302.7 million in 2024 frame the typical range for Operating Income.
- On a YoY basis, Operating Income climbed as much as 40.05% in 2022 and fell as far as 13.54% in 2022.
- A 5-year view of Operating Income shows it stood at $269.6 million in 2022, then climbed by 23.7% to $333.5 million in 2023, then increased by 13.96% to $380.0 million in 2024, then decreased by 2.41% to $370.9 million in 2025, then slipped by 0.89% to $367.6 million in 2026.
- Business Quant data shows EXR's Operating Income at $367.6 million in Q1 2026, $370.9 million in Q4 2025, and $279.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 130.63 Bn | 133.96 Bn | 2.24 Bn | 1.63 Bn |
| 2 | Public Storage | 55.83 Bn | 55.80 Bn | 1.18 Bn | 474.28 Mn |
| 3 | Extra Space Storage | 30.65 Bn | 31.49 Bn | -204.61 Mn | 367.55 Mn |
| 4 | Eastgroup Properties | 10.66 Bn | 10.66 Bn | 190.03 Mn | 76.17 Mn |
| 5 | Lineage | 9.39 Bn | 10.29 Bn | 417.00 Mn | 36.00 Mn |
| 6 | CubeSmart | 9.24 Bn | 9.27 Bn | 191.86 Mn | 23.17 Mn |
| 7 | Rexford Industrial Realty | 7.56 Bn | 7.94 Bn | - | - |
| 8 | STAG Industrial | 7.23 Bn | 7.30 Bn | - | - |
| 9 | Terreno Realty | 6.74 Bn | 6.74 Bn | - | - |
| 10 | Americold Realty Trust | 4.04 Bn | 4.04 Bn | 195.51 Mn | 14.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 367.55 Mn |
| Dec 31, 2025 | 370.87 Mn |
| Sep 30, 2025 | 279.12 Mn |
| Jun 30, 2025 | 373.97 Mn |
| Mar 31, 2025 | 388.73 Mn |
| Dec 31, 2024 | 380.03 Mn |
| Sep 30, 2024 | 302.74 Mn |
| Jun 30, 2024 | 304.76 Mn |
| Mar 31, 2024 | 335.83 Mn |
| Dec 31, 2023 | 333.47 Mn |
| Sep 30, 2023 | 299.79 Mn |
| Jun 30, 2023 | 273.34 Mn |
| Mar 31, 2023 | 263.54 Mn |
| Dec 31, 2022 | 269.57 Mn |
| Sep 30, 2022 | 269.86 Mn |
| Jun 30, 2022 | 275.67 Mn |
| Mar 31, 2022 | 235.31 Mn |
| Dec 31, 2021 | 311.77 Mn |
| Sep 30, 2021 | 226.28 Mn |
| Jun 30, 2021 | 196.83 Mn |