KPIs & Operating Metrics(New)

Extra Space Storage (EXR) Operating Leases (2019 - 2026)

Extra Space Storage (EXR) has disclosed Operating Leases for 8 consecutive years, with $769.7 million as the latest value for Q1 2026.

  • For Q1 2026, Operating Leases rose 9.22% year-over-year to $769.7 million; the TTM value through Mar 2026 reached $769.7 million, up 9.22%, while the annual FY2025 figure was $761.1 million, 7.83% up from the prior year.
  • Operating Leases hit $769.7 million in Q1 2026 for Extra Space Storage, up from $761.1 million in the prior quarter.
  • Across five years, Operating Leases topped out at $769.7 million in Q1 2026 and bottomed at $228.3 million in Q2 2023.
  • Average Operating Leases over 5 years is $440.9 million, with a median of $242.4 million recorded in 2023.
  • Year-over-year, Operating Leases fell 4.22% in 2023 and then soared 224.34% in 2025.
  • Extra Space Storage's Operating Leases stood at $229.0 million in 2022, then increased by 3.27% to $236.5 million in 2023, then surged by 198.44% to $705.8 million in 2024, then grew by 7.83% to $761.1 million in 2025, then rose by 1.13% to $769.7 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods came in at $769.7 million, $761.1 million, and $757.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.