Public Storage (PSA) Cost of Revenue (2014 - 2026)

Public Storage's Cost of Revenue history runs 13 years deep, the most recent figure standing at $34.3 million for Q1 2026.

• On a quarterly basis, Cost of Revenue rose 11.63% year-over-year to $34.3 million in Q1 2026; TTM through Mar 2026 was $136.5 million, a 9.29% increase from a year earlier, with the FY2025 full-year figure at $132.9 million, up 9.61% from the prior year.
• Cost of Revenue improved to $34.3 million in Q1 2026 per PSA's latest filing, from $32.6 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $36.4 million in Q3 2025 and bottomed at $15.5 million in Q1 2022.
• The 5-year median for Cost of Revenue is $27.1 million (2024), against an average of $26.3 million.
• Across the five-year window, Cost of Revenue retreated 4.92% in 2022 and surged 61.94% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $18.4 million in 2022, then increased by 24.77% to $23.0 million in 2023, then soared by 41.14% to $32.4 million in 2024, then gained by 0.52% to $32.6 million in 2025, then advanced by 5.2% to $34.3 million in 2026.
• Per Business Quant, the three latest PSA Cost of Revenue figures stand at $34.3 million (Q1 2026), $32.6 million (Q4 2025), and $36.4 million (Q3 2025).