Self-Storage Operations was Extra Space Storage’s largest segment in fiscal 2025, bringing in $2.90B of $3.25B (89%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Self-Storage Operations | $2.22B | $2.80B | $2.90B | ||||||
| Rental Operations | — | — | — | ||||||
| Realestaterevenuenet | — | — | — | ||||||
| Real Estate Revenue, Net | — | — | — | ||||||
| Tenant Reinsurance | $235.68M | $332.80M | $352.88M | ||||||
| Property Management Acquisition & Development | — | — | — | ||||||
| Total | $2.46B | $3.14B | $3.25B |
Extra Space Storage brought in $3.25B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 3.6% from $3.14B in fiscal 2024. Self-Storage Operations was the largest at $2.90B (89.1%), ahead of Tenant Reinsurance at $352.88M (10.9%).
Compared with fiscal 2024, Tenant Reinsurance grew 6.0% to $352.88M and Self-Storage Operations grew 3.3% to $2.90B. From fiscal 2023 to 2025, combined revenue from these segments grew from $2.46B to $3.25B, a compound annual growth rate of 14.9%. Self-Storage Operations' share of the total fell from 90.4% to 89.1%.
Extra Space Storage (EXR) reports its revenue by segment. In fiscal 2025, Self-Storage Operations was its largest segment, bringing in $2.90B (89.1% of the total), followed by Tenant Reinsurance at $352.88M (10.9%).
Self-Storage Operations was Extra Space Storage's largest segment in fiscal 2025, bringing in $2.90B, or 89.1% of the $3.25B total across its two segments.
Tenant Reinsurance grew faster than Self-Storage Operations in fiscal 2025, up 6.0% from $332.80M to $352.88M. Self-Storage Operations grew 3.3% to $2.90B.
Every figure comes from Extra Space Storage's annual financial filings, as reported. Each line keeps the name Extra Space Storage gives it, and years follow its fiscal calendar.
Extra Space Storage's revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.