The financials
Extra Space Storage by the numbers
Extra Space Storage (EXR) reported revenue of $874M in Q2 2026 (quarter ended June 30, 2026), up 3.9% from the same quarter a year earlier. That came with net income of $263M (30% of revenue). For the full year FY2025, revenue was $3.38B (+3.7% year on year) and net income $974M. Its largest segment in 2026-Q2 was Self Storage Operations at $746M, 89% of the disclosed total, just ahead of Tenant Reinsurance at 11%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $874M | $842M | +3.9% |
| Operating income | $392M | $374M | +4.9% |
| Net income | $263M | $250M | +5.5% |
| Diluted EPS | $1.25 | $1.18 | +5.9% |
| Operating | Revenue | Share |
|---|---|---|
| Self Storage Operations | $746M | 89% |
| Tenant Reinsurance | $93M | 11% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $839.2M (+2.1%)
Tenant Reinsurance grew +5.1% year on yearSelf Storage Operations +3.5% year on year
Segment Latestquarter on quarteryear on year
- Self Storage Operations$746.2M$746.2MQoQ +1.8%year on year +3.5%+1.8%+3.5%
- Tenant Reinsurance$93.1M$93.1MQoQ +4.4%year on year +5.1%+4.4%+5.1%
REIT - Industrial
Ranks #6 of 11 by Smart Score