The financials
Public Storage by the numbers
Public Storage (PSA) reported revenue of $1.23B in Q2 2026 (quarter ended June 30, 2026), up 2.6% from the same quarter a year earlier. That came with net income of $500M (41% of revenue). For the full year FY2025, revenue was $4.82B (+2.7% year on year) and net income $1.78B. Its largest product in 2026-Q1 was Self Storage Operations at $1.13B, 93% of the disclosed total, just ahead of Ancillary Operations at 7.4%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.23B | $1.20B | +2.6% |
| Operating income | $467M | $500M | −6.7% |
| Net income | $500M | $358M | +39% |
| Diluted EPS | $2.55 | $1.76 | +45% |
| Product | Revenue | Share |
|---|---|---|
| Self Storage Operations | $1.13B | 93% |
| Ancillary Operations | $90M | 7.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.22B (-0.51%)
Ancillary Operations grew +12% year on yearSelf Storage Operations +2.3% year on year
Segment Latestquarter on quarteryear on year
- Self Storage Operations$1.13B$1.13BQoQ -0.94%year on year +2.3%-0.94%+2.3%
- Ancillary Operations$89.6M$89.6MQoQ +5.2%year on year +12%+5.2%+12%
REIT - Industrial
Ranks #1 of 11 by Smart Score