Ancillary operations — Operating Income (Loss)
Public Storage Ancillary operations — Operating Income (Loss) increased by 1.9% to $55.35M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $49.49M to $55.35M. Over 4 years (FY 2021 to FY 2025), Ancillary operations — Operating Income (Loss) shows an upward trend with a 8.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates higher profitability from value-added services, while a decrease suggests rising costs or declining demand for these ancillary offerings.
Detailed definition
This metric represents the operating profit or loss generated specifically by ancillary business activities, such as mer...
Peer comparison
Peers in the self-storage industry often report similar figures under 'other revenue' or 'ancillary services' segments, typically showing high margins due to the service-based nature of these offerings.
psa_segment_ancillary_operations_operating_income_lossHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $36.33M | $34.69M | $38.08M | $40.92M | $41.55M | $39.19M | $41.79M | $42.37M | $41.45M | $43.94M | $44.32M | $44.11M | $45.93M | $43.38M | $44.93M | $49.49M | $49.15M | $48.82M | $54.30M | $55.35M |
| QoQ Change | — | -4.5% | +9.8% | +7.5% | +1.5% | -5.7% | +6.6% | +1.4% | -2.2% | +6.0% | +0.9% | -0.5% | +4.1% | -5.6% | +3.6% | +10.2% | -0.7% | -0.7% | +11.2% | +1.9% |
| YoY Change | — | — | — | — | +14.4% | +13.0% | +9.7% | +3.6% | -0.2% | +12.1% | +6.1% | +4.1% | +10.8% | -1.3% | +1.4% | +12.2% | +7.0% | +12.5% | +20.9% | +11.8% |
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Frequently Asked Questions
- What is Public Storage's ancillary operations — operating income (loss)?
- Public Storage (PSA) reported ancillary operations — operating income (loss) of $55.35M in Q1 2026.
- How has Public Storage's ancillary operations — operating income (loss) changed year-over-year?
- Public Storage's ancillary operations — operating income (loss) increased by 11.8% year-over-year, from $49.49M to $55.35M.
- What is the long-term trend for Public Storage's ancillary operations — operating income (loss)?
- Over 4 years (2021 to 2025), Public Storage's ancillary operations — operating income (loss) has grown at a 8.9% compound annual growth rate (CAGR), from $143.69M to $201.76M.
- What does ancillary operations — operating income (loss) mean?
- The operating profit or loss generated by non-core business activities like insurance and merchandise sales.