Ancillary Operations — Revenue
Public Storage Ancillary Operations — Revenue increased by 3.2% to $89.62M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $80.19M to $89.62M. Over 4 years (FY 2021 to FY 2025), Ancillary Operations — Revenue shows an upward trend with a 12.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests successful cross-selling of tenant services or growth in third-party management contracts, while a decrease may indicate lower tenant engagement or reduced demand for supplemental products.
Detailed definition
This metric represents the total revenue generated from business activities outside of core self-storage rental operatio...
Peer comparison
Peers in the self-storage industry typically report this as 'ancillary revenue' or 'other property-related income,' with variations based on the breadth of insurance and retail offerings.
psa_segment_ancillary_operations_revenuesHistorical 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 | $52.32M | $54.42M | $54.60M | $56.43M | $58.76M | $60.76M | $60.19M | $62.05M | $63.65M | $65.10M | $67.28M | $71.18M | $73.48M | $77.64M | $77.33M | $80.19M | $82.44M | $85.21M | $86.87M | $89.62M |
| QoQ Change | — | +4.0% | +0.3% | +3.4% | +4.1% | +3.4% | -0.9% | +3.1% | +2.6% | +2.3% | +3.4% | +5.8% | +3.2% | +5.7% | -0.4% | +3.7% | +2.8% | +3.4% | +2.0% | +3.2% |
| YoY Change | — | — | — | — | +12.3% | +11.6% | +10.2% | +10.0% | +8.3% | +7.1% | +11.8% | +14.7% | +15.4% | +19.3% | +14.9% | +12.7% | +12.2% | +9.7% | +12.3% | +11.8% |
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Frequently Asked Questions
- What is Public Storage's ancillary operations — revenue?
- Public Storage (PSA) reported ancillary operations — revenue of $89.62M in Q1 2026.
- How has Public Storage's ancillary operations — revenue changed year-over-year?
- Public Storage's ancillary operations — revenue increased by 11.8% year-over-year, from $80.19M to $89.62M.
- What is the long-term trend for Public Storage's ancillary operations — revenue?
- Over 4 years (2021 to 2025), Public Storage's ancillary operations — revenue has grown at a 12.1% compound annual growth rate (CAGR), from $212.26M to $334.70M.
- What does ancillary operations — revenue mean?
- Revenue earned from non-rental services and products like insurance, packing supplies, and management fees.