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CubeSmart CUBE Business Segments — Cost Of Other Property Operating Expense

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Other financials

Income statement

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Revenue$281.9M+3.3%
Gross profit$191.9M+0.9%
Net income$82.8M-6.8%
EPS (diluted)$0.36-7.7%

Balance sheet

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Cash & equivalents$7.3M-32.5%
Total debt$65.5M-0.2%
Total equity$2.6B-6.9%
Total assets$6.6B-2.1%

Cash flow

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Operating cash flow$148.8M+1.7%

Valuation

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Market cap$9.45B+4.9%
Enterprise value$9.5B+4.8%
P/E29×+5.0×
P/S8.3×+0.1×

Profitability

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Gross margin68.3%-1.6pp
Operating margin37.8%
Net margin28.7%-7.1pp

Returns & leverage

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Return on equity11.8%-1.9pp
Debt / equity0.0×

Where this comes from

Reported directly by CubeSmart in its filing.

Tagged under the XBRL concept us-gaap:CostOfOtherPropertyOperatingExpense.

The source filing: CubeSmart’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001298675-26-000018
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Repair and maintenance3,0822,864
Utilities7,1846,669
Property insurance3,4494,173
Other property operating expenses16,54313,248
Total property operating expenses90,06882,934
Depreciation and amortization61,43859,156
General and administrative17,18916,068
Interest expense on loans29,83126,100

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CubeSmart's business segments — cost of other property operating expense?
CubeSmart (CUBE) reported business segments — cost of other property operating expense of $16.54M in Q1 2026.
How has CubeSmart's business segments — cost of other property operating expense changed year-over-year?
CubeSmart's business segments — cost of other property operating expense increased by 24.9% year-over-year, from $13.25M to $16.54M.
What is the long-term trend for CubeSmart's business segments — cost of other property operating expense?
Over 3 years (2022 to 2025), CubeSmart's business segments — cost of other property operating expense has grown at a 6.5% compound annual growth rate (CAGR), from $45.3M to $54.8M.
What does business segments — cost of other property operating expense mean?
Miscellaneous operating costs associated with the self-storage segment that do not fall into specific categories like taxes or utilities. This includes items such as office supplies, security services, and site-level administrative costs.

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