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CubeSmart CUBE Business Segments — Gains Losses On Extinguishment Of Debt

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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:GainsLossesOnExtinguishmentOfDebt.

The source filing: CubeSmart’s 10-K, filed February 27, 2026.

Filed
Feb 26, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001298675-26-000010
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Depreciation and amortization258,151205,703201,238
General and administrative64,65559,66357,041
Interest expense on loans114,09990,82093,065
Loan procurement amortization expense4,9724,0674,141
Loss on early extinguishment of debt3,692
Equity in earnings of real estate ventures(2,460)(2,499)(6,085)
Other(2,721)(1,158)(6,281)
Net income$331,317$391,885$412,435

ITEM 16. FORM 10-K SUMMARY

FAQ

What is CubeSmart's business segments — gains losses on extinguishment of debt?
CubeSmart (CUBE) reported business segments — gains losses on extinguishment of debt of -$923K in Q4 2025.
What does business segments — gains losses on extinguishment of debt mean?
The financial impact resulting from the early retirement or refinancing of debt obligations associated with the self-storage segment. This captures the difference between the reacquisition price of debt and its net carrying amount.

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