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CubeSmart CUBE Business Segments — General And Administrative 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:GeneralAndAdministrativeExpense.

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
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
Loan procurement amortization expense1,0651,221
Equity in earnings of real estate ventures(607)(379)
Other195(809)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CubeSmart's business segments — general and administrative expense?
CubeSmart (CUBE) reported business segments — general and administrative expense of $17.19M in Q1 2026.
How has CubeSmart's business segments — general and administrative expense changed year-over-year?
CubeSmart's business segments — general and administrative expense increased by 7.0% year-over-year, from $16.07M to $17.19M.
What is the long-term trend for CubeSmart's business segments — general and administrative expense?
Over 3 years (2022 to 2025), CubeSmart's business segments — general and administrative expense has grown at a 5.8% compound annual growth rate (CAGR), from $54.62M to $64.66M.
What does business segments — general and administrative expense mean?
Represents the overhead costs associated with managing the self-storage business segment that are not directly tied to specific property operations. This includes corporate-level support, executive compensation, and administrative functions required to maintain the segment's organizational structure.

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