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CubeSmart CUBE Business Segments — Other Nonoperating Income 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:OtherNonoperatingIncomeExpense.

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
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)
Net income$82,750$88,745

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CubeSmart's business segments — other nonoperating income expense?
CubeSmart (CUBE) reported business segments — other nonoperating income expense of -$195K in Q1 2026.
How has CubeSmart's business segments — other nonoperating income expense changed year-over-year?
CubeSmart's business segments — other nonoperating income expense decreased by 124.1% year-over-year, from $809K to -$195K.
What is the long-term trend for CubeSmart's business segments — other nonoperating income expense?
Over 3 years (2022 to 2025), CubeSmart's business segments — other nonoperating income expense has grown at a -35.9% compound annual growth rate (CAGR), from -$10.36M to $2.72M.
What does business segments — other nonoperating income expense mean?
Residual income or expenses that are not derived from the core self-storage operations, such as incidental asset sales, legal settlements, or minor currency fluctuations. It isolates non-recurring or peripheral financial items from the primary business performance.

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