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CubeSmart CUBE Business Segments — Profit Loss

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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$9.44B+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:ProfitLoss.

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
Equity in earnings of real estate ventures607379
Other(195)809
Total other expense(30,484)(26,133)
NET INCOME82,75088,745
Net income attributable to noncontrolling interests in the Operating Partnership(357)(453)
Net loss attributable to noncontrolling interests in subsidiaries494905
NET INCOME ATTRIBUTABLE TO THE COMPANY$82,887$89,197
Basic earnings per share attributable to common shareholders$0.36$0.39

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CubeSmart's business segments — profit loss?
CubeSmart (CUBE) reported business segments — profit loss of $82.75M in Q1 2026.
How has CubeSmart's business segments — profit loss changed year-over-year?
CubeSmart's business segments — profit loss decreased by 6.8% year-over-year, from $88.75M to $82.75M.
What is the long-term trend for CubeSmart's business segments — profit loss?
Over 3 years (2022 to 2025), CubeSmart's business segments — profit loss has grown at a 4.2% compound annual growth rate (CAGR), from $292.47M to $331.32M.
What does business segments — profit loss mean?
The bottom-line financial result for the self-storage segment after accounting for all revenues, operating expenses, interest, and non-operating items. It serves as the primary measure of the segment's overall economic contribution to the enterprise.

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