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CubeSmart CUBE Business Segments — Revenue

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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:Revenues.

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
Rental income$239,925$232,765
Other property related income32,07229,766
Property management fee income9,93210,505
Total revenues281,929273,036
OPERATING EXPENSES
Property operating expenses90,06882,934
Depreciation and amortization61,43859,156
General and administrative17,18916,068

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CubeSmart's business segments — revenue?
CubeSmart (CUBE) reported business segments — revenue of $281.93M in Q1 2026.
How has CubeSmart's business segments — revenue changed year-over-year?
CubeSmart's business segments — revenue increased by 3.3% year-over-year, from $273.04M to $281.93M.
What is the long-term trend for CubeSmart's business segments — revenue?
Over 3 years (2022 to 2025), CubeSmart's business segments — revenue has grown at a 3.6% compound annual growth rate (CAGR), from $1.01B to $1.12B.
What does business segments — revenue mean?
Total gross income generated from the rental of self-storage units and related services within the core business segment. This represents the primary top-line performance indicator for the company's storage operations before accounting for operating expenses.

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