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CubeSmart CUBE Gain (loss) on extinguishment of debt

Gain (loss) on extinguishment of debt at other companies

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Segments

By segment

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Self Storage-$3.69M

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 itemFor the year ended December 31, 2025For the year ended December 31, 2024For the year ended December 31, 2023
Interest:
Interest expense on loans(114,099)(90,820)(93,065)
Loan procurement amortization expense(4,972)(4,067)(4,141)
Loss on early extinguishment of debt(3,692)
Equity in earnings of real estate ventures2,4602,4996,085
Other2,7211,1586,281
Total other expense(117,582)(91,230)(84,840)
NET INCOME331,317391,885412,435

ITEM 16. FORM 10-K SUMMARY

FAQ

What is CubeSmart's gain (loss) on extinguishment of debt?
CubeSmart (CUBE) reported gain (loss) on extinguishment of debt of -$923K in Q4 2025.
What does gain (loss) on extinguishment of debt mean?
Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.

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