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CubeSmart CUBE Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable

Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable at other companies

DigitalBridge Group logo
DigitalBridge GroupDBRG
$1.13M+251%
CubeSmart logo
CubeSmartCUBE
-$494K+45.4%
Centerspace logo
CenterspaceCSR
$0-100%
The RMR Group logo
The RMR GroupRMR
$4.55M-12.6%
The RMR Group logo
The RMR GroupRMR
$4.55M-12.6%
GCM Grosvenor Inc. logo
GCM Grosvenor Inc.GCMG
$864K+394%

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$9.42B+4.6%
Enterprise value$9.48B+4.6%
P/E29×+4.9×
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:NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable.

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 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
Diluted earnings per share attributable to common shareholders$0.36$0.39
Weighted average basic shares outstanding227,809228,663

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CubeSmart's noncontrolling interest in net income (loss) other noncontrolling interests, redeemable?
CubeSmart (CUBE) reported noncontrolling interest in net income (loss) other noncontrolling interests, redeemable of -$494K in Q1 2026.
How has CubeSmart's noncontrolling interest in net income (loss) other noncontrolling interests, redeemable changed year-over-year?
CubeSmart's noncontrolling interest in net income (loss) other noncontrolling interests, redeemable increased by 45.4% year-over-year, from -$905K to -$494K.
What is the long-term trend for CubeSmart's noncontrolling interest in net income (loss) other noncontrolling interests, redeemable?
Over 4 years (2021 to 2025), CubeSmart's noncontrolling interest in net income (loss) other noncontrolling interests, redeemable has grown at a 65.7% compound annual growth rate (CAGR), from -$542K to -$4.09M.
What does noncontrolling interest in net income (loss) other noncontrolling interests, redeemable mean?
This metric tracks the share of net income or loss allocated to redeemable non-controlling interests in entities other than the primary operating partnerships. It accounts for the financial claims of minority stakeholders in various subsidiaries or joint ventures.

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