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CubeSmart CUBE Retained Earnings

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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:RetainedEarningsAccumulatedDeficit.

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 itemMarch 31, 2026December 31, 2025
Common shares $.01 par value, 400,000,000 shares authorized, 226,465,557 and 227,269,217 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively2,2652,273
Additional paid-in capital4,304,2544,302,554
Accumulated other comprehensive loss(229)(249)
Accumulated deficit(1,657,027)(1,585,135)
Total CubeSmart shareholders’ equity2,649,2632,719,443
Noncontrolling interests in subsidiaries19,32426,466
Total equity2,668,5872,745,909
Total liabilities and equity$6,598,136$6,643,193

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CubeSmart's retained earnings?
CubeSmart (CUBE) reported retained earnings of -$1.66B in Q1 2026.
How has CubeSmart's retained earnings changed year-over-year?
CubeSmart's retained earnings decreased by 14.6% year-over-year, from -$1.45B to -$1.66B.
What is the long-term trend for CubeSmart's retained earnings?
Over 5 years (2020 to 2025), CubeSmart's retained earnings has grown at a 10.2% compound annual growth rate (CAGR), from -$974.8M to -$1.59B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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