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CubeSmart CUBE Share Buybacks

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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:PaymentsForRepurchaseOfCommonStock.

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
Revolving credit facility(227,085)(195,189)
Mortgage loans and notes payable(308)(301)
Issuance of common shares, net(20)(167)
Repurchase of common shares(33,382)
Payments upon net settlement of equity compensation(2,172)(3,047)
Exercise of stock options608
Redemption of units for cash(681)
Contributions from noncontrolling interests in subsidiaries11

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CubeSmart's share buybacks?
CubeSmart (CUBE) reported share buybacks of $33.38M in Q1 2026.
How has CubeSmart's share buybacks changed year-over-year?
CubeSmart's share buybacks increased by 318.4% year-over-year, from $7.98M to $33.38M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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