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.

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$9.2B-14.5%

Enterprise value$9.26B-14.4%

P/E28.3×+0.4×

P/S8.1×-1.9×

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 / equity0×0.0×

Where this comes from

Reported directly by CubeSmart in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfCommonStock.

The official record: CubeSmart’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.