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CubeSmart CUBE Total costs & expenses

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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:CostsAndExpenses.

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
Property operating expenses90,06882,934
Depreciation and amortization61,43859,156
General and administrative17,18916,068
Total operating expenses168,695158,158
OTHER (EXPENSE) INCOME
Interest:
Interest expense on loans(29,831)(26,100)
Loan procurement amortization expense(1,065)(1,221)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CubeSmart's total costs & expenses?
CubeSmart (CUBE) reported total costs & expenses of $168.7M in Q1 2026.
How has CubeSmart's total costs & expenses changed year-over-year?
CubeSmart's total costs & expenses increased by 6.7% year-over-year, from $158.16M to $168.7M.
What is the long-term trend for CubeSmart's total costs & expenses?
Over 4 years (2021 to 2025), CubeSmart's total costs & expenses has grown at a 6.1% compound annual growth rate (CAGR), from $531.96M to $674.21M.
What does total costs & expenses mean?
This is the sum of all operating and non-operating costs incurred during the period. It provides a comprehensive view of the total expenditure required to maintain the business model.

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