Operating
Extra Space Storage·Cash Flow Statement·20 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | $545.2M | $468.4M | $408.3M | $481.4M | $543.9M | $457.1M | $367.8M | $489.9M |
| Net income | $195.4M | $202.9M | $277.8M | $284.9M | $262.7M | $174M | $300.9M | $252.4M |
| Depreciation and amortization | $194.8M | $195M | $196.2M | $180.4M | $177.3M | $177.5M | $180.1M | $185.8M |
| Change in other assets | $23.1M | -$46M | $58M | -$6.9M | -$20.1M | $55.1M | -$49.2M | -$38.2M |
| Increase (Decrease) in Other Operating Assets | $23.1M | -$46M | $58M | -$6.9M | -$20.1M | $55.1M | -$49.2M | -$38.2M |
| Proceeds From Sale Of Notes Receivable | $0 | $175.3M | $8.3M | $25.9M | $6.5M | $66M | $14.2M | $29.3M |
| Change in other liabilities | $68.4M | — | $44.2M | $14.5M | -$16.5M | -$3.4M | -$36.9M | -$18.5M |
| Debt issuance costs and discount amortization | $10.9M | $11M | $11.2M | $11.3M | $11.8M | $12.1M | $12.4M | $12.6M |
| Amortization Of Debt Discount Premium | $10.9M | $11M | $11.2M | $11.3M | $11.8M | $12.1M | $12.4M | $12.6M |
| Change in accounts payable | $41.6M | $2.5M | — | $5M | $72.5M | $43.7M | — | $10M |
| Noncash Interest Income | $8.5M | $7.4M | $7.9M | $8.3M | $8.1M | $7.7M | $8.5M | $7.7M |
| Stock-based compensation | $280K | $8.2M | $14.6M | $7.2M | $8.5M | $7.1M | $12.8M | $7.6M |
| Distributions from equity method investments | -$6.2M | -$7.3M | -$8.9M | -$9.2M | -$8.7M | -$6.9M | -$4.4M | -$3.3M |
| Income Loss From Equity Method Investments Net Of Dividends Or Distributions | -$6.2M | -$7.3M | -$8.9M | -$9.2M | -$8.7M | -$6.9M | -$4.4M | -$3.3M |
| Amortization of debt issuance costs | $3.7M | $5.7M | $3.3M | $2.8M | $2.9M | $3.1M | $3.2M | $3.2M |
| Amortization expense related to capitalized debt issuance costs | $3.7M | $5.7M | $3.3M | $2.8M | $2.9M | $3.1M | $3.2M | $3.2M |
| Non-cash operating lease expense | — | $2.3M | — | $3.3M | $3.2M | $3.2M | $3.2M | $3.2M |
| Operating lease right-of-use asset amortization | — | $2.3M | — | $3.3M | $3.2M | $3.2M | $3.2M | $3.2M |
| Equity in earnings of unconsolidated real estate ventures - gain on sale of a joint venture interest | — | — | — | $0 | — | — | — | $207K |
| Gains (Loss) On Real Estate Transactions, Net Of Impairment Of Real Estate | — | -$9M | — | $35.8M | — | -$105.1M | — | $0 |