Self-Storage Operations — Office expense
Extra Space Storage Self-Storage Operations — Office expense decreased by 46.2% to $19.59M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 44.0%, from $34.99M to $19.59M. Over 3 years (FY 2022 to FY 2025), Self-Storage Operations — Office expense shows an upward trend with a 24.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests rising overhead costs, whereas a decrease indicates improved operational efficiency.
Detailed definition
This includes administrative and operational costs associated with running the front-office functions of the self-storag...
Peer comparison
Often categorized under 'General and Administrative' or 'Office/Admin Expense' in property management.
exr_segment_self_storage_operations_office_expenseHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.60M | $18.60M | $18.60M | $18.60M | $24.41M | $24.41M | $24.41M | $24.41M | $29.45M | $28.89M | $30.87M | $34.40M | $34.99M | $36.15M | $36.57M | $36.44M | $19.59M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +31.2% | +0.0% | +0.0% | +0.0% | +20.7% | -1.9% | +6.9% | +11.4% | +1.7% | +3.3% | +1.2% | -0.4% | -46.2% |
| YoY Change | — | — | — | — | +31.2% | +31.2% | +31.2% | +31.2% | +20.7% | +18.4% | +26.5% | +40.9% | +18.8% | +25.1% | +18.5% | +5.9% | -44.0% |
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Frequently Asked Questions
- What is Extra Space Storage's self-storage operations — office expense?
- Extra Space Storage (EXR) reported self-storage operations — office expense of $19.59M in Q1 2026.
- How has Extra Space Storage's self-storage operations — office expense changed year-over-year?
- Extra Space Storage's self-storage operations — office expense decreased by 44.0% year-over-year, from $34.99M to $19.59M.
- What is the long-term trend for Extra Space Storage's self-storage operations — office expense?
- Over 3 years (2022 to 2025), Extra Space Storage's self-storage operations — office expense has grown at a 24.7% compound annual growth rate (CAGR), from $74.40M to $144.16M.
- What does self-storage operations — office expense mean?
- General administrative and office-related costs for storage facility sites.