Business Segments · Operating Expenses

Self-Storage Operations — Operating Expenses

Extra Space Storage Self-Storage Operations — Operating Expenses increased by 3.0% to $238.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $223.58M to $238.30M. Over 4 years (FY 2021 to FY 2025), Self-Storage Operations — Operating Expenses shows an upward trend with a 25.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026

How to read this metric

An increase relative to revenue indicates margin compression, while a decrease indicates improved operational leverage.

Detailed definition

This is the total sum of all costs incurred to operate the self-storage segment, including payroll, marketing, taxes, in...

Peer comparison

Standard 'Total Operating Expenses' for any business segment.

Metric ID: exr_segment_self_storage_operations_operating_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$89.16M$92.79M$94.29M$103.54M$104.25M$114.58M$112.97M$117.17M$114.64M$185.19M$195.04M$204.52M$196.90M$209.04M$221.11M$223.58M$227.62M$235.49M$231.46M$238.30M
QoQ Change+4.1%+1.6%+9.8%+0.7%+9.9%-1.4%+3.7%-2.2%+61.5%+5.3%+4.9%-3.7%+6.2%+5.8%+1.1%+1.8%+3.5%-1.7%+3.0%
YoY Change+16.9%+23.5%+19.8%+13.2%+10.0%+61.6%+72.6%+74.6%+71.8%+12.9%+13.4%+9.3%+15.6%+12.7%+4.7%+6.6%
Range$89.16M$238.30M
CAGR+23.0%
Avg YoY Growth+27.4%
Median YoY Growth+14.5%

Frequently Asked Questions

What is Extra Space Storage's self-storage operations — operating expenses?
Extra Space Storage (EXR) reported self-storage operations — operating expenses of $238.30M in Q1 2026.
How has Extra Space Storage's self-storage operations — operating expenses changed year-over-year?
Extra Space Storage's self-storage operations — operating expenses increased by 6.6% year-over-year, from $223.58M to $238.30M.
What is the long-term trend for Extra Space Storage's self-storage operations — operating expenses?
Over 4 years (2021 to 2025), Extra Space Storage's self-storage operations — operating expenses has grown at a 25.6% compound annual growth rate (CAGR), from $368.61M to $918.15M.
What does self-storage operations — operating expenses mean?
Total costs to operate the self-storage business segment.