Extra Space Storage Tenant Reinsurance — Revenue decreased by 0.1% to $89.12M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.2%, from $84.71M to $89.12M. Over 4 years (FY 2021 to FY 2025), Tenant Reinsurance — Revenue shows an upward trend with a 20.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates higher adoption of insurance products by tenants or improved pricing power in the insurance program.
This metric represents the total gross income generated by the tenant reinsurance business segment. It reflects premiums...
Similar to ancillary service revenue or insurance premium income reported by other REITs or storage operators.
exr_segment_tenant_reinsurance_revenues| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $42.33M | $44.26M | $43.90M | $43.80M | $46.43M | $47.87M | $47.44M | $47.70M | $48.43M | $69.13M | $70.42M | $81.35M | $83.71M | $84.05M | $83.70M | $84.71M | $88.57M | $90.34M | $89.25M | $89.12M |
| QoQ Change | — | +4.5% | -0.8% | -0.2% | +6.0% | +3.1% | -0.9% | +0.6% | +1.5% | +42.7% | +1.9% | +15.5% | +2.9% | +0.4% | -0.4% | +1.2% | +4.6% | +2.0% | -1.2% | -0.1% |
| YoY Change | — | — | — | — | +9.7% | +8.2% | +8.1% | +8.9% | +4.3% | +44.4% | +48.4% | +70.5% | +72.8% | +21.6% | +18.9% | +4.1% | +5.8% | +7.5% | +6.6% | +5.2% |