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Extra Space Storage EXR Direct premiums earned
Direct premiums earned at other companies
Other financials
Where this comes from
Reported directly by Extra Space Storage in its filing.
Tagged under the XBRL concept us-gaap:DirectPremiumsEarned.
The source filing: Extra Space Storage’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 4:25 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001289490-26-000037
| Line item | For the Three Months Ended March 31, 2026 | 2025 |
|---|---|---|
| Revenues: | ||
| Property rental | $733,213 | $704,380 |
| Tenant reinsurance | 89,119 | 84,712 |
| Management fees and other income | 33,695 | 30,905 |
| Total revenues | 856,027 | 819,997 |
| Expenses: | ||
| Property operations | 238,303 | 223,582 |
| Tenant reinsurance | 17,867 | 17,116 |
Item 1. FINANCIAL STATEMENTS (unaudited)
FAQ
- What is Extra Space Storage's direct premiums earned?
- Extra Space Storage (EXR) reported direct premiums earned of $89.12M in Q1 2026.
- How has Extra Space Storage's direct premiums earned changed year-over-year?
- Extra Space Storage's direct premiums earned increased by 5.2% year-over-year, from $84.71M to $89.12M.
- What is the long-term trend for Extra Space Storage's direct premiums earned?
- Over 4 years (2021 to 2025), Extra Space Storage's direct premiums earned has grown at a 20.0% compound annual growth rate (CAGR), from $170.11M to $352.88M.
- What does direct premiums earned mean?
- Refers to the revenue generated from providing insurance products to tenants for their stored goods. This represents a high-margin ancillary service that leverages the existing customer base to drive incremental non-rental income.
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