Other

Lease Income

Extra Space Storage Lease Income decreased by 0.1% to $733.21M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.1%, from $704.38M to $733.21M. Over 4 years (FY 2021 to FY 2025), Lease Income shows an upward trend with a 21.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026May 1, 2026

How to read this metric

An increase signals successful growth in the company's leasing business and asset utilization.

Detailed definition

Total income derived from all leasing activities, encompassing both operating and financing lease arrangements. This pro...

Peer comparison

Aggregated leasing revenue is a standard metric for diversified financial services firms.

Metric ID: other_lease_income

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$321.50M$351.36M$364.54M$379.81M$408.04M$428.79M$438.10M$433.96M$440.75M$650.89M$696.98M$688.04M$697.10M$710.87M$707.23M$704.38M$721.00M$735.58M$734.23M$733.21M
QoQ Change+9.3%+3.8%+4.2%+7.4%+5.1%+2.2%-0.9%+1.6%+47.7%+7.1%-1.3%+1.3%+2.0%-0.5%-0.4%+2.4%+2.0%-0.2%-0.1%
YoY Change+26.9%+22.0%+20.2%+14.3%+8.0%+51.8%+59.1%+58.5%+58.2%+9.2%+1.5%+2.4%+3.4%+3.5%+3.8%+4.1%
Range$321.50M$735.58M
CAGR+19.0%
Avg YoY Growth+21.7%
Median YoY Growth+11.7%
Current Streak2 quarters decline

Lease Income at Other Companies

Frequently Asked Questions

What is Extra Space Storage's lease income?
Extra Space Storage (EXR) reported lease income of $733.21M in Q1 2026.
How has Extra Space Storage's lease income changed year-over-year?
Extra Space Storage's lease income increased by 4.1% year-over-year, from $704.38M to $733.21M.
What is the long-term trend for Extra Space Storage's lease income?
Over 4 years (2021 to 2025), Extra Space Storage's lease income has grown at a 21.2% compound annual growth rate (CAGR), from $1.34B to $2.90B.
What does lease income mean?
The total revenue generated from all types of leasing activities.