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Public Storage PSA Q2 2026 earnings

Reported July 29, 2026 · After market close

Revenue$1.2BMiss by $1.1M
EPS$2.55Beat by $0.02
Revenue estimate$1.2B
EPS estimate$2.53
“With the successful closing of the National Storage Affiliates acquisition and our announced agreement to acquire Public Storage Canada, the power of our PS4.0 Value Creation Engine and the operational advantages of the PS Next Platform are on full display. These strategic expansions allow us to deepen and broaden our portfolio, deliver value creation to our stakeholders, and improve customer experience across a rapidly growing footprint.”
Tom Boyle

Next report

Nov 4, 2026 (in a month)
Revenue estimate$1.3B
EPS estimate$2.35

Financials

Q2 2026

Income statement

See full
Revenue$1.2B+2.6%
Operating income$466.7M-6.7%
Net income$500.0M+39.5%
EPS (diluted)$2.55+44.9%

Balance sheet

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Cash & equivalents$259.9M-76.5%
Total equity$9.2B-1.9%
Total assets$20.1B-2.1%

Cash flow

See full
Operating cash flow$868.4M-0.5%

Valuation & ratios

Valuation

as of 10/02/26
See full
Market cap$53.07B+4.6%
P/E26.1×-0.9×
P/S10.8×+0.2×

Profitability

See full
Net margin41.8%+3.7pp

Returns & leverage

See full
Return on equity22%+3.0pp

FAQ

When did Public Storage report Q2 2026 earnings?
Public Storage (PSA) reported Q2 2026 earnings on July 29, 2026 after market close.
What were Public Storage's Q2 2026 revenue and EPS?
Public Storage reported revenue of $1.2B and eps of $2.55 for Q2 2026.
Did Public Storage beat estimates in Q2 2026?
Revenue missed the consensus estimate of $1.2B by $1.1M. EPS beat the consensus estimate of $2.53 by $0.02.
How did Public Storage's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 2.6% from $1.2B a year earlier and eps declined 40.4% from $4.28.
Where can I find Public Storage's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-050608) and the 10-Q periodic report (0001628280-26-050612) directly on SEC EDGAR. The filing index links above go to sec.gov.