Ancillary operations — Revenue
Public Storage Ancillary operations — Revenue increased by 3.2% to $89.62M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $80.19M to $89.62M. Over 4 years (FY 2021 to FY 2025), Ancillary operations — Revenue shows an upward trend with a 12.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests successful cross-selling of services to existing tenants or growth in the third-party management portfolio.
Detailed definition
This metric captures the total gross revenue generated from ancillary business activities, including the sale of packing...
Peer comparison
Similar to 'other revenue' or 'ancillary income' reported by other self-storage REITs, which are often correlated with occupancy levels and tenant engagement.
psa_segment_ancillary_operations_revenueHistorical Data
| 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 | $52.32M | $54.42M | $54.60M | $56.43M | $58.76M | $60.76M | $60.19M | $62.05M | $63.65M | $65.10M | $67.28M | $71.18M | $73.48M | $77.64M | $77.33M | $80.19M | $82.44M | $85.21M | $86.87M | $89.62M |
| QoQ Change | — | +4.0% | +0.3% | +3.4% | +4.1% | +3.4% | -0.9% | +3.1% | +2.6% | +2.3% | +3.4% | +5.8% | +3.2% | +5.7% | -0.4% | +3.7% | +2.8% | +3.4% | +2.0% | +3.2% |
| YoY Change | — | — | — | — | +12.3% | +11.6% | +10.2% | +10.0% | +8.3% | +7.1% | +11.8% | +14.7% | +15.4% | +19.3% | +14.9% | +12.7% | +12.2% | +9.7% | +12.3% | +11.8% |
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Frequently Asked Questions
- What is Public Storage's ancillary operations — revenue?
- Public Storage (PSA) reported ancillary operations — revenue of $89.62M in Q1 2026.
- How has Public Storage's ancillary operations — revenue changed year-over-year?
- Public Storage's ancillary operations — revenue increased by 11.8% year-over-year, from $80.19M to $89.62M.
- What is the long-term trend for Public Storage's ancillary operations — revenue?
- Over 4 years (2021 to 2025), Public Storage's ancillary operations — revenue has grown at a 12.1% compound annual growth rate (CAGR), from $212.26M to $334.70M.
- What does ancillary operations — revenue mean?
- The total gross revenue earned from non-storage services like insurance, merchandise, and management fees.