Public Storage Self Storage Operations — Revenue decreased by 0.1% to $1.13B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $1.10B to $1.13B. Over 4 years (FY 2021 to FY 2025), Self Storage Operations — Revenue shows an upward trend with a 8.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests higher occupancy rates or successful implementation of rental rate growth strategies, while a decrease may indicate softening market demand or increased competitive pressure.
This metric represents the total gross revenue generated from the rental of self-storage units, including base rent, lat...
Comparable to 'Rental Income' or 'Storage Revenue' reported by other real estate investment trusts (REITs) specializing in self-storage facilities.
psa_segment_self_storage_operations_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 | $776.99M | $840.51M | $869.72M | $917.02M | $973.29M | $1.03B | $1.03B | $1.03B | $1.06B | $1.08B | $1.09B | $1.09B | $1.10B | $1.11B | $1.10B | $1.10B | $1.12B | $1.14B | $1.13B | $1.13B |
| QoQ Change | — | +8.2% | +3.5% | +5.4% | +6.1% | +5.6% | +0.1% | +0.4% | +2.3% | +2.1% | +1.3% | -0.6% | +1.3% | +0.9% | -0.9% | +0.3% | +1.4% | +1.8% | -0.9% | -0.1% |
| YoY Change | — | — | — | — | +25.3% | +22.2% | +18.2% | +12.6% | +8.5% | +5.0% | +6.2% | +5.2% | +4.1% | +2.9% | +0.7% | +1.6% | +1.7% | +2.6% | +2.6% | +2.3% |