Business Segments · Revenue

Self Storage Operations — Revenue

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.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

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.

Detailed definition

This metric represents the total gross revenue generated from the rental of self-storage units, including base rent, lat...

Peer comparison

Comparable to 'Rental Income' or 'Storage Revenue' reported by other real estate investment trusts (REITs) specializing in self-storage facilities.

Metric ID: psa_segment_self_storage_operations_revenues

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$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%
Range$776.99M$1.14B
CAGR+8.2%
Avg YoY Growth+7.6%
Median YoY Growth+4.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Public Storage's self storage operations — revenue?
Public Storage (PSA) reported self storage operations — revenue of $1.13B in Q1 2026.
How has Public Storage's self storage operations — revenue changed year-over-year?
Public Storage's self storage operations — revenue increased by 2.3% year-over-year, from $1.10B to $1.13B.
What is the long-term trend for Public Storage's self storage operations — revenue?
Over 4 years (2021 to 2025), Public Storage's self storage operations — revenue has grown at a 8.8% compound annual growth rate (CAGR), from $3.20B to $4.49B.
What does self storage operations — revenue mean?
The total income earned from renting self-storage units and providing related storage services.