Form 8-K · Current report
Extra Space Storage 8-K, filed Jul 28, 2026
- Filed
- CIK
- 0001289490
- Accession no.
- 0001289490-26-000048
Summary
Extra Space Storage reported second-quarter 2026 net income attributable to common stockholders of $1.25 per diluted share, up 5.9% year over year, and Core FFO of $2.15 per diluted share, up 4.9%, with same-store net operating income up 3.5%. CEO Joe Margolis attributed the Core FFO growth to strong occupancy, improving store performance, expense control, and contributions from third-party management and bridge lending.
Key points
- Net income attributable to common stockholders was $1.25 per diluted share for the quarter, up 5.9% from a year earlier, and $2.39 per diluted share for the six months, down 2.5% against a prior-year period that included a gain on real estate sold.
- Same-store revenue rose 2.4% and same-store net operating income rose 3.5% in the quarter; ending same-store occupancy was 94.2%, versus 94.4% a year earlier.
- The company acquired 17 operating stores and a joint venture partner's ownership interest in one consolidated joint venture for $90.7 million, and originated $140.6 million in mortgage and mezzanine bridge loans during the quarter.
- It added 67 stores (48 net) to its third-party management platform, reaching 2,373 managed stores, and paid a quarterly dividend of $1.62 per share.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition On July 28, 2026, Extra Space Storage Inc. (the “Company”) issued a press release announcing its financial results for the three and six months ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein. The information contained in this Current Report, including the exhibit referenced herein, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. …
An excerpt of the text as filed with the SEC, cut for length.
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