Form 10-Q · Quarterly report
Extra Space Storage 10-Q, filed Jul 31, 2026
- Filed
- CIK
- 0001289490
- Accession no.
- 0001289490-26-000053
Summary
Extra Space Storage reported total revenues of $874.2 million for the quarter ended June 30, 2026, up 3.9% from $841.6 million a year earlier, and $1.73 billion for the first six months, up 4.1%. The REIT said it owned or held interests in 2,446 operating stores and managed another 1,964 for third parties, a total of 4,410 stores, with property rental revenue growth driven partly by acquisitions of 18 wholly-owned stores in the first half of 2026.
Key points
- Total revenues for the three months ended June 30, 2026 were $874.2 million, up 3.9% year over year, and $1.73 billion for the six months, up 4.1%.
- Property rental revenue rose 3.5% to $746.2 million for the quarter and 3.8% to $1.48 billion for the six months.
- As of June 30, 2026, Extra Space owned or had interests in 2,446 operating stores and managed 1,964 stores for third parties, across 42 states and Washington, D.C.
- About 2,580,000 tenants were leasing storage units at stores the company owns and/or manages, mostly on month-to-month leases, with an average length of stay of roughly 16.8 months for vacated same-store tenants.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION OVERVIEW We are a fully integrated, self-administered and self-managed real estate investment trust (“REIT”) that owns, operates, manages, acquires, develops and redevelops self-storage properties (“stores”) and provides lending to owners of stores located throughout the United States. We derive substantially all of our revenues from our two segments: self-storage operations and tenant reinsurance. Primary sources of revenue for our self-storage operations segment include rents received from tenants under leases at stores that are wholly-owned and in consolidated joint ventures. …
An excerpt of the text as filed with the SEC, cut for length.
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