Form 8-K · Current report
Extra Space Storage 8-K, filed Oct 27, 2026
- Filed
- CIK
- 0001289490
- Accession no.
- 0001289490-26-000061
Summary
Extra Space Storage reported third-quarter 2026 net income of $1.17 per diluted share, up 50.0% from a year earlier, and Core FFO of $2.17 per diluted share, up 4.3%, alongside 2.7% same-store revenue growth. The company announced that President Noah Springer will succeed Joe Margolis as Chief Executive Officer effective January 1, 2027, and repurchased 2,390,497 shares for $327.1 million during the quarter.
Key points
- Net income attributable to common stockholders was $1.17 per diluted share, up 50.0% year over year, and Core FFO was $2.17 per diluted share, up 4.3%.
- Same-store revenue rose 2.7% and same-store net operating income rose 4.6%, with ending same-store occupancy of 94.0% versus 93.7% a year earlier.
- The company repurchased 2,390,497 shares for $327.1 million at an average price of $136.85 per share and paid a quarterly dividend of $1.62 per share.
- It added 78 stores (1 store net) to its third-party management platform, ending with 2,371 managed stores.
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 October 27, 2026, Extra Space Storage Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended September 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.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.