Form 10-Q · Quarterly report

Extra Space Storage 10-Q, filed Oct 30, 2026

Filed
CIK
0001289490
Accession no.
0001289490-26-000065
AI-generated summary

Summary

Extra Space Storage reported total revenues of $889.8 million for the third quarter of 2026, up 3.6% from a year earlier, with property rental revenue rising 3.4% to $760.8 million. As of September 30, 2026, the REIT owned or had interests in 2,448 operating self-storage stores and managed 1,963 stores for third parties.

Key points

  • Total revenue rose 3.6% to $889.8 million in the third quarter of 2026, while total expenses rose 3.8% to $492.1 million.
  • Property rental revenue increased 3.4% to $760.8 million; tenant reinsurance revenue increased 4.3% to $94.2 million.
  • Extra Space Storage owned or had ownership interests in 2,448 operating stores as of September 30, 2026, including 2,028 wholly owned stores and 408 in unconsolidated joint ventures.
  • The company managed 1,963 stores for third parties, bringing its total owned and/or managed stores to 4,411 across 43 states and Washington, D.C.

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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