CUBE Q2 2025 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

Q2 2025 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$282M+6.0% YoY

Gross Profit

$127M44.9% margin

Operating Income

$112M39.6% margin

Net Income

$83M29.4% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

$157M

Free Cash Flow

$157M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$6.7B

Total Liabilities

$3.8B

Stockholders' Equity

$2.8B

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$282M	$266M	+6.0%
Gross Profit	$127M	$183M	-30.8%
Operating Income	$112M	$117M	-4.7%
Net Income	$83M	$94M	-11.7%

Revenue Segments

Other Property Related Income

$33M76%

Property Management Fee Income

$10M24%