EXR Q4 2025 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$31B

Q4 2025 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$918M+9.3% YoY

Gross Profit

-$559M-60.8% margin

Operating Income

$447M48.7% margin

Net Income

$283M30.9% margin

EPS (Diluted)

$1.30

QoQ Revenue Growth

+18.1%

Cash Flow

Operating Cash Flow

$368M

Free Cash Flow

$362M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$29.3B

Total Liabilities

$14.9B

Stockholders' Equity

$13.4B

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$918M	$841M	+9.3%
Gross Profit	-$559M	$716M	-178.0%
Operating Income	$447M	$380M	+17.7%
Net Income	$283M	$262M	+8.0%

Revenue Segments

Self Storage Operations

$734M89%

Tenant Reinsurance

$89M11%