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PSA Q2 2025 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena
PSA
Public Storage
$54B
Q2 2025 Earnings
Real Estate
REIT - Industrial
Income Statement
Revenue
$1.2B
+2.4% YoY
Gross Profit
$883M
73.5% margin
Operating Income
$575M
47.9% margin
Net Income
$358M
29.8% margin
EPS (Diluted)
$1.76
QoQ Revenue Growth
+1.5%
Cash Flow
Operating Cash Flow
$873M
Free Cash Flow
$817M
Stock-Based Comp.
$11M
Balance Sheet
Total Assets
$20.5B
Total Liabilities
$11.1B
Stockholders' Equity
$9.4B
Cash & Equivalents
$1.1B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.2B
$1.2B
+2.4%
Gross Profit
$883M
$872M
+1.3%
Operating Income
$575M
$562M
+2.3%
Net Income
$358M
$518M
-30.8%
Revenue Segments
Self Storage Operations
$1.1B
93%
Ancillary Operations
$82M
7%
← FY 2025
All Quarters
Q3 2025 →