PSA Q3 2025 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$54B

Q3 2025 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$1.2B+3.1% YoY

Gross Profit

$893M73.0% margin

Operating Income

$864M70.6% margin

Net Income

$511M41.8% margin

EPS (Diluted)

$2.62

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$875M

Free Cash Flow

$988M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$20.1B

Total Liabilities

$10.7B

Stockholders' Equity

$9.3B

Cash & Equivalents

$296M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.2B	+3.1%
Gross Profit	$893M	$866M	+3.1%
Operating Income	$864M	$560M	+54.5%
Net Income	$511M	$430M	+18.8%

Revenue Segments

Self Storage Operations

$1.1B93%

Ancillary Operations

$85M7%