PSA Q4 2025 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$54B

Q4 2025 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$1.2B+3.3% YoY

Gross Profit

$292M24.0% margin

Operating Income

$557M45.8% margin

Net Income

$507M41.7% margin

EPS (Diluted)

$2.60

QoQ Revenue Growth

-0.7%

Cash Flow

Operating Cash Flow

$734M

Free Cash Flow

$634M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$20.2B

Total Liabilities

$10.9B

Stockholders' Equity

$9.2B

Cash & Equivalents

$318M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.2B	+3.3%
Gross Profit	$292M	$867M	-66.3%
Operating Income	$557M	$553M	+0.6%
Net Income	$507M	$615M	-17.5%