Extra Space StorageEXREarnings & Financial Report
Extra Space Storage Inc. is an American real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage facilities. The company rents storage units, including climate controlled units, drive-up units, lockers, boat storage, RV storage and business storage under the brands Extra Space Storage, Life Storage, and Storage Express. As of March 28, 2024 the company owned and/or operated 3,714 locations in 43 states, and Washington, D.C. comprising approximately 2.
EXR Q3 2025 Key Financial Metrics
Revenue
$32.5M
Gross Profit
$-202.9M
Operating Profit
$279.1M
Net Profit
$166.0M
Gross Margin
-623.7%
Operating Margin
857.8%
Net Margin
510.2%
YoY Growth
8.9%
EPS
$0.78
Financial Flow
Extra Space Storage Q3 2025 Financial Summary
Extra Space Storage reported revenue of $32.5M for Q3 2025, with a net profit of $166.0M (510.2% margin). Cost of goods sold was $235.5M, operating expenses totaled $-482.1M.
Key Financial Metrics
| Total Revenue | $32.5M |
|---|---|
| Net Profit | $166.0M |
| Gross Margin | -623.7% |
| Operating Margin | 857.8% |
| Report Period | Q3 2025 |
Extra Space Storage Annual Revenue by Year
Extra Space Storage annual revenue history includes year-by-year totals (for example, 2024 revenue was $120.9M).
| Year | Annual Revenue |
|---|---|
| 2024 | $120.9M |
| 2023 | $102.0M |
| 2022 | $83.9M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.4M | $30.1M | $29.9M | $29.9M | $31.0M | $30.9M | $32.0M | $32.5M |
| YoY Growth | 43.4% | 41.0% | 34.5% | 6.6% | 1.9% | 2.5% | 7.3% | 8.9% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $27.46B | $27.48B | $27.76B | $28.06B | $28.85B | $28.99B | $29.37B | $29.23B |
| Liabilities | $12.04B | $12.19B | $12.63B | $13.10B | $13.99B | $14.22B | $14.69B | $14.74B |
| Equity | $14.39B | $14.30B | $14.17B | $14.01B | $13.95B | $13.89B | $13.79B | $13.62B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $364.5M | $465.6M | $545.2M | $468.4M | $408.3M | $481.4M | $543.9M | $457.1M |
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