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CubeSmart (CUBE) capital expenditures by quarter

CubeSmart's capital expenditures were $3.0M in Q2 2026 (second quarter 2026), -70% from Q1 2026. Over the last 7 quarters it ranged from $2.5M (Q4 2025) to $10.2M (Q2 2025).

CubeSmart capital expenditures by quarterCubeSmart capital expenditures by quarter$6.5MQ4 2024$8.0MQ1 2025$10.2MQ2 2025$7.3MQ3 2025$2.5MQ4 2025$10.0MQ1 2026$3.0MQ2 2026
QuarterCapital expendituresQ/QY/Y
Q2 2026$3.0M-70%-71%
Q1 2026$10.0M+297%+25%
Q4 2025$2.5M-65%-61%
Q3 2025$7.3M-29%—
Q2 2025$10.2M+28%—
Q1 2025$8.0M+24%—
Q4 2024$6.5M——

Q2 2026 at a glance

CubeSmart, Q2 2026: revenue $286M (+2% year over year), operating margin 41.0%, net earnings $89.6M, operating cash flow $144M. The chart follows the revenue to costs, profit and cash.

Questions

What is CubeSmart's capital expenditures?

CubeSmart's capital expenditures were $3.0M in Q2 2026 (second quarter 2026), -70% from Q1 2026.

How has CubeSmart's capital expenditures changed?

Over the last 7 quarters it ranged from $2.5M (Q4 2025) to $10.2M (Q2 2025).

Q2 2026 results → · How CubeSmart makes money →