Filing Flows › CubeSmart (CUBE) › Operating margin
CubeSmart (CUBE) operating margin by quarter
CubeSmart's operating margin was 41.0% in Q2 2026 (second quarter 2026), +0.8 pts from Q1 2026. Over the last 7 quarters it ranged from 38.9% (Q3 2025) to 46.3% (Q4 2024).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 41.0% | +0.8 pts | +1.3 pts |
| Q1 2026 | 40.2% | +0.9 pts | -1.9 pts |
| Q4 2025 | 39.3% | +0.3 pts | -7.0 pts |
| Q3 2025 | 38.9% | -0.7 pts | — |
| Q2 2025 | 39.6% | -2.4 pts | — |
| Q1 2025 | 42.1% | -4.3 pts | — |
| Q4 2024 | 46.3% | — | — |
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 operating margin?
CubeSmart's operating margin was 41.0% in Q2 2026 (second quarter 2026), +0.8 pts from Q1 2026.
How has CubeSmart's operating margin changed?
Over the last 7 quarters it ranged from 38.9% (Q3 2025) to 46.3% (Q4 2024).