Filing Flows › CubeSmart (CUBE) › Q2 2026 › vs Q1 2026
CubeSmart (CUBE) Q2 2026 vs Q1 2026 (quarter over quarter)
CubeSmart's revenue rose $4.6M (+2%) from $282M in Q1 2026 to $286M in Q2 2026. Operating margin 41.0% against 40.2% (+0.8 pts).
CubeSmart, Q2 2026: revenue $286M (+2% year over year), operating margin 41.0%, net earnings $89.6M, operating cash flow $144M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 41.0% | 40.2% | +0.8 pts |
| Net margin | 31.3% | 29.4% | +1.9 pts |
| Free cash flow margin | 49.3% | 49.2% | +0.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $286M | $282M | $4.6M | +2% |
| Operating profit | $117M | $113M | $4.1M | +4% |
| Costs & expenses | $169M | $169M | $408K | +0.2% |
| Pre-tax earnings | $89.5M | $82.8M | $6.7M | +8% |
| Other expense, net | $27.9M | $30.5M | −$2.6M | -8% |
| Cost of revenue | $96.0M | $90.1M | $6.0M | +7% |
| General & admin | $17.2M | $17.2M | $57K | +0.3% |
| Other operating costs | $55.8M | $61.4M | −$5.6M | -9% |
| Loss borne by minority interests | $125K | $137K | −$12K | -9% |
| Net earnings | $89.6M | $82.9M | $6.7M | +8% |
| Depreciation & amortization | $56.9M | $62.5M | −$5.6M | -9% |
| Share-based compensation | $3.3M | $3.3M | $36K | +1% |
| Working capital & other | $5.5M | −$162K | $5.7M | — |
| Operating cash flow | $144M | $149M | −$4.5M | -3% |
| Free cash flow (OCF − capex) | $141M | $139M | $2.5M | +2% |
| Capital expenditures | $3.0M | $10.0M | −$7.0M | -70% |
Questions
How much did CubeSmart's revenue grow quarter over quarter in Q2 2026?
CubeSmart's revenue rose $4.6M (+2%) from $282M in Q1 2026 to $286M in Q2 2026. Operating margin 41.0% against 40.2% (+0.8 pts).