Filing Flows › Extra Space Storage (EXR) › Guidance & outlook
Extra Space Storage (EXR) guidance and outlook
Extra Space Storage (EXR) raised some and lowered other parts of its guidance on Oct 27, 2026: Other income $138M for FY2026; Interest expense $602M for FY2026. Extra Space Storage's 10-Q filed Oct 30, 2026 makes 9 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | +2.5% | new |
| Other income | FY2026 | $138M | lowered |
| Interest expense | FY2026 | $602M | raised |
From the earnings release filed Oct 27, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Oct 30, 2026
- Competition has impacted, and will continue to impact, our store results.
- Depreciation and amortization— We amortize to expense intangible assets-customer intangibles on a straight-line basis over the average period that a tenant is expected to utilize the facility (currently estimated at 18 months).
- We expect to generate positive cash flow from operations in 2026, and we consider projected cash flows in our sources and uses of cash.
- A significant deterioration in projected cash flows from operations could cause us to increase our reliance on available funds under our existing lines of credit, curtail planned capital expenditures, or seek other additional sources of financing.
- We expect to fund our short-term liquidity requirements, including operating expenses, recurring capital expenditures, dividends to stockholders, distributions to holders of Operating Partnership units and interest on our outstanding indebtedness,
- In addition, we are pursuing additional sources of financing based on anticipated funding needs and growth assumptions.
- At any point in time, we expect to maintain available commitments under our credit facility in an amount at least equal to the amount of commercial paper notes outstanding.
- We intend to manage our balance sheet to maintain these ratings.
- The shares of common stock will be offered pursuant to our effective registration statement on Form S-3 (Registration Statement No. 333-278690) previously filed with and declared effective by the Securities and Exchange Commission (the “SEC”) and a prospectus supplement and accompanying prospectus, filed with the SEC.
Extra Space Storage's latest quarter
Extra Space Storage, Q3 2026: revenue $890M (+4% year over year), operating margin 44.0%, net earnings $248M, operating cash flow $467M. The chart follows the revenue to costs, profit and cash.
Questions
Did Extra Space Storage raise or lower its guidance?
Extra Space Storage (EXR) raised some and lowered other parts of its guidance on Oct 27, 2026: Other income $138M for FY2026; Interest expense $602M for FY2026.
What does Extra Space Storage expect?
Competition has impacted, and will continue to impact, our store results. Depreciation and amortization— We amortize to expense intangible assets-customer intangibles on a straight-line basis over the average period that a tenant is expected to utilize the facility (currently estimated at 18 months). We expect to generate positive cash flow from operations in 2026, and we consider projected cash flows in our sources and uses of cash.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.