Filing Flows › Extra Space Storage (EXR) › Operating margin
Extra Space Storage (EXR) operating margin by quarter
Extra Space Storage's operating margin was 44.0% in Q3 2026 (third quarter 2026), -0.8 pts from Q2 2026. Over the last 7 quarters it ranged from 32.5% (Q3 2025) to 47.4% (Q1 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 44.0% | -0.8 pts | +11.5 pts |
| Q2 2026 | 44.9% | +1.9 pts | +0.4 pts |
| Q1 2026 | 42.9% | -0.3 pts | -4.5 pts |
| Q4 2025 | 43.3% | +10.7 pts | — |
| Q3 2025 | 32.5% | -11.9 pts | — |
| Q2 2025 | 44.4% | -3.0 pts | — |
| Q1 2025 | 47.4% | — | — |
Q3 2026 at a glance
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
What is Extra Space Storage's operating margin?
Extra Space Storage's operating margin was 44.0% in Q3 2026 (third quarter 2026), -0.8 pts from Q2 2026.
How has Extra Space Storage's operating margin changed?
Over the last 7 quarters it ranged from 32.5% (Q3 2025) to 47.4% (Q1 2025).