Filing Flows › Extra Space Storage (EXR) › Q2 2026 › vs Q2 2025
Extra Space Storage (EXR) Q2 2026 vs Q2 2025 (year over year)
Extra Space Storage's revenue rose $32.5M (+4%) from $842M in Q2 2025 to $874M in Q2 2026. Operating margin 44.9% against 44.4% (+0.4 pts).
Extra Space Storage, Q2 2026: revenue $874M (+4% year over year), operating margin 44.9%, net earnings $263M, operating cash flow $586M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 44.9% | 44.4% | +0.4 pts |
| Net margin | 30.1% | 29.7% | +0.5 pts |
| Free cash flow margin | 57.2% | 45.4% | +11.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $874M | $842M | $32.5M | +4% |
| Operating profit | $392M | $374M | $18.2M | +5% |
| Costs & expenses | $482M | $468M | $14.3M | +3% |
| Pre-tax earnings | $288M | $274M | $13.6M | +5% |
| Other expense, net | $104M | $99.6M | $4.6M | +5% |
| Cost of revenue | $232M | $228M | $4.1M | +2% |
| General & admin | $47.3M | $45.0M | $2.4M | +5% |
| Other operating costs | $203M | $195M | $7.9M | +4% |
| Net earnings | $263M | $250M | $13.7M | +6% |
| Minority interests | $12.4M | $13.0M | −$577K | -4% |
| Income tax | $12.1M | $11.6M | $431K | +4% |
| Depreciation & amortization | $186M | $177M | $8.3M | +5% |
| Share-based compensation | $8.8M | $8.5M | $325K | +4% |
| Working capital & other | $128M | $108M | $20.1M | +19% |
| Operating cash flow | $586M | $544M | $42.5M | +8% |
| Free cash flow (OCF − capex) | $500M | $382M | $117M | +31% |
| Capital expenditures | $86.8M | $162M | −$74.9M | -46% |
Questions
How much did Extra Space Storage's revenue grow year over year in Q2 2026?
Extra Space Storage's revenue rose $32.5M (+4%) from $842M in Q2 2025 to $874M in Q2 2026. Operating margin 44.9% against 44.4% (+0.4 pts).