Filing Flows › Extra Space Storage (EXR) › Q3 2026 › vs Q2 2026
Extra Space Storage (EXR) Q3 2026 vs Q2 2026 (quarter over quarter)
Extra Space Storage's revenue rose $15.6M (+2%) from $874M in Q2 2026 to $890M in Q3 2026. Operating margin 44.0% against 44.9% (-0.8 pts).
Extra Space Storage, Q3 2026: revenue $890M (+4% year over year), operating margin 44.0%, net earnings $248M, operating cash flow $467M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 44.0% | 44.9% | -0.8 pts |
| Net margin | 27.8% | 30.1% | -2.3 pts |
| Free cash flow margin | 48.3% | 60.9% | -12.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $890M | $874M | $15.6M | +2% |
| Operating profit | $392M | $392M | −$315K | -0.1% |
| Costs & expenses | $498M | $482M | $16.0M | +3% |
| Pre-tax earnings | $272M | $288M | −$16.4M | -6% |
| Other expense, net | $120M | $104M | $16.1M | +15% |
| Cost of revenue | $239M | $232M | $7.1M | +3% |
| General & admin | $45.7M | $47.3M | −$1.6M | -3% |
| Other operating costs | $213M | $203M | $10.4M | +5% |
| Net earnings | $248M | $263M | −$15.7M | -6% |
| Minority interests | $11.7M | $12.4M | −$722K | -6% |
| Income tax | $12.1M | $12.1M | $1K | 0% |
| Depreciation & amortization | $190M | $186M | $4.0M | +2% |
| Share-based compensation | $8.9M | $8.8M | $80K | +0.9% |
| Working capital & other | $20.9M | $128M | −$108M | -84% |
| Operating cash flow | $467M | $586M | −$119M | -20% |
| Free cash flow (OCF − capex) | $430M | $532M | −$102M | -19% |
| Capital expenditures | $36.9M | $54.0M | −$17.0M | -32% |
Questions
How much did Extra Space Storage's revenue grow quarter over quarter in Q3 2026?
Extra Space Storage's revenue rose $15.6M (+2%) from $874M in Q2 2026 to $890M in Q3 2026. Operating margin 44.0% against 44.9% (-0.8 pts).