Filing Flows › Extra Space Storage (EXR) › Q3 2026 › vs Q3 2025
Extra Space Storage (EXR) Q3 2026 vs Q3 2025 (year over year)
Extra Space Storage's revenue rose $31.3M (+4%) from $858M in Q3 2025 to $890M in Q3 2026. Operating margin 44.0% against 32.5% (+11.5 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 44.0% | 32.5% | +11.5 pts |
| Net margin | 27.8% | 19.3% | +8.5 pts |
| Free cash flow margin | 48.3% | 49.6% | -1.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $890M | $858M | $31.3M | +4% |
| Operating profit | $392M | $279M | $113M | +40% |
| Costs & expenses | $498M | $579M | −$81.4M | -14% |
| Pre-tax earnings | $272M | $186M | $85.5M | +46% |
| Other expense, net | $120M | $93.1M | $27.2M | +29% |
| Cost of revenue | $239M | $235M | $3.4M | +1% |
| General & admin | $45.7M | $43.5M | $2.3M | +5% |
| Other operating costs | $213M | $300M | −$87.0M | -29% |
| Net earnings | $248M | $166M | $81.8M | +49% |
| Minority interests | $11.7M | $8.0M | $3.7M | +45% |
| Income tax | $12.1M | $12.0M | $108K | +0.9% |
| Depreciation & amortization | $190M | $177M | $12.1M | +7% |
| Share-based compensation | $8.9M | $7.1M | $1.9M | +26% |
| Working capital & other | $20.9M | $107M | −$85.8M | -80% |
| Operating cash flow | $467M | $457M | $10.0M | +2% |
| Free cash flow (OCF − capex) | $430M | $426M | $4.6M | +1% |
| Capital expenditures | $36.9M | $31.5M | $5.4M | +17% |
Questions
How much did Extra Space Storage's revenue grow year over year in Q3 2026?
Extra Space Storage's revenue rose $31.3M (+4%) from $858M in Q3 2025 to $890M in Q3 2026. Operating margin 44.0% against 32.5% (+11.5 pts).